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News & Commentary
Content tagged with Management Strategies posted in November 2007
2008 Financial Services Outlook Delves Into Hot Banking Trends
News  |  11/28/2007
Bank Systems & Technology polled a cross-section of industry executives to come up with a preview of IT spending priorities and delved into some of the technologies expected to have the most impact on the business in the coming year.
Taking Its Lumps and Moving On
News  |  11/26/2007
Despite the subprime meltdown banks will continue to invest in certain IT areas, including front-end customer management systems, new-account opening processes, mobile banking and payments, and, of course, compliance.
Banks Do It, Home Builders Do It, Automakers Do It, Consultants Do It, And Now, Even Bank Tech Vendors Might Lay Off Employees For The First Time In History
News  |  11/26/2007
Fiserv has never had a layoff. Nor has Metavante, Jack Henry, Open Solutions, Harland Financial Solutions, Computer Services, Inc. or COCC. It's hard to tell if Fidelity National Information Services has had any layoffs because they selectively discharged redundant employees as they acquired like companies, and I'm not sure that counts as a layoff. Suffice it to say, bank tech companies have been constantly adding employees to satisfy a growth record that never dipped in over 40 years.
Not All Technology Predictions Come True
News  |  11/26/2007
Past experts had a hard time predicting the future of technology.
Shaping the Future
News  |  11/26/2007
Bank Systems & Technology's editors identify some notable industry movers and shakers with opportunities to make a difference in the banking technology world in the coming year.
Technology Executives Have a Need for Speed
News  |  11/26/2007
Our editors asked experts across the financial services industry to predict the hot technology topics for their sectors in 2008. Analytics, risk management and integration will top financial services IT executives' to-do lists in 2008.
Financial Institutions to Increase Spending Modestly On IT In 2008
News  |  11/26/2007
Technology spending by banks, capital market firms and insurers will be tempered by compliance and other market factors.
Is Your Bank's Web site Webby Worthy?
News  |  11/26/2007
Do you think your bank's Web site is the best out there? Well, now is your chance to gain some recognition for your online achievements.
Enhancing The Blog
News  |  11/19/2007
Last week's blog about large bank vs. small bank technology produced exceptionally good and meaningful feedback. I believe the three respondents added new dimensions to my message, and thus I want to make sure everyone sees the wisdom of the three gentlemen who commented.
RDS SPECIAL: The Next Generation of Online Banking
News  |  11/18/2007
Generation Y members and 22 million small business customers represent two huge untapped market that banks can reach through online banking.
RDS SPECIAL: SAP and CSC Form Alliance to Offer Banks Pricing Optimization Technology
News  |  11/15/2007
RDS SPECIAL: SAP and CSC Form Alliance to Offer Banks Pricing Optimization Technology
RDS SPECIAL: Capital One's Lynn Pike Outlines the Three Elements to Successful Innovation In Banking
News  |  11/14/2007
After an unsuccessful attempt to find a sandwich at lunch on Wednesday (Note to BAI: Next year, order more sandwiches), I wandered over to the large ballroom to hear Lynn Pike, president of Capital One, give a talk on innovation. Fine, a positive message like that could help take my mind off my hunger! And seeing the clips of the firm's well-known Visigoth TV ad campaign was good for a few laughs.
Heed the Call of Web 2.0
News  |  11/13/2007
The importance for banks in applying Web 2.0 is not just about marketing to a more technology-driven demographic (e.g. Gen Y). It is about not being disintermediated.
Big Bank vs. Small Bank - Which One Has The Best Technology?
News  |  11/12/2007
Once again, I first must confess to a bias before making this case. "Big" by itself has never impressed me. "Big and capable" is another matter. So when I tell you that small banks have better technology than the giants, I'm ready to defend my statement with facts.
The Greening of Financial Services
News  |  11/7/2007
Gartner offers logical tips for becoming a "green" FI.
Misys and Wipro Team Up to Serve Middle East
News  |  11/7/2007
Misys takes aim at growing Middle Eastern market with Wipro partnership.
Online Message Centers: The Wait is Over
News  |  11/6/2007
With improvements to online security, come options to improve customer service and reduce servicing costs.
How Important Is Wall Street When a Bank Selects a Tech Vendor?
News  |  11/6/2007
When I am called upon to assist a bank in the selection of its primary tech vendor, I pay attention to 814 tests. The price of the stock is not one of the.m
IBM and Grameen Team Up to Expand Microfinancing
News  |  11/5/2007
New effort with IBM will expand Grameen' Foundation's open source solution for microfinancers, potentially helpling the poor.
Banks Are Creating a New Kind of Customer Intimacy With Web 2.0 and Social Networking
News  |  11/1/2007
Banks increasingly are tapping into Web 2.0, including social networking sites, like Facebook and Myspace, to connect with young consumers in the ways they connect with each other.

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