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Innovative Banking: 10 Strategies That Will Impact the Future of Banking

Posted on September 29, 2021March 22, 2024 by Imarticus Learning

The future of Banking will be shaped by huge technological shifts and will undergo a dramatic transformation. The COVID-19 pandemic has redesigned our life in terms of how we work, and even bank, resulting in a significant shift in customer behavior.

With the advancement of digital technologies, today’s consumers have become increasingly demanding of mobile banking. The pandemic has indeed increased the demand for convenient access to financial products, services, and information.

Strategies that will impact the future of banking drastically:

It is obvious that an increase in the number of people using digital banking will result in an increase in cybercrime. The pandemic increased the number of opportunities for cybercriminals, be it through phishing, fraud, credential breaches, etc.cybersecurity threats must continue to use a variety of approaches to keep themselves and their clients secured. A cybersecurity plan, such as the CIS Controls, boosts your entire cybersecurity posture.

Banking customers today expect an easy and straightforward digital banking experience. Prioritizing emerging digital banking technology and attempting to blend digital with the human element, on the other hand, creates a conundrum for smaller financial institutions.While proper technologies and smooth rollouts are critical, effective digital transformation necessitates a strategic understanding of immediate customer demand.
Customer data can be used by your institutions to expose cybersecurity risks such as suspicious activity, but transactional data and robust CRM technologies allow you to make better-educated judgments about cybersecurity.
Producing quality content for your audience is an efficient approach to attract new leads while also giving useful resources that boost engagement with current clients. This is a powerful digital marketing tactic that banks utilize to advertise almost any product or service.
Community banks can outperform others and acquire prominence at the top of search engine results pages by adopting techniques like pay-per-click (PPC) advertising with platforms like Google Ads. Paid search campaigns are effective because they can be tailored to a specific audience based on the exact phrases they are searching for on Google.
Banks are confronting an influx of new competitors in the financial market, including fintechs, BigTech, and even non-financial entities. Banks can use cloud computing to store data and applications and access scalable computer resources on-demand via the internet.
Biometric technology enables financial institutions to strike a balance between security, speed, and convenience in order to provide a hassle-free mobile banking experience. Biometrics are tangible human traits that can be used to confirm a customer’s identification.
Banks can actually listen to their consumers and provide individualized financial services that benefit them through analyzing data. Banks that can consistently provide personalized offerings and individualized experiences for their consumers will undoubtedly win in the future.
Banks can get more customers by giving referral bonuses for referring friends and getting them to sign up.
RPA, artificial intelligence, and machine learning are all technologies that help you reduce expenses, increase efficiency, and process improvement.
Microservices subdivide the entire banking application into separate services that can run independently while collaborating effectively.

A failure in one microservice does not disrupt the work of the others, resulting in improved service reusability and business continuity.

Conclusion

There are many courses available online on this subject. A banking and finance course graduation will ensure lucrative jobs as this sector is always in need of promising individuals. Thus, taking up a Banking and finance course after graduation will prove to be beneficial for young professionals.

Will an MBA Help You Become an Investment Banker?

Posted on September 27, 2021March 22, 2024 by Imarticus Learning

Investment Banking as a Career

The investment banking industry offers one of the most lucrative and rewarding career prospects for individuals aspiring to make a mark in the finance industry. So what’s so lucrative about the job that so many people want to join it?

Well, at first glance, the remuneration certainly seems like the cherry on top and that makes it far more lucrative for those who want to make a fortune for themselves.

Most of the people who aspire to become investment bankers are unaware of the work it takes to survive in this industry, let alone thriving. If you are dedicated and hardworking with good financial acumen and social skills, you will certainly go a long way in this sector.

Those of you who are only charmed by the high-profile deals and monetary benefits and not the work won’t survive in the long run in the investment banking sector. The role of an investment banker is very dynamic and involves overviewing a lot of things.

From networking with your clients and industry experts to researching and conducting complex financial analysis, there’s a lot that you need to do for being a successful investment banker.

It is certainly one of the best choices if you are passionate about finance and investing and won’t mind working 60-70 hours per week. One of the most mainstream questions is how to become an investment banker and will an MBA degree help or not.

Let’s delve deeper into the subject to obtain a comprehensive understanding of the matter.

Will an MBA Degree Help?

So coming to the big question, will an MBA degree help you break into the investment banking industry? Is it worth getting an MBA in investment banking? Well, at first glance, yes, an MBA degree surely improves your chances of getting into the investment banking industry but it’s not a necessity in many cases. If we go deeper into addressing this question, the answer is very subjective and highly varies from person to person.

There are a lot of factors that count when getting into the investment banking segment. First and foremost is your educational background, it has a huge role to play as it helps to establish your foundations. So, let’s take an example, there are two people named A & B. A has always been driven towards business and commerce and has an educational background in the same domain. B, on the other hand, has a technical background and pursued engineering.

Let’s say A pursued an undergraduate program in Business Administration or Commerce. The chances of A getting a job as an investment banker straight after completion of this under graduation program is higher as he is already aware of the basics of investment banking.

Comparing it with B who has a technical background, A will surely beat B if they both are to apply for an investment banking job in most cases.

B can now improve his/her chances of getting a job in an investment banking firm by completing an MBA degree in Finance as it will fill up the knowledge gap, A too can opt for an MBA and improve his chances further for getting a high profile investment banking job.

So, there are two aspects to this whole scenario, first, what type of job are you looking for? Is it an entry-level or a high-profile one? Secondly, what is your educational background? Have you completed any investment banking courses?

So if you are looking for an entry-level job and you have a relevant educational background then you don’t need an MBA degree to break into investment banking. However, if you are looking for a high-profile job then an MBA degree will surely help as it adds more credibility to your profile.

In case you don’t have a relevant academic background and you are looking to switch from a different industry, an MBA degree will surely help your cause. If you are short on time and monetary investment then an investment banking course will help you land a decent job in this industry.

How new-age banking solution geared with AI can help make wise investment decisions

Posted on September 27, 2021March 29, 2024 by Imarticus Learning

Due to the chaos propelled by COVID-19, banks are now required to undertake continuous reinvention of their economic models and solutions with the help of flexible and adaptive technologies, which will not only make them immune to adverse situations but will also increase their profits.

Banks are creating new technology frameworks to distinguish themselves, which include elements such as hybrid multi-cloud, microservices, API platforms, blockchain, intelligent automation, and AI. When coupled with an agile approach to design thinking and organizational integration, these technologies will have a bigger influence.

With better risk reduction and more efficient compliance operations, these new architectures are becoming more secure and compliant. A post-graduate diploma in banking and finance or a certificate course in banking and finance will teach you all these technologies and help you secure a good job in the banking industry.

Banking institutions have always been infamous for amassing massive amounts of user data but failing to spend it wisely. Years have passed since the tech transformation stormed through the banking industry, and these institutions now deal with massive amounts of information that are just ready to be mined.

However, aside from certain fundamental digital capabilities, these solutions do not produce enough, especially from a cognitive standpoint. But a financial revolution is about to take place!

Artificial intelligence is at the forefront of this digital transformation quest as a springboard, providing a facelift for these traditional banking systems through scalability, automation, the convenience of use, risk assessment, and decision-making aid, which can direct to a banking experience customized to every individual’s needs.

Organizations have become increasingly customer-centric as a result of data-driven tactics that leverage the customer experience as a competitive difference. By leveraging a data ecosystem enriched with structured, unstructured, alternate, and internal data, advanced cognitive technologies, and AI will aid in the evolution of the customer experience, providing more unified and personal digital journeys.

Chatbots, cognitive routing, and smart search are examples of AI-powered systems that will enhance customer satisfaction and involvement.

How are new innovations helping people make wiser financial decisions?

Financial institutions are working on providing exceptional customer service through hyper-personalization, which is based on intuitive, self-learning software that enables offers to be updated and added in response to consumer requests. This type of technology adds additional value and creates an altogether new customer experience.

Customer engagement may be improved by employing AI to better understand the customer and take advantage of real-time decision-making and predictive analysis. Product suggestion algorithms, for example, have proven to be effective in providing a personalized experience while increasing revenue.

Product recommendation engines are a type of artificial intelligence (AI) technology that provides recommendations for each user based on a variety of characteristics such as historical behavior, in-session activity, product economics, and the behaviors and preferences of similar users.

Many banks use advanced investment algorithms to improve portfolio management. Banks are targeting deployment in fraud detection and back-office services in their future business plans because digital transformation is an end-to-end process.

An AI prediction system can provide an instant evaluation of a user’s credit risk, allowing customer service agents to provide a suitable offer. This approach improves the efficiency of offers by speeding up the total credit risk evaluation process.

Conclusion:

The banking industry is one of such industries that we will always depend on. We need money and banking as long as we live. The whole banking industry has undergone a huge revolution with the introduction of new technologies.

A post-graduate diploma in banking and finance or a certificate course in banking and finance can help you go a long way in the banking industry. You just need to pick the right course and you’ll be good to go.

How Digital Leaders are looking to implement change in 2021 into Investment Banking Culture?

Posted on September 14, 2021March 29, 2024 by Imarticus Learning

The banking industry has gone through a sea of change in the past one and a half years because of the global pandemic. With each passing day, more and more banking institutions are embracing digital practices and providing better digital experiences to their customers.

In order to work efficiently, it is important for digital leaders to maneuver the obstacles that they might have to face. Providing proper leadership and guidance is the most important role in today’s time. A certificate in investment banking can help you progress in investment banking training and get you investment banking jobs.

Who are digital leaders?

Digital leaders are the ones who are capable of functioning and running businesses using new-age technology. Digital leaders use the digital assets of their companies to meet business goals. They find out and implement innovative techniques and change the response of their business towards the challenges that they face using technology.

Digital leaders of the present era must maneuver the changes in behavior, economics, and society that Digital, Mobile, Social Networks, and Big Data have brought about. They should rethink the future and create new business models while also managing change. Finally, this has the potential to alter a company and lead to a successful digital strategy.

Realizing the key to converting such basic transformations into business impacts at the industry, organizational, and individual levels is the essence of successful leadership. While achieving personal and professional success in this endeavor necessitates adopting totally new languages, attitudes, and mindsets to aid in the transition into new Digital Environments.

How digitalization helps investment banking?

Digitalization is inevitable in investment banking. To begin with, big data analytics has been critical for all sectors of the banking business. To gather insights, many FinTechs bases their operations and solutions on big data analysis. Assessing the outcome of investment decisions is important by assessing both structured and unstructured data. FinTech solutions are attaining unquestionable prominence.

They can demonstrate their worth in a variety of ways throughout the investment banking and customer journey. Users’ emphasis has shifted to personal investment transactions as data availability and utilization have expanded. Banks are taking advantage of this by providing ongoing financial advice through chatbot advisors.

These advisors quickly evaluate individualized big data and recommend the best investment decision. Chatbots are very important in investment banking. They may include responses to users’ capital-markets-related questions as well as customer-service-related ones. As a result, both the customer experience and investment decisions are improved on their own. With the support of AI, the foundation of digitalization, this also increases efficiency and curtails costs.

How Digital Leaders can help drive investment banking today?

Hedge funding is an important aspect of investment banking. Hedge funds are active investor-run pools whose managers employ a broad variety of tactics, much-involving money borrowed and specialized assets trading, in an effort to improve their customers’ average return on investments.

Hedge funding is used as leverage to make big investment decisions and protect those investment decisions related to those investments. Investment bankers are specialists who look after hedge funding.

A digital leader can help in hedge funding by Algo-trading. Algo-trading is a means of carrying out the process of hedge funding through machine learning, Big Data, and AI.

A new-age digital leader knows how to build a system by which hedge funds can be managed automatically with the help of algorithms, bots, and High-Frequency Trading.

Conclusion

A career in investment banking is an extremely lucrative option in today’s time as there are many investment banking jobs.

You can get ahead in this field if you have a certificate in investment banking. In case you want to pursue a career in investment banking, a specialization course is a suitable starting point. These courses could fetch you a good number of job opportunities in the future.

Trade Finance Methods & Types Explained in Detail

Posted on September 14, 2021March 29, 2024 by Imarticus Learning

Trade Finance Methods & Types Explained in Detail

Trading finance is basically the funding of financial assistance that is provided to businesses worldwide by the means of financial tools. International trade finance in itself is like an umbrella, under which a variety of financial products exist. All of them are structured to ease up how a business is executed for traders globally. As with all wings of business, trade finance has also gone through a series of upheavals because of the crisis faced by the world.

The end result is disruption of costs, increased rules and regulations on both exports and imports not just globally but also domestically. This is why a career in finance has always been sought after in this country.

The only way to do it is to get enrolled in banking courses in India after graduation. Imarticus Learning provides a solid solution for it in the form of their PG program.

Coming back to trade finance, managing supply chain and suppliers is one of the most important things to trade finance. The reason is most of the trading around the world happens as a result of a merging of both pre-export and post-export finance tools. There are a few types of trade finance that need to be addressed here. Such as:

Advance payment

It is basically a pre-export type of trade finance that requires full payment from the importer even before the items are delivered. It, unfortunately, runs the risk of undelivered items on the buyer’s side and credit risk on the supplier’s side.

Business loans

Business loans or working capital loans are funded by banks or funding organizations. They are basically used to afford the upfront short-term costs of a business. From raw materials to labor costs, these things are funded through a business loan. They are short-term loans and company assets are kept as a warranty of repayment.

Letter of credit

It is easy to use and mostly available in current accounts of businesses. It permits a business to overdraw with terms and conditions applied by the funder. It is simple and flexible to use, however, credit lines do get extended because of it. The only thing to worry about is making sure that the company does not get charged with a peak interest rate.

Factoring in invoice

It is a post-export type of trade finance that depends on receivables. It is used to free up working capital by using invoices to optimize a balance sheet. It ensures about 80% immediate payment and depends on short-term receivables. The buyer pays the funder, the supplier receives. Then they receive the remaining balance provided by the funder after the discount is deducted.

Forfaiting

It is also based on receivables and the way to distinguish it from factoring is by the time period of the financing. Basically, a virtual deduction of risks takes place by the supplier after the buyer receives the items. The receivables are supported by the buyer’s funder, permitting the buyer to withdraw the exchange from the balance sheet. Which in turn, backs up the financial ratios.

Conclusion

Trade financing can be used as a tool to lessen the risk factor that comes with a trading business. The only way to do it is with proper finance tools, which need a proper skillset. Enrolling in banking courses in India after graduation would be a good idea if you want to get into financing. A lot of institutes offer PG degrees in finance in India, such as Imarticus Learning’s PG program.

The Ultimate Guide to Investment Banking: Building a Career in an Explosive Industry

Posted on September 10, 2021March 22, 2024 by Imarticus Learning

Investment banking is a booming industry that provides opportunities for career growth and riches. As an investment banker, you can help companies grow through mergers and acquisitions or by issuing bonds to raise capital. This blog post will give you insider information on how to get started in this exciting field!

What is Investment Banking Operations?

Investment Banking is the process of raising capital for private and public companies and government entities. Investment bankers are responsible for identifying potential funding sources for their clients, which include issuing securities such as stocks and bonds.

They also work with financial institutions to create favorable conditions that result in a successful business transaction or investment opportunity.

Investment banking is a highly competitive career, and it’s not for everyone. However, those who are up to the challenge will find that investment banks offer great potential rewards in an industry with excellent training opportunities and high salaries.

Becoming an Investment Banker:

Like many professions within finance, there’s some debate over what education you need to become successful as an investment banker. A bachelor’s degree in any major from a top school should be sufficient if you’re looking at junior-level positions or analyst roles.

Still, because of the intense competition surrounding senior-level jobs in this field, most companies require applicants to have earned their MBA before joining those programs. That said, having business experience can help set yourself apart.

Investment bankers are the financial advisors to corporations and governments. They help their clients raise money. This includes issuing stock, floating a bond, negotiating the acquisition of a rival company, or arranging the sale of the company itself.

How to Align Education for a Career in Investment Banking Operations Industry?

If you wonder, what course to do for investment banking, here are your options:

CFA

A Chartered Financial Analyst (CFA) degree course can help you get into the IB industry. CFAs are preferred due to their knowledge in management consulting, hedge funds, mutual funds, insurance, etc.

CA

Another preferred education requirement is a Chartered Accountant (CA) degree. CAS is shifting industry as it pays excellently for the skills they possess. Their acumen in finance is another reason which makes them fit well into the Investment Banking operations industry.

GRADUATION

The essential education requirement for entry-level jobs in IB is a graduate degree in any discipline. If you have good experience, knowledge & wish to be an Investment Banker, you can look for a post-graduation program.

MBA (FINANCE)

To become an Investment Bankers, you can choose MBA Finance as the top course over other profiles. MBA Finance courses guide students and train them for IB domain including finance, accounting, business acumen, marketing, financial analysis, management consulting & accounting knowledge. Also, candidates can take up investment banking operations courses or learn investment banking online through various available programs.

Frame a Career with Imarticus Learning:

To fast-track into an investment banking operations career, you can rely on courses offered by Imarticus Learning. The system is best-fit for learners with under three years of experience.

Partnering with the London Stock Exchange, this course fully equips students with skill-sets required to begin a career in the IB industry.

Upon completing the CIBOP course, students receive an industry-recognized, internationally accredited Certificate of Excellence, another boost to the resume!

For more details, contact us through the Live Chat Support system or visit our training centers in Mumbai, Thane, Pune, Chennai, Bengaluru, Hyderabad, Delhi, and Gurgaon.

Gain Expert Insights & Discover Bespoke Solutions for your Investment Banking Operations Needs

Posted on September 9, 2021March 22, 2024 by Imarticus Learning

The global investment banking industry is experiencing a boom, which means that the demand for skilled professionals has never been higher. Investment banking is a fast-paced, demanding job where you’ll be working with highly knowledgeable individuals. You will need to have the right skills and knowledge of the industry to succeed in this field, making it an excellent career choice for anyone who wants to work in finance.

With so many new opportunities opening up every year, now is the perfect time to start building your professional network and getting ahead on your plans for a successful career.

This blog post will provide you with insights into gaining expert knowledge to land your dream job as an investment banker!

Why Should Investment Banking be your Career Choice?

The investment banking industry has seen a boom in the last decade. The world is moving towards digitization, and so are all industries along with it. Investment banks deal in stocks, bonds on both the macroeconomic level of the country and the microeconomic level of a company. All transactions between two companies or even countries need an intermediary to ensure a smooth process that ensures better growth for the economy and trade relations between countries/companies etc.

This role can be fulfilled by only an investment bank with proper research resources for analysis at its disposal. They use these insights to advise clients accordingly, ensuring the best decisions leading to maximum returns from the said transaction(s). This ever-growing demand for executives within this field has led many professionals across various sectors to change careers and join investment banks.

This is the perfect time for you to grab this opportunity as an Investment Banker, especially with so many openings in various fields like equity research analyst, corporate finance associate, or mergers & acquisitions banker, etc. While working your way up through each hierarchy of different job profiles, there is no dearth of opportunities waiting for you.

Key Skills required for Investment Banking Job

Analytical skills: A banking job requires a lot of number crunching. You need to make sense out of volumes and tonnes of data, analyze it within no time, sift through important information and facts from the irrelevant ones ensuring that you provide actionable insights.

Communication skills: Investment banking professionals are required to write reports for their clients in order to provide them with valuable insights and help them in decision-making.

Attention to details: Investment banking requires a lot of focus on minute and important tasks because the smallest error can lead to millions of dollars in losses for your company.

Networking: Investment banking is all about building relationships, you can have the best ideas, but if you don’t know who to sell it to or introduce your client’s needs and services into the system, then no one will ever come across them. It’s all about knowing who to talk to and how.

Problem-solving skills: Investment banking professionals are expected to have good problem-solving skills as they need them regularly to produce accurate reports, analyze data, assess client requirements, etc.

Start a Lucrative Investment Banking with Imarticus Learning

Imarticus Learning Institute offers an investment banking course that imparts knowledge, skills & techniques which are necessary to succeed in today’s competitive financial world. This comprehensive training program is designed by industry experts who have years of experience and exposure in the field.

If you’re looking forward to jumping start your investment banking careers with exciting job opportunities, then Imarticus Learning’s course is your best place to start!

For more insight, connect with us through the Live Chat Support system or visit any of our training centers based in – Chennai, Mumbai, Thane, Pune, Bengaluru, Hyderabad, Delhi, and Gurgaon.

An Extended Insight of Investment Opportunities in the Shipping Sector!

Posted on September 4, 2021March 22, 2024 by Imarticus Learning

The strategic position of India by the world’s largest sea route in the Indian Ocean emphasizes the significance of its shipping sector, which accounts for 95 percent of India’s global trade value.

For India, increasing investments to $81 billion, port and harbor construction projects are a top priority. Under an automatic pathway, foreign investment is permitted up to 100 percent in harbor construction projects

India’s shipping sector is a vital component in the country’s economic growth, both by value and volume. According to data from the Department of Ports, Shipping, and Waterways (MoPSW), maritime transportation channels account for around 95% of India’s global trade volume and 70% of overall trade worth. As of April 2020, India had a fleet of 1431 vessels.

Investment opportunities in the Indian shipping industry

With a focus on indigenous developing, maintaining, and operating ports, inland waterways, and shipbuilding, India has streamlined and expanded the scope of investments in the maritime sector.

Port and harbor projects are eligible for up to 100% foreign direct investment (FDI) under the automatic route in India. Indian ports have attracted a cumulative FDI total of INR 122 billion during the previous two decades (US$1.64 billion).

More than 574 new projects relating to the development of Sagarmala have been identified for implementation by 2035, and an investment of INR 6 trillion (US$81 billion) is being sought, both from the public and private sectors, in areas such as port modernization and new port development, port connectivity improvement, and port-linked industrialization.

As of September 30, 2019, a total of 121 projects at a cost of INR 302.28 billion (US$4 billion) have been completed, and 201 projects at a cost of INR 3.09 trillion (US$42 billion) are in progress.

The use of clean/renewable energy sources, as well as the improvement of associated infrastructure for trade and tourism, are also priorities in this sector.

In March 2021, India announced 400 new projects in the maritime sector with an investment potential of INR 2.25 trillion (US$30 billion) for developing its coast. India has also published a 10-year strategic vision for the maritime sector, “Vision India 2030,” which sets out its goals for the development of the industry.

Leverage the Growing Opportunity

Every industry needs cutting-edge professionals to bear the right fruits. The shipping industry is no different. With the right knowledge of investment banking and asset management, you can become a sought-after professional in this field.

Want to Learn Investment Banking and Asset Management?

Join Imarticus’ hosted MBA program in Investment banking and equity research in association with JAIN University.

Be industry prepared and secure your career with Imarticus learning today!

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What are the Features & Benefits of Security Lending & Borrowing?

Posted on September 3, 2021March 22, 2024 by Imarticus Learning

Securities Lending and Borrowing is a system that allows investors to borrow and lend shares to other market players. For many reasons, the platform is a potential alternative to the derivatives market. Short-sellers are the most common SLB borrowers. On the other hand, Lenders are investors who purchased shares for the long term and have them sitting dormant in their demat accounts.

In most jurisdictions, securities lending and borrowing is an OTC (over-the-counter) commodity where custodians allow borrowing and lending transactions between institutions. SLB, on the other hand, is an exchange-traded product in India.

SLB Features

Clearing Corporations guarantee transactions in the SLB section and hence do not include any counter-party risk.
Contracts with durations ranging from one month to twelve months are available.
Turnover fees from the STT and SEBI are not applicable.
The market value of the equities determines the loan amount pledged as security.
This SLB allows retail and institutional investors to lend and borrow assets.
The securities can be lent by investors who have Ideal Shares in their demat account.
This approach allows investors or traders who have short-sold stocks to borrow the securities.
National Securities Clearing Corporation Limited ensures that stocks are delivered after the rental period has ended. As a result, there is no chance of the stock being lost.
When the borrower returns the stock, any dividends, stock splits, or bonus shares are paid to the lender of the securities.

Benefits

Both the lender and the borrower benefit from SLB.

For Lender

SLB delivers an extra return on an idle portfolio for Lenders. So, if you have 1000 shares of xyz that you intend to own for a long time, you can lend them out anytime there is a demand. Where NSCCL is the guarantor, the lender receives loan fees.

The potential to make additional money through the fee charged to the borrower to borrow the security is one of the benefits of securities lending from the lender’s perspective. It could also be considered as a way to broaden one’s horizons.

For Borrower

From the borrower’s perspective, it permits them to engage in activities such as short selling. It also provides investors with more perspectives on the market. As previously said, it aids in the increase of liquidity in the market as a whole. As the difference between the bid and the ask narrows, increased market liquidity tends to tighten spreads, which is favorable to all market players.

A borrower is most likely interested in one of the following opportunities: stock price between two exchanges, reverse arbitrage when futures are at a discount to stock, covering short positions to avoid settlement failure, mispricing in options, and other hedging strategies, SLB could be used to borrow stocks from a lender for a fee.

Become an Investment Advisor

Investment advisors provide advice on a wide range of trade finance topics, including retirement planning, insurance alternatives, and investment techniques. To work as an investment advisor in India, you’ll need a degree in finance or banking as well as a SEBI certificate of registration.

MBA program by Imarticus

A diploma in banking and finance is Designed Specifically for Future Investors. Your ultimate doorway to New Age Investment Banking and Finance.

Imarticus collaborated with the acclaimed JAIN Online to improve its rigorous diploma in banking and finance, covering every paradigm of New Age Banking Operations

The program is designed to give you in-depth exposure to essential parts of the trade finance Investment Banking sector,

Such as Master Accounting, Financial Analysis, Principles of Economics and Markets, Investment Banking Operations, and more.

5 Ways IT Industry Changed How Banking Looks !

Posted on September 1, 2021April 25, 2024 by Imarticus Learning

In the modern world of technology and finance, it is hard to imagine how a banking system would function without computers. As far back as 1982, banks were using ATMs for customers to withdraw money from their accounts. These days, they are also using credit cards with smart chips that contain information about the cardholder stored on them, making transactions easier.

Computers have made other aspects of banking more efficient, such as wire transfers between countries to make payments and international trade easier. The evolution of IT in the industry has changed how banking looks in many ways over time – here are five fundamental changes you should know about!

Banks are starting to offer more digital-only services because of the rise in mobile banking

In mobile banking, mobile devices are used to transfer money and keep track of financials. Mobile banking has allowed people to save time and do their transactions on the go instead of waiting in long queues at a bank or ATM. Digital mobile transactions can be traced more accurately and taken care of with ease because it is calculative and displayed in an accessible format.

Cashiers don’t have to work as much and can focus on other tasks like customer service.

Due to the digital transformation in banking, cashiers at the bank who used to spend long hours calculating transactions may now devote more attention to customers.

Online banking is becoming increasingly popular, with many consumers using it instead of going into a bank branch.

At the pandemic, where the importance is to focus on the safety of individuals more, online banking sees a surge. Online banking avoids the unnecessary crowd in the bank and makes life easy for the customer and bankers. After digital transformation, it notices to drop footfall in the banks. Consumers prefer online banking for daily baking like money transfer, checkbook issue, KYC update, opening an account, etc.

ATMs are now commonplace at most major retailers, making them an easy way for customers to access their money without having to go inside a bank

No longer do customers need to go inside a bank and access their money through an ATM. These ATMs have become commonplace at major retailers, making it easy for us to get our hands on cash whenever we want!

Mobile apps that allow you to deposit checks or pay bills electronically are becoming increasingly popular among customers who want all the convenience they can get without ever leaving their couch!

Mobile banking applications are a great way to do your financial transactions from the comfort of home. They allow you to deposit checks and pay bills electronically while saving time!

The banking and finance industry has transformed drastically, and it keeps changing. If you want to make your career in banking and finance, you should have a professional degree to pursue a successful career in the banking industry.

Imarticus learning offers PGDM in banking and finance. You can explore the details of the course by visiting their website.

Conclusion: The IT industry is changing fast, and banks are adapting to these changes. Banks can offer more services with less staff by leveraging technology.

But they still need banking professionals who understand the complexities of financial transactions and regulations that govern them-thus; you should consider a career in banking or finance if you want to stay on top of this ever-changing field.

If you’re looking for an education type that will equip you with both technical skills and practical knowledge, then PGDM in Banking & Finance might be right up your alley! Apply now and be a banking professional.