  Recent events in the credit markets, including sudden and massive write-offs by major financial institutions, have focused attention on the need for better information about the true performance of financial institutions—what risks they are facing and what returns they expect.
In many cases, financial services chief executives seem to have been unaware until the last moment of the true value being created—or destroyed—by their enterprises. Accenture has developed a new performance analytics solution for banking that can put “a single version of the truth” within the reach of senior banking executives, allowing fact-based decision making and quick responses to opportunities and threats—thus materially strengthening a bank’s ability to achieve high performance.  Download the PDF: How performance analytics can change the game in banking [PDF, 130KB]
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The Performance Analytics Solution consists of a performance management application, a collection of KPIs and a standardized Enterprise Performance Management framework. It is quicker and cheaper to implement than traditional solutions, and it enables institutions to turn their strategic goals into concrete targets, and to track their progress towards those targets. About The Point
The Point is the regular publication of Accenture Financial Services. Each issue focuses on a specific business challenge facing senior executives in global banking, insurance and capital markets and offers strategic guidance on how they can convert that challenge into high performance and competitive differentiation. |