Investment Banking Books

The Accidental Investment Banker: Inside the Decade That Transformed Wall Street by Jonathan A. Knee (Paperback - Jul 31, 2007)

The Fast Track: The Insider's Guide to Winning Jobs in Management Consulting, Investment Banking, & Securities Trading by Mariam Naficy (Paperback - Oct 6, 1997)


The Practitioner's Guide to Investment Banking, Mergers & Acquisitions, Corporate Finance by Jerilyn Castillo and Peter McAniff (Hardcover - Jan 2007)


Information Asymmetries and Investment Banking in Mergers & Acquisitions by Christine Hacker (Paperback - April 19, 2007)


Excellence in Investment Banking Operations

Euromoney


ISBN: 1855648318
Format: Paperback Pub. 2000

Price: $225.00



An invaluable new guide to running and rethinking modern banking operations. Written by a team of senior executives from Deutsche Bank and its affiliated companies, the book is an in-depth examination of back office operations and offers detailed solutions to the hard choices facing banks if they are to compete successfully in this rapidly changing market.

The book comprises 18 chapters and is divided into four comprehensive sections. The first assesses why change is necessary, examining the major trends in the financial markets and the financial services industry. The second identifies four business areas where new and ingenious products and structures have been successfully introduced in response to industry developments. The third looks at techniques which can be applied in response to the market's demands: activity-based costing, outsourcing, customer care and, essentially, operational risk management. The final section considers the challenges presented by the rise of the Internet and e-commerce.

An authoritative and analytical guide, this book will prepare you for the future of banking operations.

Published in association with Deutsche Bank Global Technology & Services, Deutsche Bank Inhouse Consulting, econos Consulting Group and european transaction bank

Synopsis
A valuable new guide to running and rethinking modern banking operations, this book is written by a team of senior executives from Deutsche Bank and its affiliated companies. The book is an in-depth examination of back office operations and offers detailed solutions to the hard choices facing banks if they are to compete successfully in this rapidly changing market. The book comprises 18 chapters and is divided into four comprehensive sections. The first assesses why change is necessary, examining the major trends in the financial markets and the financial services industry. The second identifies four business areas where new and ingenious products and structures have been successfully introduced in response to industry developments. The third looks at techniques which can be applied in response to the market's demands: activity-based costing, outsourcing, customer care and, essentially, operational risk management. The final section considers the challenges presented by the rise of the Internet and e-commerce.
Contents of Excellence in Investment Banking Operations
In Part 1, we analyse major trends in the financial markets and in the financial services industry, seeking to identify and describe the new demands on banks and financial institutions.

1: Banking operations beyond the 1990s - challenges and drivers for change in the financial services industry
Consolidation
New processing and operating models
Cost management
Regulatory environment and risk management
Outsourcing
e-business
Conclusion

2: The challenges for investment banking operations
A sixties industry in a year 2000 economy
Traditional industry characteristics
Complexity
IT dependency
Capital intensity
Labour intensity
Homogeneous services
Short innovation cycles
Traditional structures eroding
Globalisation and new players in capital markets
Globalisation
Emergence of new players
Contestability in securities processing markets
Platforms
Products
Culture
Outlook

3: Electronic trading and its impact on the financial industry - the forex example
Introduction
The challenge
The opportunity
Outlook

4: Front office requirements for back offices
Introduction
The technological master plan
The front office-back office relationship
Conclusion
Part 2: A look at four major product areas
Part 2 takes a detailed look at liquidity management, forex, securities trading and processing, and derivatives, considering how market participants are creating new products and structures to deal with the challenges they face.

5: Liquidity management
Introduction
Designing payment systems
Credit risk controls on payment systems
The implications of changes in settlement systems
The cost of intraday liquidity
Client pressures

6: Risk mitigation in foreign exchange
The challenge of Continuous-Linked Settlement
Preparing for CLS
Vendor solutions
Liquidity management
The possibility of two-tier pricing
The value of third-party services
Changes in the forex back office
A new perspective on risk
Correspondent banking
Conclusion
Appendix - how CLS works

7: Cross-border securities processing
Introduction
Cross-border volume drivers
Cross-border investment flows
Repositioning of exchanges
Impact of the Internet and online services
Convergence of financial products
Alliances in clearing and settlements
Legal and regulatory environment
Challenges for global custodians, broker-dealers and asset managers
The new priorities for market participants
The registered share business in Germany

8: The impact of e-trends on derivatives operations
Introduction
Why OTC derivatives are old-fashioned
Operations before the e-craze
E-trends in derivatives
Open outcry vs electronic trading
The impact of the Internet
Other developments in derivatives technology
Outsourcing technology and operational services
Consolidation and restructuring
Mergers and acquisitions between banks
The convergence of cash and derivative exchanges
Alliances and partnerships - Internet technology
Structured products
Outlook

Part 3: Implications for investment banking operations
In Part 3, we discuss the implications for banking operations, and describe in detail the tools designed to support the changes dictated by market trends.

9: Global processing
Introduction
Rethinking operations
What the market requires from operations
Independent sequential processing
Integrated exception handling
Conclusion

10: Reinventing global operations networks - consolidation of operations centres
The cost of operations
Drivers for operational consolidation
Changes in global demand
Non-competitive cost structures
Organisational realignments
Mergers and acquisitions
Regulatory and market changes
Structure follows strategy
Greenfield operations
Cornerstone approach
Centre of competence
Combining these approaches
How to perform a consolidation
1. Strategy and conceptual design
2. Project initiation and mobilisation
3. Detailed design and implementation planning
4. Implementation
Critical success factors
Conclusion

11: Cost transparency and management
Introduction
Requirements of internal and external clients
Bottom-up versus top-down approaches
Incorporating operational risks in activity-based costing
Cost of quality
Planning and budgeting
Enhancing the ABC methodology
Abilities and limitations
Implementing ABC in global payments and securities operations
Technical solutions
Conclusion

12: Dedicated customer care services
Introduction
Initiating the customer care project
Setting up the customer care centre
Processes
Organisational structure
Design principles
Detailed design
Service level agreements
IT
Data
Implementing the pilot
Conclusion

13: Outsourcing - practical lessons learned
Introduction
Outsourcing in practice
Case study: the IT Infrastructure project
How to tackle outsourcing
Conclusion

14: Operational risk
Introduction
Operational risk in business divisions
Defining operational risk
Examples of operational risk
Management of operational risk
Divisional operational risk management on a day-to-day basis
Tools, techniques and methodologies
Framework components
Developing operational risk management
Operational risk and the regulators
Outlook

15: Risk management for global cash operations
Introduction
The IMAS road map
Identification and mitigation of risk
Key risks and controls
Measurement of risk
Analysis
Self-assessment
Conclusion

16: Operations risk - reconciliations
Introduction
The need for reconciliations
How reconciliations are performed
Best practice in reconciliations
Strategies for improvement
Integrated Transaction Management Systems
Outlook
Conclusion

Part 4: E-business in banking
In the final part of the book, we consider the specific impact of the Internet on banks, both in their business activities and in operations.

17: The impact of the Internet on banking and securities operations
Introduction
Characteristics of Internet technologies
The web-enabled operations unit
The client's view
The process view
The management view
Implementation
Conclusion

18: The challenges ahead - m-commerce
The co-publishers
The link between operations and e-commerce
An interview with Herwig Leins
Deutsche Bank Global Technology & Services
Deutsche Bank Inhouse Consulting
econos Consulting Group
european transaction bank
Biographies






Investment Banking: Addressing the Management Issues (Hardcover)
by Steven I. Davis (Author)

Hardcover: 288 pages
Publisher: Palgrave Macmillan (February 8, 2003)
Language: English
ISBN-10: 1403901449
ISBN-13: 978-1403901446

The Business of Investment Banking: A Comprehensive Overview by K. Thomas Liaw (Hardcover - Dec 30, 2005)


Investment Banking Insider's Guide by John, Wise (Paperback - Nov 28, 2006


Leading Investment Bankers: Heads of Ibanking from Merrill Lynch, Deutsche Bank, Salomon Smith Barney & More on the Art of Investment Banking, Mergers ... & More (Inside the Minds) (Inside the Minds) by Inside the Minds (Paperback - Dec 2002)



Banking for Family Business
Publisher Springer Berlin Heidelberg
Copyright 2005
ISBN 978-3-540-22798-4 (Print) 978-3-540-27220-5 (Online)

SpringerLink Date Monday, December 05, 2005