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  Second generation of CRM  
 
Banking CRM (customer relationship management) solutions, launched a decade ago, saw several grand initiatives go awry. By the early 2000 most banks were distancing themselves from CRM technology. “While this all encompassing enterprise view had grand intentions, the associated technology, people, and business complexities were often far too much to handle. In addition to taking on an enterprise focus, CRM was touted as a technology issue and vendors were quick to offer technology focused solutions geared at building and managing customer relationships,” states Jegher.
 
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Inside Talk

Maximizing Customer Relationship

Rekha Menon, Research and Contributing Editor at Finacle Connect, talks about the bank's CRM strategy to Gerd Schenkel - general manager, customer strategy and cross-marketing at NAB Australia, and to Paul Newton - head of customer knowledge and analytical marketing at NAB UK.
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Kaleidoscope

Unlocking Value of CRM in Banking

CRM is not an open and shut case. It is an ongoing investigation into changing customer profitability, new reasons for churn, evolving trends in product lines, new cross sell and up sell offers, channel profitability, process improvement and usability of the software application. Choosing the right application, implementation and going live are just some milestones in a bank’s customer centric strategy.
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Tech Watch
Predictive Banking: One to One Intimacy on a Global Scale
Financial products have grown beyond simple savings and deposit offerings to sophisticated
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Inside Talk
Maximizing Customer Relationship
Rekha Menon, Research and Contributing Editor at Finacle connect , talks about the
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First Look
Customer Relationship Management: A Database Approach
It is accepted today that failure of several CRM implementations in the 1990s were due to exclusion
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