Thursday, 16 August 2018

Infographics: 6 Steps to Effective Change Management

There are two significant kinds of organisational change; change imposed by circumstances and change that is planned and adapted for improvement and growth. It applies to individuals and large-scale enterprise organisations.
Change management systems are designed to help businesses plan for the change. In the following infographics, we discuss the steps to effective change management implementation in the organisation.
The information as is as follows:

Article Source :

Infographics: What is Blockchain?

From the many complex definitions, one can derive a simple explanation of the term.
To put purely, Blockchain is a technology that records, manages and confirms transactions, where all the participants connected to the transactions hold the entire record of it, through peer-to-peer verification of transactions, as opposed to a centralised platform, where information needed to be passed over to any if required. Here, there is no central recording, but each participant has the info. Bitcoin operates this system, minus any central body.
Now imagine, all the complexities involved in global transactions, communication across channels and intermediaries, contracts and agreements and analysis of the same, cross-referencing and transfers if any, confirming authenticity and identity and conducting all this along with managing the security. All these activities and checkpoints would keep loads of people, like accountants, lawyers and admin staff, busy for innumerable hours.
With the introduction of Blockchain, the maze of such communication and staff would be non-existent, at least in theory, as all the documentation mentioned above would be automatically recorded and verified and accessed by all participants over the same secured platform. The bureaucracy will be eliminated. Everything will be streamlined and united on one big database.
The blockchain is a complex set of computers, which authenticates, that a transaction has been taken place, before recording it on a ‘chain’ of computer codes. The beauty is that the details of the transactions are recorded on a ledger that can be viewed by anyone who is on the network.
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Wednesday, 24 May 2017

Webinar on Text Analytics by DXC Technology

It is great to know that internet can create so much raw data, rather quantitative data from ordinary everyday online conversations, when noticed can give us an idea about the products and services.

For businesses, the random conversations could give a lot of information. But it can be challenging to translate the qualitative data into something more quantitative as that is the language spoken by the enterprise. Making sense of this data manually is not possible or viable and this is where text Analytics comes into the picture.

In other words text analytics is a process of making meaning out of written communication, it means examining what was written. Finding patterns and topics of interest and then take probable decisions. Since it is established that manual analytics of this data is an inefficient process, text analytics software’s have been created that uses text mining and natural language processing algorithms (NLP) to search meaning in the huge amount of text data.

Emails, blogs, feedback, reviews, tweets, survey reports, any form of written feedback, all of it holds insight into public/customer feelings. It’s a wealth of information that is recorded and can easily be transformed into text. Text analytics is the key in unlocking the treasure that this information can offer. Decoding this information can help an organisation to understand patterns and themes so that the customer’s expectations and needs are clear and gives time to organisations to handle a situation and make better decisions.

Text analytics software can also help provide early warning signs about what the customers emotions are, if they are planning to go to the competitors, or if there is a complain that the customers are facing.

Text analytics can give numerical values to words, sentences or phrases from the unstructured data. Numerical data can be further linked with structured data using data mining techniques. Because text analytics is still in the infancy stage, depth analysis varies from vendor to vendor.

Imarticus with collaboration with DXC Technology is initiating a webinar on further understanding the scope of Text Analytics.

DXC Technologies assists companies to connect with innovation and change. It is a leading end-to-end IT services company, uniquely positioned to lead digital transformation thus creating value for partners and shareholders.

The webinar is focused on
1.       Explosion of textual data
2.       Need for text mining using popular case studies
3.       Current challenges and ways to overcome
4.       Encoding the case studies tackled by DXC Technologies
5.       Advantages in decision making for organisations

The webinar will be facilitated by data scientists and the leadership of DXC Technologies, collectively coming together with over 50 years of experience in Research and Analytics, specifically in the areas of Text mining, Machine Learning, Natural Language Processing and more.
You don’t have to be a statistician to use these tools, Text Analytics encourages learning and using new forms of data, irrespective of your skills. It just demands time to understand the application to the business. It’s great to know that the text analytics industry is full of opportunities, hence be there to take advantage of the webinar! So be there, May 30th 6-7pm.

There are multiple ways to enhance customer experience, specially as the online interactions become more sophisticated it will require better tools to analyse and understand what it means. It won’t just be random banter, the words have meaning and without text analytics companies will not be able to read the sentiment, or read between the lines.

Thursday, 27 April 2017

Rising Need of Financial Planners

The roles and functions of financial planners are frequently neither comprehended nor acknowledged. A financial planner is basically a qualified Investment professional, who does the job of assisting both individuals as well as large corporations, in meeting their financial goals.  These professionals are supposedly experts when it comes to tax planning, asset allocation, risk management, retirement, estate planning and so on. Many of the financialplanning professionals are officially registered through various institutes like the Registered Financial Planner Institute and so on.
These professionals are quite important, especially when it comes to functions in the world of corporate finance. To start with, money related counsel is not just about item proposal or unimportant monetary arranging. Somebody who offers names of stocks and subsidies to put resources into is not offering monetary exhortation. Somebody who examines your own accounts and thinks of counsel about your budgetary objectives is not offering monetary advice. A money related guide is one who can unite your necessities and objectives, and the items that address those issues.

Second, budgetary exhortation is a specific calling. A speculation supervisor can take a gander at stocks, bonds and other venture items and make a portfolio, which he audits and oversees. Be that as it may, this portfolio can just offer relative re swings contrasted with a benchmark. An administrator has shown improvement over his benchmark subsequent to taking into account costs.

 However, a financial specialist can't live by relative returns. It is insufficient to meet his objectives. A financial specialist who needs cash for his tyke's training will be overwhelmed if the value markets crash and dissolve the estimation of his corpus. It is the financial planner who will recognize that being in value of an objective is hazardous, and guidance a benefit assignment that ensures the cash. Speculators require total returns, and just monetary guides can convey that command.

While financial planners are definitely very important in the sphere of corporate finance, they garner equal important for the layman as well. We live in the 21st century today and our wants and needs are like a bottomless pit. With the advancement of technology, we seem to be ushering in great changes.

Changes in lifestyles, changes in financial markets, life expectancy and so on. Our goals no longer feel like the goals of our grandparents, who lived a life in simpler times. Today everything has a price and literally nothing does come cheap ever. While yes we all earn way more and the per capita income of every country, worldwide is definitely rising. But with this also comes the important issue of money management.

This is why many people today seek out these monetary experts, who can help them sort out their financial issues and put them in proper order. Where a financial planner could be a professional with a formal education in the field of finance, or could also be trained through professional training courses. There are many professional training institutes in India that offer a number of programs in the field of Finance and Analytics like Imarticus Learning. 

Friday, 24 February 2017

Imarticus Global Fintech Symposium

Imarticus Learning teams up with leading Global FinTech players to bring to you a first-of-its-kind Global FinTech Symposium. FinTech, or simply put, Financial Technology, is an industry composed of start-ups and established companies trying to replace or disrupt traditional financial processes with the use of technology.
This is an upcoming industry and has the potential to impact every single person and therefore makes it one of the fastest growing areas for venture capitalists. We welcome you to join this FinTech consortium where our panelists from global organizations will share their journey and experience on what it takes to excel in the world of FinTech.
 4:00pm – Introduction to the Imarticus Global Fintech Symposium
 4:10pm – Introduction to the 4 panelists and a short opening remark from each
 4:30pm – Discussion 1: The rise of Fintech in the Indian context
 4:40pm – Discussion 2: Global Fintech – Leveraging their experiences
 4:50pm - Discussion 3: Trends in Fintech – will they disrupt traditional financial services?
 5:00pm - Discussion 4: Fintech startups – a buzz or a reality?
 5:15pm – Questions for the panelists

Managing Risks in Commercial and Retail Banking: Review

When it comes to retail banking, this book by Amalendu Ghosh is cited as one among the top 10 important books. This book is believed by experts to take an in-depth, as well as logical look at dealing with every single aspect of risk management, which forms a part of the banking sector. By providing the reader with an ample number of case studies and real life examples, this book attempts to simplify all the complex processes and present them for the reader’s benefit.

The author, Amalendu Ghosh, occupied the post of Chief of the Department of Banking Supervision of The Reserve Bank of India, where he is believed to have served for about 36 years. He is well renowned as an expert in the supervision of banks and has been intimately involved in the implementation of the new Basel Capital Accord. His proximity to the world of commercial and retail banking makes him one of the experts on the topic, especially when it comes to the risk management aspect. He has also released a manual for conducting of bank supervision, especially that which is required in the switch related to risk based bank supervision system.

He has had an enriching experience at his post of riskmanagement consultant, to around two commercial banks, which intermittently make him the candidate, who is more than qualified for writing this book. This book, which seems to be right in the quintessential corner of Ghosh, was published by John Wiley who happens to be one of the oldest publishers of USA and is acclaimed for publishing a number of renowned titles under risk management, financial engineering, valuation, financial instrument analysis, among which Ghosh’s book seems to be a valuable contribution.

Divided into about seven parts, this book essentially deals with the number of risk management approaches and systems. These are namely, credit risk management, market risk management, operational risk management, risk based internal audit, corporate governance and all the lessons that could be derived from the South-East-Asian and American Financial Crises. Beginning with the first part, it deals with a thorough analysis of what all constitutes a risk. The topics covered here would be types of risks and the various models on how each bank is supposed to manage their problems. The second part is all about the models, which is made use of by various banks in order to rate and evaluate all the credit risk management issues. Here the author offers a number of techniques, which are useful for credit portfolios and rating based loan pricing mechanisms.

The book successfully brings together a number of concepts, ranging from methods and procedures in the field of risk management, to the author’s personal experiences. It is said that this book is the bible for all those financial analysts, students of investment banking, accounts aspirants and auditors. Mainly because it is a distilled form of all the valuable experiences of a top notch, seasoned banker and an authority figure on bank supervision. This is also one of the reason why professional training institutes like Imarticus Learning, usually ask their students to refer to this book. 

Monday, 20 February 2017

Is CFA Really Useful in India

CFA or Chartered Financial Analyst, is a considerably well known designation, which is believed to give the charter holders, an entry into the most coveted circle of top finance professionals all over the world. This credential can not only guarantee you the dream job, in addition to no having to give any entrance exams but also can help you network with the topmost players in the investment banking and corporate finance industry. This examination is offered by the CFA institute in the United States of America and consists of three levels. Due to its approach and the kind of benefits it provides, the CFA credentials are very much in demand these days. More and more finance enthusiasts attempt to give these exams, both in India and abroad.

While some endeavor to attempt CFA on their own, the majority prefers to take up a professional course for the same. Institutes like Imarticus Learning, have a unique mentor run program, where every student is assigned to a mentor, who is an experienced charter holder and acts as their guide to crack this prestigious exam. If you are a finance aspirant and looking to become a certified CFA charter holder but, are still apprehensive about the usefulness or validity of the course; then read on why one should do this course, especially in India. Financial Times, which is a leading daily in India states the following about the CFA designation, “Among countless finance degrees around the world, the Chartered Financial Analyst qualification has become the gold standard.”

Firstly, the designation is truly the most prestigious title in the field of Finance and Investment. It is not only know widely known, but is also one of the most respected qualifications in the field. Statistics state that there are about 128k professionals, in about 145 countries, who are all CFA Charter Holders.
This means, that CFA holders can be found in almost all the major countries, over the world. Not only that, but there are also a number of CFA societies, that exist and function smoothly, giving the professionals, an unparalleled network, which can help leverage their careers. These societies are tied up with a number of top banks and financial organizations, which makes it easier for CFA holders, who are looking to get hired by the same.  If you are a part of such a society, landing a job with the most elite of companies becomes a cake walk.

One of the biggest benefits of having a CFA degree is the fact, that you don’t have to keep on giving entrance tests, or undergoing screening procedures, as a part of the interview procedure. There are reportedly 19 countries, which have waived off, wither a part of or all of their requirements, especially for professionals with a CFA license in the field of trading and investment. As a CFA holder, you have the chance of being employed by top global investment banks, majorly in the asset management and research departments. CFA holders are not only paid better, but also have a distinctive advantage over their competitors during interviews. These are the many benefits of this certification and must do it, for the sake of not getting left behind.