Management Development Programme on Operational Risk Management

by Zenobia Sethna
 
Imarticus Learning held an exclusive Management Development Programme on Operational Risk Management in Mumbai on 21st and 22nd January, 2016 for senior management in Operational Risk.

This risk management course delivered an intensive, methodical and practical understanding of operational risk management in financial institutions.  At the end of the workshop, participants were equipped with world-class knowledge to develop and implement end to end global best practices, frameworks and platforms in operational risk management.

The Key Topics that were covered were:

  • Designing and implementing an effective operational risk management platform
  • Executing an operational risk assessment and measurement program
  • Capturing, reporting and investigating operational risk events
  • Producing meaningful Risk MI including KRI data and trend analysis
  • Implementing operational risk appetite
  • Best practice models and methodologies for operational risk management

The Case Studies covered in the Workshop were:

  1. A leading full service commercial and investment bank headquartered in Asia
  2. A major German bank with significant presence in Asia
  3. A major global futures exchange based out of Asia

Participants comprised a diverse mix of senior management from leading banks and financial institutions including Cognizant, Yes Bank, ICICI Bank, Deutsche Bank, HSBC, and Reliance Capital.
About the Speaker: Dr. Chakravarty’s global reputation and experience in risk trainer-profile-minmanagement and Risk control spans over 22 years and senior leadership positions in top tier international banking and financial institutions across wall street, Europe and Asia. A specialist in risk management at Bankers Trust New York (now Deutsche Bank), Bank Boston (now Bank of America Merrill Lynch) and GE Capital in the US, he was an early developer of stress testing and scenario analysis methodologies and one of the investment banking industry’s first implementers of RAROC.

Stay tuned to know more about the upcoming MDP workshops by Imarticus.

Why is Python of Paramount Importance in Data Analytics?

Why is Python of Paramount Importance in Data Analytics?

Python is a programming language that has become the de facto standard for many data analysts, programmers, and scientists. One of Python’s benefits over other languages like Java or C++ is how it allows developers to code much faster than they could in those more mature frameworks since there are fewer syntactical restrictions on what you can do with objects and variables moreover, as we move towards ‘big data analytics – where large amounts of information need to be analyzed quickly – this increased productivity.

In this article, we will discuss how Python is an essential and popular tool for data science.

The program started with a demonstration of the latest AI that analyzes pictures to identify their contents by automatically assigning them tags such as “walking dog” or “standing person.”

Python for Data Science

Python has been an increasingly popular language for data science because it is easy to use and free. The Python programming environment, called IDLE or Idle-python, even comes with a small editor that provides syntax highlighting, making coding easier and more fun – perfect for people who are just starting!

It also includes many libraries such as NumPy, SciPy, Matplotlib (among others), which make working on scientific projects much simpler than if you had to do all the work yourself from scratch in another type of language like C++ or Java. If you want to learn how this powerful tool can help your future career prospects, then check out our data science course.

How to get certified in python?

You can become a professional developer in the fast-growing python programming language with certification. Python is an open-source, high-level programming language that enables you to quickly and easily solve complex problems.

This certificate program will teach students about object-oriented design principles and how they are applied in practice through hands-on exercises using actual code samples of real-world applications written by industry professionals.

The course covers data structures, algorithms, functional decomposition concepts (including recursion), and file handling techniques for various types of files, including binary formats like PDFs or encrypted ZIP archives. They apply to any application that includes many domains, from bioinformatics research right up to web development. Upon completion, participants should be able to make informed decisions when evaluating new projects.

 

To get more information about Python certifications please visit Imarticus Learning.   

Python programming course in Data ScienceImarticus Learning is a leading technology-driven institute that gives accredited certifications in data science with the collaboration of KPMG.

Conclusion: Python is a simple programming language that has many uses in data analytics. It can be used to process and analyze large sets of data and create visualizations for those datasets.

This article explores the importance of Python in Data Analytics and explains how it’s helpful across industries from finance to science research, entertainment marketing, and more! Do you use Python?  What do you think about this post on its usefulness? Please share your thoughts with us below, or contact our experts at Enquire Now to help answer any questions.

 

How Small Finance Banks Are Paving A Path To New Age Banking in 2021?

The year 2021 is mid-way, and the digitalization of banking is the reality. The new generation of banks is not restricted to bricks-and-mortar but can be accessed online on mobile apps. Small finance banks have been able to make their mark in this world with innovative products and services that cater to all segments of society.

The banking industry is undergoing a significant shift. Changes in technology, customer preferences, and regulatory changes drive the need for small finance banks to invest heavily into new-age banking solutions. Small finance banks have emerged as an alternative to traditional large-scale financial institutions in India and other emerging economies with low economic development.

 

Some Fintech and Banking Trends that can help Small Finance Banks in 2021:

Digitalization

Most employees rely on digital means to accomplish tasks assigned. Organizations must-have digital tools in place to access the files. When physical documents are converted into digital format, maintaining a high level of accuracy is essential. Any compromise on data integrity can hamper data. When taken into account, all this means small finance banks must keep documents and files safe within a secure infrastructure to make them available through easy-to-use web-based API tools.

Banking partnerships

The pandemic has been challenging for everyone. Financial organizations have suffered equally. This has brought together a bunch of traditional financial institutions together as fintech start-ups. The goal is to remain competitive & roll out new services successfully. This way, fintech developers will play a pivotal role in helping small finance banks to benefit quickly.

Artificial Intelligence

As far as small finance banks are concerned, vast implementation of AI has been witnessed. Banks must incorporate AI in every operation. By virtue of AI, operational expenses can reduce drastically over the years. AI outlines its role in the form of chatbots. Addressing consumer queries, fraud prevalent tools to verify the authenticity of KYC documents, & other advanced functionalities are now easier than ever before. AI gives the way to improve accuracy & personalization.

E-commerce

The past few years have seen massive reliance on the e-commerce sector. It is possible that upcoming years would see phenomenal growth in e-commerce. Despite the pandemic, people are considering online shopping as an alternative. It is an opportunity & advantage for banks as many transactions happen online, generating income for them.

Digital banking

With digital banking, people are now accessing a wide range of personal financial information & executing essential tasks. Advancements need to be made in AI, biometrics, open banking, & cybersecurity. Thus, small finance banks must anticipate more people welcoming digital banking in 2021.

best fintech courses in IndiaWith the above-stated facts, the Career options after the banking course are immense. A Certificate course in banking and finance can help aspirants build a career in Fintech.

Learn and Grow with Imarticus Learning:

Imarticus Learning offers many programs that prepare students for banking and finance management with assured placement. The Postgraduate diploma in New-age banking and finance is a program with a unique curriculum and parallel learning path. Ideal for professionals looking to upgrade their career in BFSI, the exceptional approach of this program redefines industry knowledge & effectively compounds occupational abilities.

The certificate course in banking and finance includes an overview of financial accounting, strategic management, business law, marketing, communications, information systems, HR & much more. Enrol today to build a successful career in Fintech and banking!

For further details on business analytics courses in India, contact us through the Live Chat Support system or visit our training centers in Mumbai, Thane, Pune, Chennai, Bengaluru, Hyderabad, Delhi, Gurgaon, and Ahmedabad.

Why Do Banks and Fintech Startups Can’t Do Without Each Other?

There is no doubt in the fact that the financial tech industry has changed quite a lot in the past few years. This industry is attracting plenty of investors and companies who are into it, as well as employers. There is also no doubt in such technological advancements leading to more profits for banks, startups, and other institutions which are related to finance and technology.

But what about those changes? They have helped numerous financial institutions get more customers and make better revenues by adopting best practices. But best practices aren’t enough to sustain growth; the best people are needed for that purpose and best practices.

So, how do we make sure that the best people join our company? The answer lies in learning the best fintech courses.

The Shift in Trend

Earlier integrations between banks and fintech startups have taken place on the backend, but new-age monetary ventures are also about the innovation of frontend companies which opens up collaboration opportunities. Experts are now emphasizing matters ranging from new-age financial innovations to challenges faced by startups.

These key industry professionals believe that the financial technology ecosystem is causing market expansion and altering tradition at banks.

Career Scope in Fintech

Several tech-savvy individuals, who are gaining expertise in the best fintech courses, have started working for banks as well. It has become possible through the emergence of digital giants and small startups that are helping banks align their business models with changing trends.

 

Fintech is the Future

Even if more details about prospects of best fintech opportunities in emerging companies won’t be available initially, there’s enough to go around for both these low-cost businesses and highly trusted brands. It is only a matter of time till someone figures out how best to make use of this phenomenon – may it be the person managing finances at your local bank or someone else signing up for the best fintech courses in India.

The best thing that’s about fintech companies is that they have no desire to target big banks because there’s enough work in helping those smaller businesses already on board consolidate their financial data into a single location so they could utilize it better without dealing with too much paperwork or excessive costs.

How to Get in One of the Best Fintech Courses in India?

If you wish to get into one of the best fintech courses in India, Imarticus Learning is here to help you with its glorious track record. You can learn more about the best Fintech startups and how they are going to change the financial future by visiting the website for this service or checking out some best fintech blog posts.

Imarticus has collaborated with the prestigious JAIN Online to further enhance their robust MBA In FinTech program, thereby covering every paradigm of cutting-edge New Age FinTech solutions. The curriculum is designed to provide you with in-depth exposure to key elements of the FinTech domain.

best Fintech courses in IndiaThis one-of-a-kind FinTech MBA program covers every critical aspect of FinTech via hands-on training with prominent technologies such as API, Blockchain, Cloud Computing, AI, Machine Learning, RPA, IoT, and Big Data.

The immersive FinTech learning experience enables you to apply what you learn when dealing with real business scenarios and problems.

If you are looking to skyrocket your FinTech career prospects by transforming into a FinTech expert, your search ends here, and a spectacular FinTech learning journey begins.

Good luck!