Your data: Time to take the steering wheel
Private capital firms cannot let off-the-shelf software solutions control data strategy, writes Ingolv Urnes of psKINETIC. Ingolv spent a decade with Goldman Sachs in London, Frankfurt and New York, before founding psKINETIC. Successful private capital firms will not simply use standard off-the-shelf software providing little competitive advantage. They are moving to develop proprietary solutions to […]
How To Get On Top Of Compliance
Since the financial crisis and with the onset of the global pandemic, the FCA has progressively brought in stricter, more complex governance for financial institutions. Failure to demonstrate appropriate governance, controls, and compliance in their regulatory reporting framework exposes banks to heavy fines. These fines can have both a financial and reputational impact which can […]
5 Key Areas Of Compliance In Banking
Hybrid Work Environments With the banking sector starting to return to some form of normality, it has become apparent that big decisions are being made about new ways of working. With the UK and much of the world witnessing mass branch closures, many are considering what the new work environment will look like both internally […]
Embedded Insurance – Don’t Let Technology Slow You Down
Everyone now seems to be talking about launching embedded insurance propositions are there are already several players focusing on the obvious plays of flight delay cover, unpaid invoice cover and even loss of income bundled with the sale of bikes for delivery riders. So you want to get on the embedded insurance bandwagon, it’s estimated […]
Automation & Digital Transformation In Asset Management
“Asset managers are harnessing the tools, expertise, and infrastructure needed to turn data into actionable insights that can drive growth in investments and their investor base.” [Source BNY AM] Global asset managers need to compete in an eco-system that is increasingly data-driven. Changing demographics and client expectations require leadership teams to re-think their target operating […]
Unifying Middle, Back Office and Compliance With Automation
Nowadays, there seems to be a huge amount of general information on banking middle and back office. Alongside that is compliance, where does it sit, and how? Traditionally, compliance would sit in middle office with risk management, corporate treasury, corporate strategy, financial control and finally compliance. However, this is starting to change due to the […]
psKINETIC Announces Contract Win With PIB Group
psKINETIC is pleased to announce it has been selected by specialist insurance intermediary PIB Group as its chosen technology partner, to help deliver a new state of the art, workflow automation platform. The agreement follows a search by PIB Group for a flexible yet robust intelligent automation platform, that will enable them to scale their […]
Deal Due Diligence – Time For Digital Transformation?
Private Capital: Digital Transformation of Deal Due Diligence What do the most successful private equity, private debt, and other alternative asset managers have in common? They are building scalable machines. This article looks at how digital transformation of the Deal Due Diligence is at the core of building that industrial organisation. We define Deal Due Diligence […]
You Don’t Automate Your Onboarding? That’s How You Scale!
In my blog ‘Access Is Authorised’, I looked at Open Banking and the benefits I believe it’s going to bring to the B2B market. There is, however, a lot of tech sitting behind that making it effective, robust, and frictionless. There is, however, a lot of technology sitting behind that making it effective, robust, and […]
Top Trends For On Demand Insurance
COVID-19, (I know you’re probably just as sick of it as I am) but COVID-19 has inevitably changed many aspects of our lives forever. As we slowly begin to return to what we remember as normal, I have begun to ask myself what is the new normal these days? For many parts of the insurance […]
Building a Centre of Excellence – The Path To Automation Excellence
Business improvement through automation is a strategic investment. So it comes as no surprise, we often get asked what is best practice when building a successful Centre of Excellence (CoE), and how long does it take? At psKINETIC, we think of our automation services as a CoE, which we’ve been building for over 10 years. […]
Distributed Agile
Distributed Agile – just an agile team working from home? For the last few years, your organisation has adopted Agile – you were scoping projects, talking about T-shirt sizing and assigning product owners. It was bedding in nicely. Then Covid-19 come along. You quickly moved to remote-working, and it has worked reasonably well… in fact, […]