Silo Syndrome, Tactical Biases Imperil Financial Firms That Resist Changes to Data Management: New Sybase Book
“The New Data Imperative: Managing Real-Time Risk in Capital Markets” Provides Technology Roadmap for Financial Firms to Master Data Capture, Manage Risk and Navigate the New Regulatory Landscape
DUBLIN, CALIF. – JUNE 16, 2009 — Sybase, Inc. (NYSE: SY), an industry leader in delivering enterprise and mobile software, today announced it has published The New Data Imperative: Managing Real-Time Risk in Capital Markets. Written by Sybase® executives, Dr Raj Nathan, Senior Vice President and Chief Marketing Officer; Irfan Khan, Chief Technology Officer, and Sinan Baskan, Director of Business Development for Financial Markets, the book provides a forward-looking perspective into the data strategies that financial firms will need to implement to effectively manage risk and gain competitive advantage in the coming years. Backed by a combined 60-plus years of industry experience, the authors share unique insights into the technology DNA that will be critical to transform data into information, awareness and profitable decisions.
“The world may be hot, flat and crowded, but it is also exploding at its seams with data,” said Gary J. Beach, Publisher Emeritus, CIO Magazine. “According to market researcher IDC, the compound annual growth rate of worldwide data is 60 percent. The New Data Imperative: Managing Real-Time Risk in Capital Markets offers a pragmatic roadmap on how financial professionals can leverage new information platforms to turn all that data into actionable, dynamic, real-time information—information that will enable better risk management and accelerate the return of investor trust.”
The structure of financial markets that will emerge from the recovery and reforms will be shaped by a number of new regulations, methodologies, practices and technology. The New Data Imperative: Managing Real-Time Risk in Capital Markets focuses on the interaction of practices and technologies and the limitations and shortcomings that have prevented successful risk management across asset classes and portfolios. The authors highlight the data-centric approach that will be necessary to manage capital and financial risks under a balance sheet management model rather than at the tactical level of transaction-driven business units operating in their own semi-autonomous silos.
Emphasizing the data strategy needed to effectively navigate the recent changes in capital markets, that will require trades and investments to be processed more rapidly than ever before, this book is essential reading for technology leaders and risk officers in financial services firms as they set out to make informed decisions about their long-term data strategy.
“In the years ahead, the successful financial firm will have developed a capability to understand, track and quantify risk factors across all portfolios and assets and a capacity for agility when volatility in financial markets occurs,” said Dr Raj Nathan, Chief Marketing Officer, Sybase, and co-author of The New Data Imperative. “Data is the critical pillar in understanding operational risk and exposure. This booktakes a detailed look into data capture and how it can ultimately be leveraged for competitive advantage.”
About the Authors
Dr. Raj Nathan, Senior Vice President and Chief Marketing Officer of Worldwide Marketing and Business Solutions Operations, is responsible for all marketing initiatives for Sybase. In this role, Dr. Nathan leads a global marketing organization executing on Sybase’s go-to-market strategy and initiatives. Prior to his current position, Dr. Nathan served as Senior Vice President of Sybase’s Information Technology Solutions Group. Under his leadership, Sybase continues to be recognized for visionary technologies that meet the direct needs of customers and partners. He received his doctoral and master’s degrees from Iowa State University, and a bachelor’s degree from University of Madras in India.
Irfan Khan is a veteran of Sybase, with tenure of fifteen years. As Chief Technology Officer, Khan oversees all technology offices in each of Sybase’s business units. He is chartered with ensuring the voice of Sybase’s customers and the need of the market are reflected within the company’s innovation and product development. In addition, Khan oversees the technology evangelism efforts for Sybase that is responsible for seeding new products and driving new technologies within Sybase’s most strategic accounts. He holds a Bachelor of Science degree in computer science as well as a Master of Science degree in advanced computing from Kings College, University of London in the United Kingdom.
Sinan Baskan is Director of Business Development for Financial Markets at Sybase and is responsible for developing solutions for lines of business in the Financial Services sector. He has held various positions in the Product Engineering, Professional Services and Marketing organizations at Sybase. Previously, Baskan was Vice President leading the Global Risk Technology team for the Americas at HSBC Corporate and Investment Bank in NYC and started his career at IBM in their Research Division. He has a Bachelor of Science and a Masters of Science in engineering form Lehigh University. Sinan also holds an MBA in Finance from Columbia University.
For more information on The New Data Imperative: Managing Real-Time Risk in Capital Markets, visit www.sybase.com/newdataimperative.
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About Sybase
Sybase is an industry leader in delivering enterprise and mobile software to manage, analyze and mobilize information. We are recognized globally as a performance leader, proven in the most data-intensive industries and across all major systems, networks and devices. Our information management, analytics and enterprise mobility solutions have powered the world’s most mission-critical systems in financial services, telecommunications, manufacturing and government. For more information, visit . Read Sybase blogs: http://blogs.sybase.com.
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