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News & Commentary
Content tagged with Core Systems posted in April 2010
Federal Home Loan Bank of San Fran. Selects Calypso
News  |  4/29/2010
Calypso Technology, Inc., a global application software provider, announced today that the Federal Home Loan Bank of San Francisco has selected Calypso Technology's front-to-back office system to support its front office trade origination, valuation, accounting and back office processing activities.
You Know 2009 Was an Unusual Year for Bank Tech When Fiserv Didn't Make Any Acquisitions
News  |  4/27/2010
Acquisitions have been as much a part of bank technology companies as introductions of brand new solutions and healthy organic growth. Now all three are waning.
Even Bank CIOs Don't Know the Real Cost of Their IT Resource
News  |  4/20/2010
Calculating the accurate cost of a bank's IT resource is like pinning down the exact location of Osama bin Laden's cave. There are some ideas floating around, but they're fuzzy. Because I don't have a personal stake in this matter, I believe I can present an interesting case to explain this phenomenon.
Tanzanian Bank Upgrades Its Core
News  |  4/14/2010
CRDB Bank plans to open 10 new branches a year, has updated its Misys software to accommodate the growth.
Business Alignment Integral to Core System Replacement Success
News  |  4/13/2010
Banks must have a clear business strategy and C-level sponsorship before they commit to a high-impact core system replacement project, says Paul Sussman, Vice President, First Manhattan Consulting Group.
Approach Core Systems Modernization from a Top-down Perspective
News  |  4/13/2010
A well-defined modern core system implementation should include a top-down approach with a view toward a bank's end-state architecture, writes Celent analyst Rajesh MR.
The Benefits of Pre-Planning Core Replacement Initiatives
News  |  4/13/2010
A comprehensive and well-thought-out plan can help streamline the process of replacing a core system, according to Lynn Crane, CIO and CSO, Mutual of Omaha Bank.
How Risk Tolerance Affects Core Systems Replacement
News  |  4/13/2010
Risk aversion can significantly affect the way a financial institution approaches large scale projects, such as core system replacement, says Fred Cook, CIO, North Shore Credit Union.
Perspectives: Core Systems Replacement
News  |  4/13/2010
Industry Experts discuss how the financial crisis has reinforced banks' need for modern core systems and what the key factors are to core replacement success.
Core Systems Replacement Becoming a Competitive Imperative
News  |  4/13/2010
The need to meet consumers' real-time service demands, and to adapt quickly as those expectations change, is driving many banks to replace their aging legacy systems with modern, flexible cores.
Q&A: ATB's Ken Casey Discusses End-to End Core Replacement Project
News  |  4/13/2010
Ken Casey, ATB's EVP of major initiatives, discusses the business drivers behind the bank's end-to-end core system replacement project and how it intends to realize a return on its major investment.
Press Releases Issued by Bank Tech Vendors are Now My Favorite Reads
News  |  4/13/2010
There was a time about five years ago and more when I would delete an online press release just by the sound of its title. Now, not only do I read them all, but I catalog them, file them for future use, and drill down to create more research than the vendor saw fit to include. It's a lot of work, but it pays off if increasing one's knowledge is the goal.
Sacombank’s Rip-and-Replace Turbo-Charges Branch Expansion
News  |  4/9/2010
Sacombank’s core system replacement transforms the Vietnam-based bank into an agile institution built for rapid growth.
Lookin' For Growth in All the Wrong Places
News  |  4/6/2010
Last week I covered the subject of diminishing growth among the top six bank tech vendors, based on the banking crunch and the weaknesses of the economy. This week I see a long term problem for bank tech companies and that is an absence of new technologies. Because my definition of "new" may not match that of others, I want to include my five-year buffer period. If it was introduced within the past five years, I call it new because bankers are very slow in gearing up to adopt new technologies. W


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