Three distinct models to assist you in proactive planning

Retail banking investment in technology delivers in terms of productivity, quality of service, –and above all– in customer satisfaction. However planning for a capital intensive project should reliably anticipate the return on the investment and the next day improved operating model.

In a retail banking environment with hundreds of branches, several thousand ATMs and a growing number of interlinked businesses, it is quite challenging to determine the optimal deployment plan.

The answer to this situation is reliable field data collection, analysis and determination of activity based costing model, and formulation of mathematical modeling and computer processing in identifying the optimal resolution; i.e. to what extend deploy next generation infrastructure technologies, and what would be the expected return on investing in such a project.

CubeIQ has developed three distinct models to assist you in proactive planning estimating OpEx savings and deployment project financials. Which one to use depends on the level of detail of your operational data available, and extend of applicability; i.e. only one typical branch, or the complete retail banking network mapped on multiple distinct profiles of different branches.

 
More specifically the Operating and Financial Models available are the following:

• Single Branch – Single TCR Model
• Multiple Branches – Multiple Categories Model
• Optimization Model maximizing OpEx savings for multiple branches

 
CubeIQ will welcome your interest to apply any of those models in your particular case. Our experts will assist you in collecting the required field operational data, categorized them and populate the model input parameters matrix.
 

Single Branch Model

This Excel based model may introduce you to the subject by studying one typical branch, assuming that one or more tellers will be assisted with the availability of a Teller Cash Recycler (TCR) machine. You may refer at the "User Manual" to find out the field data required to feed the model towards producing as accurate as possible estimation of the OpEx savings.
 

Multiple Branches Model

When you need to have savings estimation for your complete retail banking network, or a large part of it, then it is recommended to use this model. Before starting, formulate your model by categorizing your retail branches to a number of distinct categories based on their size/traffic. Then feed the required field operational data for each branch category, as necessary input to the model. The model will simulate the retail branches operation in terms of cash management, and produce the relevant financials, such as the OpEx savings and project ROI.
 

Optimization Model

This model is a formulation of the previous one (re: Multiple Branches Model) under a Linear Programming scheme, where the calculating "savings" produced are the optimal for a certain operating model and deployment configuration. CubeIQ consulting is ready to assist you in this endeavor.
 

Find out more on the "Single Branch" model by reading the User Manual…