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The Digital Back Office

The Digital Back Office

There is lots of talk about digital in banking from people such as Chris Skinner in his insightful blog The Finanser. Much of this discussion however is focused on the front office relationship with external customers, specifically about how to build a bank that is responsive to customers in the digital world. I believe that this thinking is too narrow, it is my belief that you cannot have a digital bank without a Digital Back Office. This needs to provide the important services to support the internal management of the bank, as well as the operational support for external customers.

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Plugging your toaster into a nuclear power station

Plugging your toaster into a nuclear power station

We call it the “Last Mile Problem” and we see it a lot. Financial institutions consume a lot of market data and they tell us it is hard to manage and needs a lot of work. Meanwhile, we also speak with market data vendors and they often tell us that onboarding new feeds into clients or upselling more data to existing clients is slow and costly. This is the same problem seen from both sides.

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Could a robot do your job?

Could a robot do your job?

Artificial intelligence is advancing. Medical diagnosis, stock trading, even cow milking are applications being applied to artificial intelligence techniques today. How long before a robot takes over your job?

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No-nonsense summary of data management generations

No-nonsense summary of data management generations

Data management software vendors are notorious for excessively complicated, jargon-filled or confused explanations of their technology and its benefits. This blog is a succinct, simple summary of how data management has evolved to where we are now over the years.

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Digging up the road one regulation at a time

Digging up the road one regulation at a time

The alphabet soup of regulatory demands continues to occupy our minds and budgets.  One constant theme – we are now in an era of constant regulatory change.  The global regulators and politicians will see to that. What to do about it?

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About Stream Financial

We enjoy those intractable business problems you hate. We employ our experience and leading edge software solutions to help your organisation realise it’s full potential. Our approach is widely effective for business processes across all organisations and business sectors.


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