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Content tagged with Infrastructure posted in June 2009
Consolidation of Bank Tech Companies Was Pretty Much a Non Event in 2008
News  |  6/30/2009
Let the stats speak to you. For the past 16 years, vendor consolidation was the place to be if you enjoyed the dynamics of "Who do you work for today?" The leader was Fiserv with 152 acquisitions. The average during that period among all bank tech companies in Automation in Banking, was 23 per year. Last year there were nine. One year was even lower than that with seven.
Want to Know What's Hot in Bank Tech? Ask a Broad Range of Unrelated People
News  |  6/23/2009
Section 3 of my report, Automation in Banking, is reserved for anything outside the box. Thirty-two other sections are inside the box and I don't apologize for that. There are still conventional things people want to know about bank IT that are very structured and good. I update the contents of the proverbial box every year and no one complains, especially about the 98 exhibits where numbers change and validate a situation more than words can.
77% of the Top 50 U.S. Banks Need Help, and I'm Not Talking TARP
News  |  6/16/2009
It has been 36 years since I had a corporate-type job. I'm now ready to get back into the labor force because the timing is perfect and the need at the top 50 is acute. After living with 45-year-old technologies, large banks have to face the reality of a much-changed world of banking requiring new tech innovations. I'm going to tackle that problem. I have convinced my wife that our CPA will take care of all household business matters and her financial security is intact. But the deal includes no
Six Major Challenges for Bank Tech Companies
News  |  6/8/2009
Look again, folks, it's not just the economy that's hurting bank tech companies. The economy will recover, but five other challenges linger for which Ben Bernanke cannot project an end date.
Solid State Drives Offer Quantum Leaps in Performance for Banks
News  |  6/2/2009
By John Cagle, HP Solid state technology, such as flash-memory, is a type of storage with no moving parts. When used as a disk drive, it provides a more reliable and higher performing alternative to traditional hard disk drives. Solid state drives (SSDs) have been in use for several years in laptops and, until recently, were associated primarily with consumer products and USB storage devices. However, solid state storage is taking a more prominent role in the enterprise computing marke


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