Ten SDM students and professors visited the dealing room at Sumitomo Mitsui Bank Corporation (SMBC), one of the three megabanks in Japan, on July 5, 2010. The visit was organized by the Informal Study Group on Financial Regulation and Supervision in the Socio Critical System Lab.
Following the briefing on the organization and functions of the Treasury Unit, the participants visited the bank’s dealing room where various financial trading functions are handled around the clock, including foreign exchange, interest, funds, and derivatives, and then attended a Q&A session with SMBC executives.
SMBC’s dealing room applies systems approaches to realize efficient and effective operations, such as computerizing communications between branches, and elimination of departments with overlapping roles. The participants, most of whom are engaged in the research of financial systems as typical social technology systems, eagerly took notes during the visit.
Briefing
Visitors with SMBC executives