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Financial Services Quarterly Update
Eric Crabtree
Eric Crabtree,
Global Head, Financial Services
Welcome to the first edition in 2018 of the Financial Services Quarterly Update, the internal newsletter for our Financial Services team. This quarter, we continue to provide you with news, perspectives, success stories and more to help you understand how we are helping our financial institution clients thrive.

It’s hard to believe that we are already in 2018. Looking back, we’ve really made progress in our market positioning. In 2016, we were focused on developing and initiating our go-to-market strategy. And in 2017, we focused on launching Unisys Elevate™ and building a strong pipeline. These concerted efforts have started to pay dividends as the Retail and Commercial Banking Sector grew 6% year-over-year and we acquired new logos, which include TitleMax Finance, Sutherland Global Services and the Bank of the Philippine Islands. For more details on where Elevate stands now and what we have to look forward to in both the short and long term, check out this 5-minute video.

We’re also becoming more proactive and getting in front of the ever-evolving market trends and client needs. Today's financial services institutions need to be in control of their customers' data. With security concerns on the rise, it's imperative to be proactive and preventive when it comes to cybercrime. In this first POV paper, we discuss how taking a multi-tiered approach to security will combat the increasing sophistication of cybercrime. We’ve also launched a blog series to discuss financial security topics from around the world. Read the first post here, which talks about critical security questions banks and financial services organizations need to ask to create a robust security strategy.

I am excited to think about where we are going in 2018. We can really focus on full-scale roadmap execution with multi-region delivery and reduced delivery time to the market. To help us drive revenue in 2018, we will be productizing the Elevate offering, which will have many benefits and will enhance our ability to offer leading-edge and enterprise-class solutions to our financial services clients. In simpler terms, productizing means consolidating the development and maintenance of Elevate to our Technology organization to gain economies of scale and improve time to market. This will establish a repeatable process to build and maintain applications. It also aligns Elevate development with the Unisys global development strategy and standards. The industry vertical team will continue to drive the overall Elevate market strategy and, working with our solution partners Sandstone and PCT, will direct Elevate’s solution roadmap to address market needs.

We made great progress in 2017. Let’s carry that momentum into 2018! Please continue to give us your input and insight as we journey forward together.
FS Innovation on the Move
Managing Big Data and Big Risks in Banking
Writing in Banker’s Hub, Eric Crabtree discusses how the rapid growth of customer data combined with the growing shift to mobile and other devices for day-to-day banking has led to many banks struggling to keep up. Eric highlights the ways banks can manage their biggest security risks and leverage advanced analytics, powered by machine learning, to take full advantage of today’s data-driven landscape. Read the article here.
Managing Security and Risk for Digital Transformation in Financial Services
Consumers are enjoying a rapidly expanding choice of how, when and where they bank. However, banks must now manage the extra responsibilities and risks these choices bring. In this webinar with Nicholle Lindner, Leon Manson and Ian Selbie, you will learn how banks must balance the need to digitally transform, maintain privacy and security and still provide a seamless, personalized and trustworthy customer experience.
Our People Make the Difference
Jorge Andres Gomez is LAC Industry Director (SME). He works with the global team to sell Elevate, among other vertical solutions. He joined Unisys from Multibank (Colombia), where he was the Vice President of Institutional Banking, Trade & Cash. His more than 20 years of experience with financial institutions spans across HSBC Colombia, Citibank and BANCOLDEX. In addition to his own academic achievements at the Universidad del Rosario, he has been a popular professor of International Banking and Trade. Outside of work, Jorge loves spending time with his wife and two children, Amelia, 10 and Lucas, 8. He plays tennis on weekends and loves cooking for family and friends.
Vaibhav Sharma is the Global Financial Services Industry Lead for Application Services. He has more than 20 years of experience leading core banking modernization and architecture and advising banks and financial intuitions on their transformational journeys. He is currently focused on application services in the digital age – Cloud Adoption, Automation, Agile, DevOps and Blockchain – as well as on the Elevate strategy and API infrastructure. Outside of Unisys, he volunteers in the Boy Scouts as an Assistant Scoutmaster, because he loves to hike and conduct sessions on digital technology for scouts. Every year, he volunteers at the Special Olympics. As a blockchain enthusiast, he is also part of blockchain groups that engage in knowledge sharing within the growing community.
Sales and Marketing Resources
New Materials References Market Research Reports Click here for the September 2017 version of this newsletter.
If you have any questions or comments about this newsletter, contact Celso Puente. Please follow the Global Financial Services Yammer Group to access the latest information around the industry and encourage your teams to contribute to the community.
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