Description

This course examines the role of Enterprise Architecture in implementing a bank’s digital business strategy while minimizing the overall technology cost for the bank. In today’s market where the speed of doing business is rapidly increasing, and customers are becoming increasingly more sophisticated, banks are challenged to provide faster and better digital services, anytime, anywhere. Technology, as a business enabler, has become a key consideration of any bank’s strategy. The adoption of enterprise platforms such as Service-Oriented Architecture (SOA), Business Process Management (BPM), Business Rules Management System (BRMS), Master Data Management (MDM), and Enterprise Data Warehouse (EDW) will improve a bank’s competitive advantage with measurable results; increased revenue, speed to market, product & service innovation, improved agility, and reduced cost. Emphasis is placed throughout this course on analysing real-world situations using case studies, in particular large-scale change scenarios such as; core banking system replacements, and bank mergers whereby multiple vendor products need to coexist. Hands-on lab exercises and project assignments will include the assembly of prototype banking solutions which invoke the API of SMU Teaching Bank (SMU tBank).

Learning Outcomes

Graduate Learning Outcomes

Disciplinary Knowledge, Multidisciplinary Knowledge, Interdisciplinary Knowledge, Critical thinking & problem solving, Innovation and enterprising skills, Collaboration and leadership, Communication, Self-directed learning

Competencies

Enterprise Architecture, Applications Integration, IT Standards, IT Strategy, Business Process Re-engineering