SMU Teaching Bank Developed and Managed by The School of Information Systems Singapore Management University The implementation of a banking enterprise architecture, as an evolving platform for learning Presented by: Alan Megargel, Senior Lecturer of Information Systems
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SMU Teaching Bank · E. Capstone Project 2 courses MITB SMU Banking Solution Architecture IS480 SMU tBank Engagement Model Hands-On Labs Banking Channel Prototypes Banking
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SMU Teaching Bank
Developed and Managed by
The School of Information Systems
Singapore Management University
The implementation of a banking enterprise
architecture, as an evolving platform for learning
Presented by: Alan Megargel, Senior Lecturer of Information Systems
2
SMU Teaching Bank
• SMU has embarked on a multiyear programme entitled “SMU Bank for
Financial Services Education”, referred to as “SMU Teaching Bank“ (or
“SMU tBank”).
• Starting from a clean sheet, we are building a “teaching bank” from the
ground up, using today’s architecture best practices.
“The mission of SMU tBank is to become a world class
‘teaching bank’, generating an on-going supply of
undergrad and postgrad student projects whereby
classroom learning outcomes can be put into practice,
leveraging industry leading banking software and
enterprise platforms.”
SMU tBank Guiding Principles
1. SMU tBank shall exist for academic purposes only, to support
banking related coursework, labs, and student projects.
2. SMU tBank shall align to, and inform, SMU’s Unified Banking
Process Framework.
3. SMU tBank shall be assembled using a mixture of vendor products,
in order to demonstrate real world change scenarios:
– A core banking system replacement
– A bank merger, whereby multiple vendor products need to coexist
4. SMU tBank shall be a platform for collaboration with banks and
product vendors, for incubating new innovations.
3
4
(Flexcube)
Internet
Banking
Mobile
Banking Teller
Core
Banking
System A
Core
Banking
System B
Algorithmic
Trading
System
Content
Management
System
Existing platforms
available at SMU
can be integrated
into a teaching
bank
Banking apps to
be developed
through student
projects Payment
Gateway
SMU tBank Conceptual Model
5
Investing
Savings/
Surplus
Funds
Receiving/
Paying
for Services
Managing
Portfolio
Risk
Deposits/
Investments/
Insurance
Loans/Advances
Fund Raising
Capital/Currency
Commodities
Market
Trade/Project
Finance
PROCESS DATA TECHNOLOGY
Financing
Personal/
Business
Needs
Support for
Cross Border
Trade/Projects
Accounting &
Financial
Controls,
Reporting,
Audits
Internal Risk
Management,
Controls,
Reporting,
Compliance
Customer,
Sales Force,
Distribution Channels,
Data & Analytics
Systems Design,
Controls,
Production
Remittance/ Cash
Management/
Cards
Customer
Needs
Bank
Products
and
Services
Bank
Management
Needs
Financial
Management
Risk
Management
Channel
Management
Operations & Technology
Management
Securities
Safekeeping/
Trade
Settlement
Support
Custodian
Services
SMU Unified Banking Process Framework (UBPF)
The Unified Banking Process Framework is used to visualise how a bank meets customers
needs and internal management needs through processes, data and technology
Investment Banking
& Capital Markets
Corporate &
Institutional Banking
Private Banking & Wealth
Management
Retail
Banking
Customer
Types
Transaction
Fulfillment
Enablers
6
REGULATORY BODIES
BANK 1. Banking Business Segment View: Customers, Products and Services for
The 11 views of the UBPF are used to understand linkages and flows across
banking processes, data, technology and operations
7
Investing
Savings/
Surplus
Funds
Receiving/
Paying
for Services
Managing
Portfolio
Risk
Deposits/
Investments/
Insurance
Loans/Advances
Fund Raising
Capital/Currency
Commodities
Market
Trade/Project
Finance
PROCESS DATA TECHNOLOGY
Financing
Personal/
Business
Needs
Support for
Cross Border
Trade/Projects
Accounting &
Financial
Controls,
Reporting,
Audits
Internal Risk
Management,
Controls,
Reporting,
Compliance
Customer,
Sales Force,
Distribution Channels,
Data & Analytics
Systems Design,
Controls,
Production
Remittance/ Cash
Management/
Cards
Customer
Needs
Bank
Products
and
Services
Bank
Management
Needs
Financial
Management
Risk
Management
Channel
Management
Operations & Technology
Management
Securities
Safekeeping/
Trade
Settlement
Support
Custodian
Services
The UBPF is a framework for understanding linkages between
Customer Needs and Bank Management Needs
Investment Banking
& Capital Markets
Corporate &
Institutional Banking
Private Banking & Wealth
Management
Retail
Banking
Customer
Types
Transaction
Fulfillment
Enablers
UBPF
MITB (Financial Services) Program in a Nutshell
A.1 Banking Products & Processes
A.2 Retail Banking Technology: Processes, IT & Architecture
A.3 Corporate & Institutional Banking Technology: Processes, IT &
Architecture
A.4 Financial Markets Technology: Processes, IT & Architecture
A.5 Lifecycle Implementation of Banking Products
A.6 FS Operational Risk: Foundation & Framework
A.7 FS Operational Risk: Data, Information, System & Architecture
A.1 is compulsory, minimum 4 others
C.1* Innovation Management
* Half module
* Half module
C.2 Spreadsheet Modeling for Technology & Operation Decisions
C.3 IT Project & Vendor Management
C.4 Global Sourcing of Technology& Processes
A. Banking Processes, IT & Architecture C. Information Technology & Project Management
D. General Management forTechnology & Operations
D.1A* Financial Accounting for Financial Services
D.1C* Management Accounting for Technology & Operations Managers
D.2 Strategy & Organisation
D.3 Finance for Operational Technology & Operations Managers
D.4* HRM for Technology & Operations Managers
C.2 and D.1A are compulsory unless exempted; choose 2.5 other courses across series C or D. Exempted course must be replaced by another course from A, B, C or D series.
E.1 Capstone Project• Project definition, development & critique workshops• Industry expert seminars & company site visits