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News & Commentary
Content tagged with Management Strategies posted in August 2010
Q&A: Lamar Chesney, SunTrust's CPO, on Managing Spend and Bringing Vendor Relationships to a "Nirvana" State
News  |  8/27/2010
The bank is using software to manage contract compliance, philosophy to manage supplier relationships.
Philly Banker Undergoes Surgery for 'Blackberry Thumb'
News  |  8/26/2010
Ubiquity ain't easy. And sometimes being in constant contact with clients and colleagues can get downright painful.

Umpqua Bank CIO Colin Eccles: Merger Expert
News  |  8/25/2010
Umpqua Bank CIO Colin Eccles whips through bank IT mergers with speed and agility, using a repeatable process honed over time.
Navy Federal Credit Union CIO Jerry Hermes: Global Presence, Small IT Footprint
News  |  8/25/2010
As CIO of Navy Federal Credit Union, Jerry Hermes keeps watch over an IT infrastructure that's sprawled around the world. New monitoring and business service management tools help.
John Itokazu of Zions Bancorporation: Putting the Team First
News  |  8/25/2010
Zions Bancorporation EVP and CIO John Itokazu believes trust and collaboration among his technology team are keys to the company's success.
First Horizon's Bruce Livesay: Growing Against the Grain
News  |  8/25/2010
First Horizon CIO Bruce Livesay found opportunity amid the financial crisis to position his bank for tomorrow.
Paul Johnson of BB&T: Transformation Never Ends
News  |  8/25/2010
Nearing completion of a program to overhaul the way his technolgy organization operates and how it is viewed by the business, BB&T EVP and CIO Paul Johnson says the evolution of IT is an ongoing journey.
Wells Fargo's George Tumas: Building Top-Notch Online Banking
News  |  8/25/2010
As CIO of Wells Fargo's Internet services group, George Tumas is pushing the envelope in the online and mobile banking space.
Citigroup's Anthony DiSanto: Modernizing the Data Center
News  |  8/25/2010
As Managing Director of Citi's technology infrastructure, Anthony DiSanto envisions the data center as the hub of business operations.
Jeff Dennes: Mobile Banking Pioneer, iPad Enthusiast
News  |  8/25/2010
As the architect of USAA's online and mobile banking initiatives for the past 10 years, Executive Director Jeff Dennes rolled out a series of technology innovations for these channels. Although Dennes recently left the company, an iPad app he spearheaded is due out late this year.
Huntington Bank Creates New Corporate Development Director to Lead M&A Strategies
News  |  8/23/2010
Huntington Bank creates new corporate development director to lead M&A strategies; Scott Brewer, formerly managing director at Stifel, Nicolaus & Company, will implement merger-and-acquisition strategies at Columbus, Ohio-based bank.
Sterling National Bank Sees Growth from "Flight to Quality"
News  |  8/19/2010
New York-based Sterling National Bank ($2.1 billion in assets) has recently seen a significant percentage of its growth as the result what it calls a "flight to quality," or the effect of dissatisfied customers leaving larger banks for more personalized service at a smaller bank or community bank.
Enterprise Marketing May Become the Next Big Technology in Banking
News  |  8/17/2010
When IBM pays a huge premium to acquire a marketing software company, banks should at least see that as a signal of prudent positioning and put marketing software on their IT project list.
BofA Hires Bridget O'Connor to CTO Post
News  |  8/6/2010
Former Lehman CIO leaving DTCC to go back into banking and will be in charge of many customer-facing technologies.
Financial IT Jobs Growing; C Developers In Demand
News  |  8/5/2010
Career site eFinancial Careers reported yesterday that there were 24% more postings for financial IT jobs in July 2010 than in July 2009. This is part of a trend - further numbers the site editors gave me show that although new financial IT jobs were down by 12% in January and by 13% in February compared to last year, they ticked up in March by 3%, and then skyrocketed to a 37% increase in April, a 27% rise in May and 38% growth in
SunTrust Attracts 620,000 to Its LiveSolid Website
News  |  8/4/2010
When we looked at SunTrust's LiveSolid website when it launched in February, we scratched our head a bit (figuratively) over this completely separate, lightly branded site that features lifestyle advice articles from women's magazines and has only a small SunTrust logo in the bottom right corner. While we enjoyed the tips for making quick dinners and reducing stress, we wondered what SunTrust would get out of this.
2Q Earnings for FIS and Fiserv - Sluggish, But a Few Bright Spots
News  |  8/2/2010
The two largest bank technology vendors reported their 2Q 2010 earnings since my last column 10 days ago. Jack Henry is scheduled to report its fiscal quarter and year-end results on August 17th. FIS and Fiserv both recorded sequential revenue growth of 2.4% (1.7% in constant currency) and 2% respectively. Within these sluggish growth rates, there were bright spots that reflect each vendor's diversified mix of products and services. Both vendors have recurring contract revenue streams that tend

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