|
Market Analysis: Philippine Banking UpdatePublished by: IDC Published: Jun. 22, 2009 - 25 Pages Table of ContentsTable of Contents Financial Insights Opinion In This Report The Philippine Banking Roundtable 2009Situation Overview Optimizing the Use of ITMore Opex, Less Capex PleaseIncreasing Interest in Pay-Per-Use IT Delivery ModelInvolvement of Senior Management in Strategic IT ProgramsRole of Business Executives in IT InvestmentsRisk Management and Information SecurityExternal Fraud — Identity Theft and ManagementPersonal Privacy and Data Loss PreventionInternet and Mobile BankingCommendable Presence in Internet BankingMobile Banking Still NascentLoan Origination, Credit Collections, and RecoveryCustomer Analytics and Revamping of Data InfrastructureFuture Outlook Strategic PrioritiesRecovery ExpectationsChanges in Technology SpendingTechnology Resource UtilizationEssential Guidance Actions for Financial InstitutionsActions for VendorsLearn More Related ResearchSynopsisTable: Twenty Largest Domestic Banks in the Philippines by Assets Table: Internet Growth in the Philippines Versus Regional Nations Figure: Population of Select Asia/Pacific Countries by Age, 2008 Figure: Anticipated Loan Growth and Loan Market Share Shifts in Asia/Pacific, 2009 Figure: Importance Level of Strategic Imperatives for Philippine Banks in the Next 12 Months Figure: Economic Crisis Recovery Expectations for the Philippine Market Figure: Economic Crisis–Specific Focus Areas for Philippine Banks Figure: Change in Spending on Technology for Philippine Banks in the Next 12 Months Figure: Change in Reliance on Internal and External Technology Resource Usage for Philippine Banks in the Next 6–12 Months AbstractThis Financial Insights report enumerates the key discussion points from a closed-door roundtable led by Financial Insights and involving 13 CIOs and IT heads from Philippine banks. This report examines the top strategic business and technology plans banks in the country are implementing, and discusses how these initiatives build or enhance their competitive advantage going forward. "The attending issues Philippine banks are facing center around topics such as technology optimization, risk and information security, Internet banking, loans origination, and customer analytics," comments Li-May Chew, CFA, senior research manager, Asia/Pacific Financial Advisory Service. "Optimization sees the banks favoring variable to fixed IT investments, increasingly exploring Web-delivered IT services, and involving line-of-business executives and senior-level management in technology investment decisions." This report also reviews the future strategy and technology undertakings of the participating institutions in the subsequent 6-12 months. Strategic imperatives that Philippine banks are focused on include enhancing operational efficiencies, cost controls, and ensuring efficacy in the utilization of technology (IT optimization once again) as banks seek to rein in cost and make the most out of limited resources. Get Full Details About This Report >> |
|
|||
|
About MarketResearch.com
|
||||