Название: Improving Operating Leverage Using Hyperautomation: Unlock Strategic Advantages Across Banking and Non-Banking Financial InstitutionsАвтор: Kannan Subramanian R
Издательство: Apress
Год: 2024
Страниц: 559
Язык: английский
Формат: pdf (true), epub
Размер: 89.0 MB
Improving operating leverage is about operational resilience, structural operational efficiency, and sustainable revenue growth. Activity-based enterprise non-interest cost management is an important component of enterprise risk adjusted return management methodology. This book builds on the author Kannan Subramanian’s earlier book, Event- and Data-Centric Enterprise Risk-Adjusted Return Management, delving in depth into enterprise non-interest operating cost management and operating leverage. Operating Leverage is about managing a bank’s capabilities and its capacity to deliver its products and services efficiently. It is not limited to managing operational costs but includes the operational support for the growth of business and for improving profitability. Hyperautomation uses enterprise process automation technology and advanced analytics such as Machine Learning, to provide a layer of intelligence in process orchestration. A banking process has a set of business activities, a deliverable, and starting and ending points. An activity can be either manual or automatic and can be classified as belonging to a front, middle, or back office function. Hyperautomation uses a low-code application platform to facilitate the implementation of ABC or TDABC. Business activity configuration, process modeling, and intelligent processing are its strengths.
