Improving operating leverage is about operational resilience, structured operational efficiency, and sustainable revenue growth. Activity-based enterprise non-interest cost management is an important component of enterprise risk adjusted return management methodology. This book builds on the author Kannan Subramanian's earlier book, Event- and Data-Centric Enterprise Risk-Adjusted Return Management, delving in depth into enterprise non-interest operating cost management and operating leverage.
You'll learn that because operating leverage involves the management of a bank's capabilities and capacity to deliver its products and services efficiently, managing both costs and revenue is critical. Profit is an absolute measure that denotes the amount of money the bank makes after deducting all expenses revealing how efficient the bank is at utilizing its resources to generate risk-adjusted returns. This book explains how to improve your operating leverage to attain a competitive advantage.
You'll examine how some institutions have implemented activity-based costing and time-driven activity-based costing in a siloed environment and without enterprise process automation. Many other institutions do not have a scientific way of managing non-interest costs. The book explains why hyperautomation, a technology that creates multi-process systems, is a more advanced and comprehensive way to manage these factors in a holistic and integrated way.
Improving Operating Leverage using Hyperautomation is your complete guide to enhancing risk adjusted operational performance through a nuanced approach to performance, risk, control, and costs at the process level.
What You Will Learn
- Define and use the bill of resources to improve operating leverage.
- Implement activity-based enterprise non-interest cost management using hyperautomation
- Monitor performance, risk, control, and cost at the process level.
- Implement time-driven activity-based costing for an enterprise risk-adjusted return model.
Who This Book Is For
Most banking industry professionals, including senior management teams, consultants, central bankers, financial regulators, software vendors, and Business Process Management Suite/Hyperautomation technology vendors.
