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News & Commentary
Content tagged with Management Strategies posted in September 2008
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Can't Stand the Heat Of Banking? Try the Heartland
News  |  9/30/2008
Even though I wasn't looking for any special geographic influence in a recent analysis of bank IT spending habits, it became clear that the good news I was collecting was mostly from banks in the Midwest. In fact, 47 percent of the surveyed audience did business in the Heartland of America.
McLeod keeps BankPlus punching above its weight.
News  |  9/28/2008
Dave McLeod, BankPlus
Dave McLeod is quick among community banks to adopt technologies that help win and keep customers: from mobile banking and remote deposit capture, to major network upgrades, behind the scenes. Dave McLeod, executive
Ed Mulligan of The Bank of New York Mellon Brings Two Behemoths Together
News  |  9/28/2008
Ed Mulligan, The Bank of New York Mellon
As Ed Mulligan integrates the data processing operations of two newly merged banks, he continues a best practices approach, incorporating the ITIL, virtualization, energy conservation and the latest th
Anita Sands joins the transformation team at Citi, having refashioned RBC, Toronto, as a Web 2.0 organization
News  |  9/28/2008
Anita Sands, Citi
Dr. Anita Sands draws on her eclectic education in physics, software and management to help organizations ensure a successful organization today becomes what is needed to be a successful organization tomorrow. Anita Sand
James Yee Brings Some Cap Markets Experience to Bank Tech
News  |  9/28/2008
James Yee, Union Bank of California
When James Yee left the capital markets space and joined Union Bank of California as CIO, he saw his mission was clear-to create a top-notch IT shop that took advantage of all that new technologies had to off
Citi's Steven Kietz Puts Himself In Customers' Shoes When Designing Mobile Products
News  |  9/28/2008
Steven Kietz, Citi Global Consumer Groupk
Coming from a marketing background, Steven Kietz knows the importance of putting the customer first when designing any new product offering. As the head of Citi's Mobile Money Ventures, Kietz is help
Shane Loper Makes Hancock Bank Model for Disaster Recovery
News  |  9/28/2008
D. Shane Loper, Hancock Bank
Shane Loper talks about his experiences in rebuilding Hancock Bank's entire IT infrastructure after Hurricane Katrina. But for him, getting the bank back online was also about helping people regain some semblan
Deutsche Bank's Mary Campbell Talks SEPA
News  |  9/28/2008
Mary Campbell, Deutsche Bank
Being charged with overseeing the SEPA transformation for one of the largest financial institutions in the world is no small task. Deutsche Bank's Mary Campbell discusses what was involved, along with providin
First California Bank's Sara Pelaez Masters Core Conversions
News  |  9/27/2008
Sara Pelaez, First California Bank
As SVP and CIO at First California Bank, Sara Pelaez has overseen multiple core systems conversions, enhanced architecture and is pursuing "green" computing strategies - all geared to supporting the bank's
The CIO: Then and Now
News  |  9/25/2008
BlackBerrys, iPods, iPhones Among Bank CIOs' Favorite Gadgets for Work, Play
News  |  9/24/2008
BS&T's Elite 8 indicate that the BlackBerry is the boon -- and bane -- of every bank technologist's life.
Mobile Banking Just One of Many Successes for BankPlus, a Small Bank With Big Ambitions
News  |  9/24/2008
Dave McLeod listens to the concerns of BankPlus' employees and customers, and finds a cure for whatever ails them.
Sara Pelaez, First California Bank, Masters Core Systems Conversions
News  |  9/24/2008
As a lead partner in supporting First California Bank's aggressive growth strategy, Sara Pelaez has overseen more core systems conversions in four years than most CIOs handle in their careers.
Sabbaticals: Still a Rarity in Business But Becoming More Common
News  |  9/24/2008
It is the best of times in the worst of times for the harried financial CIO to take a sabbatical, argues former BITS CEO Cathy Allen.
Citi's Kietz Says Customer Experience Makes the Difference in Mobile
News  |  9/23/2008
Citi's new m-banking venture allows 'intrapreneur' Steven Kietz to put the customer into every step of the product development process.
UBOC's Yee Institutes Major Change Initiative to Bank's IT and Culture
News  |  9/23/2008
James Yee made the transition from the securities industry to the commercial banking industry, bringing to Union Bank of California a plan to shake things up — capital markets-style.
Not Content to Rank No. 1 in Candian Banking Today, Sands and RBC Look to Tomorrow
News  |  9/23/2008
As an official agent of organizational change, Anita Sands shifts quickly, helping move financial services in Web 2.0 time.
Loper Rebuilds Hancock Bank's IT Infrastructure After Hurricane Katrina
News  |  9/23/2008
Shane Loper shows his mettle in bringing Hancock Bank back from the brink after Hurricane Katrina and helping rebuild lives.
Campbell's Leadership Helps Ready Deutsche Bank's Payments Infrastructure for SEPA
News  |  9/23/2008
Mary Campbell orchestrated the perfect harmonization of Deutsche Bank's IT systems to make the bank a leader in SEPA-compliant services.
Mulligan's Lead Helps Bank of New York Mellon Go Green and Lean Through Consolidation and Virtualization
News  |  9/23/2008
Ed Mulligan has taken The Bank of New York Mellon to new technological heights, with an expectation of 'outperformance.'
Introducing BS&T’s 2008 Elite 8 -- The Most Innovative Technology Executives in Banking
Commentary  |  9/23/2008
Now in its fifth year, Bank Systems & Technology's annual report on banking's most innovative and effective technology executives has been expanded to profile eight outstanding bankers.
Industry Insiders Assess the Challenges Facing Today’s Banking CIOs
News  |  9/22/2008
The current turmoil facing the industry will only increase the demands -- and scrutiny -- on bank CIOs.
The Banking World Just Got a Bit More Crowded
News  |  9/22/2008
As if banks didn't have enough to worry about with new competitors, now it turns out the once hallowed investment banks Goldman Sachs and Morgan Stanley are metamorphosing into depository institutions to keep out of the trouble that's plaguing the industry.
Sibos Themes: Openness, Hope ... and Anxiety
News  |  9/17/2008
During a week when commentators seriously debated whether or not the United States financial services industry could survive, conversations I had at Sibos tended to be, if not optimistic, at least somewhat hopeful about some of the less-publicized trends in banking.
Banking Dirt Dished in... New York?
News  |  9/16/2008
Readers, how about we start a venture like that book-publishing series inspired in its simplicity, 'Overheard in _____' fill-the-blank capital city?
A Private Equity Analyst Must Have had Thanksgiving Dinner With a Meteorologist
News  |  9/16/2008
Three years ago, Silver Lake Partners (a combination of six investment firms whose names are as familiar to Wall Street as Kellogg's is to cereals) bought SunGard. I knew nothing about the deal except that SunGard Availability Services and SunGard BancWare are "residents" of my report, "Automation in Banking." Sometimes I can predict acquisitions before the first spreadsheet is conceived, but not this time. So following is my own frivolous account of how this acquisition came about.
Stormy Weather at Sibos and Across Financial Services
News  |  9/16/2008
The raw, rainy weather in Vienna serves as a metaphor for the bleak feelings of many attendees at this year's Sibos payments conference, which is taking place during what is commonly being called a meltdown, crisis, or, as Martin Wolf, chief economics editor of the Financial Times, described it when he kicked off Monday's opening session, "an extraordinary moment in financial history."
Brokers Banks Once Feared They Now Own
News  |  9/15/2008
Ten years ago many bankers feared and envied Merrill Lynch as much as they did Charles Schwab & Co., as entities encroaching into the business of Main St. banks. Since 1999, when Depression Era legislation that separated commercial and investment banking was repealed, ironically, some of the disintermediation commercial banks feared has gone the other way. Merrill, the world's largest brokerage, whose company logo was a bull, is now owned by a commercial bank.
B of A is buying who? Not a total surprise, on reflection
News  |  9/15/2008
Him: "Merrill Lynch has agreed to sell itself to Bank of America ..." Me: "-Merrill?! You mean Lehman Brothers." Him: "MERRILL." So ran the conversation in my home last night as my significant other read the breaking news headline from the New York Times. It was a shock since word was that Bank of America was likely to buy Lehman over the weekend. But on reflection, it wasn't shocking that if any bank had the money to shop right now it was Bank of
A Historic Day in Financial Services
News  |  9/15/2008
Good morning from Vienna -- I'm here to attend the Sibos payments conference, which opens this morning (Monday, Sept. 15).
Yegulalp
News  |  9/14/2008
News  |  9/11/2008
Reflections on Reengineering
News  |  9/11/2008
The sad news of the death earlier this month of Michael Hammer, the author, professor and analyst who made the concept of reengineering famous, caused me to reflect on how far organizations have come -- and how far they have to go -- in terms of standards of operating excellence. Today reengineering is a term and concept
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