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... is necessary for Business. Therefore, Carrefour can control the Operating Expenses more efficiently. BYP5-5(C) By analyzing this case we can see that besides “Operating Expenses to sales Ratio” of Wal-Mart is more than the Carrefour/Promodes, the Profit Ratio of Wal-Mart is higher. This clearly shows that Wal-Mart has better goodwill, higher profit earning ratio and growth rate in the market. If War-Mart can decrease their variable expenses they can stand on higher stage where they can earn more profits than the Carrefour/Promodes. How will tomorrow’s successful banks achieve differentiation and competitive advantage? The major difficulty for banks will be integrating physical and virtual operations – making bricks and clicks work. Indeed, the biggest challenge for all banks will be to recognize market opportunities for new channel leverage early, and take the risks to own these market opportunities. The three biggest specific IT challenges will then be Data Security, proper consolidation of the data within the organization and ensuring the effective delivery of services to their customers keeping in mind the growing complexity of the IT infrastructure. We at NIIT Technologies will endeavor to help you deal with these challenges. Our Value to the Banking Industry Domain Focus of the Banking Practice As part of our Banking practice we focus on: Credit Management (Loans/ Mortgages), with special emphasis on Basel II related implementations Risk Management Investment Banking Asset Management Securities Stock Exchanges NIIT Technologies has strong domain competence in each of the above focus areas and has done extensive work for its clients resulting in sustained revenue streams for us over time. Services Legacy Maintenance & Modernization: In the Financial Services industry, legacy systems play a large role in supporting large-scale business operations. With our help, you can maintain and modernize your legacy systems efficiently. We have proven experience in managing legacy systems in banking process areas like: Mortgages Asset/Trust Management Credit Information Systems Our technology expertise in the legacy space includes IBM Mainframes, COBOL, PL/1, Assembler, DB2, IDMS, ADABAS, and VAX/VMS among others. Custom Application Development: Custom-built applications are developed to address the unique business requirements of your organization in eBusiness, web-based and client-server applications. We will help you implement solutions across diverse platforms and technologies. We have developed applications using technologies such as Web Services, IBM MQSeries, MS BizTalk Server 2000 and BEA Integration Suite, Mainframe, Unix and ETL tools like Informatica and Metasuite. Some of the applications include loan processing applications and ETL applications to provide data services. The NIIT Technologies Edge NIIT Technologies is not only one...