Content tagged with Core Systems posted in August 2008
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SWIFT’s TSU Could Bring Benefits to Local Banks
Local banks can benefit from the SWIFTNet's Trade Services Utility and avoid outsourcing to rivals.
The Real Reasons Banks Switch to New Core Systems
I've written my share of articles for the trade journals about why bankers switch to new core systems, and I'm probably guilty of presenting, in part, the theoretical (or conventional wisdom) reasons. Now in this era of blogging, where spilling your guts is an OK thing to do, I decided to look back at the 321 projects I worked on to present the REAL reasons as expressed to me by REAL bankers while reclined on the VIRTUAL "consultant's couch" in private and behind closed doors. That's right, folk
Banks Aren't the Only Ones with Aging Systems
It looks like the banks aren't alone in being held captive by defunct programming languages. A recent article in the New York Times discusses a situation in California involving termination and cuts in the pay of state workers. The massive cutbacks involved some 170,000 people-full and part time, as well as temporary. According to the article, the move was in keeping with a 2003 court ruling that such measures should be taken if the California legislature failed to pass a budget.
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Archived Audio Interviews
Join Bank Systems & Technology Associate Editor Bryan Yurcan, and guests Karen Massey and Jerry Silva from IDC Financial Insights, for a conversation about the firm's 11th annual FinTech rankings.
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