Corporate Performance Management framework for Banks

  • White Papers
  • 29.09.2016 08:35 am

Performance measurement has evolved in banking industry from being just organizations’ high-level KPI management to driver based strategic decision management where driving elements are region, branch, line-of-business, customer, instrument. This paper highlights distinctive elements of Financial Performance Management (FPM) and Corporate Performance Management (CPM) as two separate strategic processes for a bank and identifies critical need to integrate them. Paper also highlights technical-frameworks for CPM implementation which can structure foundation element to build FPM on top of it. In addition, paper showcase pre-requisites for a CPM implementations and provides parameters of evaluation to identify best CPM implementation approach based on organizations’ readiness for pre-requisites.

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