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News & Commentary
Content tagged with Compliance posted in November 2008
The Bad Economy Is No Reason to Starve Your IT Budget
News  |  11/21/2008
Bank IT budgets are like an 800-pound gorilla-ya gotta feed 'em no matter what the economy does!
VIST Turns to Proofpoint to Update Email Security
News  |  11/19/2008
VIST reduces risk and improves competitive position with Proofpoint's e-mail appliance.
News  |  11/17/2008
It's Not Only the Economy, Stupid, It's The Maturity!
News  |  11/17/2008
I first became aware of banking technology in 1960. My company (Honeywell EDP) had sold a computer to the First National Bank of Boston (later Fleet Bank and now BofA), and that was a big deal because it was the bank's first semiconductor computer. Vacuum tubes were old technology. The new computer meant everything had to be reinvented-mainly applications software. It would be eight years before the late Ken Kirchman would introduce the novel idea of banking software for sale. So every large ban
Creating the Compliance-Enabled Organization: CEO
News  |  11/17/2008
By Steve Crutchley, Consult2Comply Successful businesses today are those that can be called "Compliance Enabled Organizations" or "CEOs." Having two CEOs-one a Chief Executive Officer, the other a Compliance-Enabled Organization-will help organizations manage their businesses more effectively. But what does "manage more effectively" actually mean?
Failed Banks May Not Have Had Failed Systems
News  |  11/11/2008
For reasons that I cannot fully explain, the quality of a bank and the quality of its IT systems may not necessarily correlate. For example, the three largest U.S. banks run on 40-year-old legacy core systems. Even though anything is possible these days, I don't believe Citi, BofA or Chase will fail. I should know about this disconnect situation because I used to work for a first-rate bank (eventually acquired at a 40 percent premium by BofA) but our systems were "also-rans" at best. I believe o
TitleVest Launches UCCtracker
News  |  11/6/2008


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