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Amid the growing complexity of vendor management issues, banks need to take a qualitative approach to making sure the vendor is meeting their needs.
As financial institutions debate whether they need to move their computing functions to “the cloud,” five considerations should influence their decision.
Banks under stress from declining fee income can turn the tide by leveraging the capabilities of their often-forgotten treasury management operations.
Banks located in earthquake-prone zones stress the importance of a multi-pronged disaster recovery plan that is continually updated and communicated throughout the organization.
Cleansing data can help an institution cut expenses and operate more efficiently.
Aging programmers' knowledge of Cobol and other computer languages will not be easy to replace. Large banks relying on in-house systems need a succession plan.