Barclays
Industry Overview
Banks in emerging markets (China, India, and Brazil) have grown at
extraordinary rates in recent years
IT spending in banks has grown by 5.8% in 2013
Increased investment into analytics, business intelligence, big data and
compliance
Technology investments into digital channels (e.g., Internet, mobile,
tablet, and social media) and push toward digital convergence
Company Overview
Global bank headquartered in the UK
10th largest bank in the world by total assets
Has a 300 year old history
Assets worth more than 2 trillion
Acquired North American operations of Lehman brothersin 2008.
Has a big presence in India
Organisation Structure
CEO
CIO &
CFO
Core
business
es
COO &
CTO
Business functions (HR
, Operations , IT ,
Finance , Compliance
etc) and country
heads
Non
Core
Computerisation @ Barclays
Automation of business processes
Integration across branches
Information system simplifies accounting
Faster processing and less accounting errors
Addition of multiple channels such as ATMs
and online banking
Enhanced ability to conduct in-depth financial
analysis and gather intelligence
USAGE OF IS
Implemented SAS BI during 2010 to steer
them through the Economic downturn
Multimedia IS integrates different functions;
operational , strategic and tactical.
Barclays Technology Centre India (BTCI)
Award winning customer service through the
use of technology.
USAGE OF IS- Contd..
Special services like
Barclays Cloud IT
adds value
Many payment
innovations driving
customer satisfaction
with the use of
technology
Lowering operating
costs over the last 5
years
Successful deployment and modernization
journey
Business
Requiremen
t
Manageme
nt Integrated
Tooling
Workbench
Desig
n
proce
ss
Build
vs
buy
Proof
of
conce
pt
Legacy
dispositio
n
Testing
and data
migration
Managing
Change
APTEAN: Putting customers first with
respond
Key issues and
challenges at
Barclays
Deployment
approach
Benefits of the
system
Maintaining a competitive position among
larger financial organizations
Customers looking to resolve complaints had
to repeat same information to different
executives
33 independent systems across the company
Poor customer satisfaction
Implementation of business intelligence
systems at 450 location in UK
Mining customer data
CRM implementation with high initial
investment
Access to complaints and feedback
management system
Improvement in UI and operational stability
Immediate recording/escalation of complaints
Enhanced customer satisfaction
Barclays Transform: The Go-To Bank
Banking systems at
Barclays and
integration through
IT
MIS portfolio
includes:
Risk Analysis
Treasury and liquidity
Finance
Procurement
Equity and fixed
income, currencies
Management Strategy
Robust global recovery planning process
in place
Enhance its MIS portfolio to provide
greater transparency and improved
control of information in a cost-efficient
manner for management decision making
To maintain a robust catalog of
management information around risk,
financial, funding and liquidity
Use of MIS in strategic decision making
Security
Security software for online banking users
Mobile banking guarantee system
Pins entry layer of protection
Data encryption, timed logout and
account lock system
Security standards and accreditation
Constant monitoring of suspicious activity