Qorus Banking Innovation Awards 2022

Genesis Programme (GENE tool)

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05/10/2022 Banking Innovation

About

The Genesis programme is a multi-year journey that transforms how DBS manages capacity, initiatives, and financial management to enable enterprise agility. The programme reduces toil and complexity, introduces a single source of truth, and elevates transparency and decision making across all levels, right up to the CEO. Genesis began in 2018 with GENE (pronounced ‘genie’) – a bespoke product built in-house that brings data and multiple systems together onto one single platform. The product is an industry first that, as of 2021, allows end-to-end budgeting, forecasting, review and fungibility for capacity and financials, making it easier for the organisation to adapt to changing conditions. All through the process, different personas are further enabled through enriched controls, reporting and data insights. Genesis is a key programme led by DBS’ Transformation Group, with steer from the Chief Financial Officer, Chief Information Officer, and Head of Strategy and Planning.

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