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BRACING FOR FINANCIAL REFORM Arthur Johnson, CEO, United Bank of Michigan Will Regulatory Turmoil Be the Death of IT Innovation? Washington has taken a strong stand on financial reform, and bankers say they understand that. But already-burdened technology organizations will have a hard time keeping up with the flood of changing requirements, and innovation may be the first to fall victim. Banks Ponder the New Normal of Risk Management Regulators are calling for simplicity, but the financial world calls for ever more complex risk management and analytics, according to Dana Wiklund of IDC Financial Insights. Banks Must Go Beyond the 'Compliance-Only' Mind-Set In the efforts to comply with new regulations, there's also opportunity for banks to cut costs and become more efficient, says Chris Thompson, head of Accenture's global banking risk management practice. How Banks Can Become 'Too Smart to Fail' Microgen's David Sheriff offers four steps large banks can take to avoid being shrunk. CASE STUDIES KeyBank Prints Less, Saves $2.5 Million Cleveland bank has already saved $2.5 million in reduced printing costs through the use of print tracking and reporting software. Insight Bank Cuts Costs in the Cloud Insight Bank uses SaaS-based Egnyte for secure document sharing at one-sixth the cost of a packaged solution. EXEC WATCH Q&A: Sean Kelley, Deutsche Bank CIO, Believes Banks Belong in the Cloud As chairman of the Enterprise Cloud Leadership Council, Deutsche Bank's mSean Kelley is working to develop requirements and standards for cloud providers. |
FROM THE EDITOR Is BP Too Big To Fail? Even as the debate continues over the degree of systemic risk presented by very large, complex global organizations, a new corporate crisis has emerged to illustrate the difficulty of resolving this issue. Only this time it doesn't involve a bank. SPECIAL REPORT 2010 Bank IT Salary Survey Results Bank technology professionals who survived the turmoil of the past few years are about to be rewarded with compensation increases over 2009 levels. An exclusive 2010 InformationWeek Analytics survey breaks down the industry's IT salary trends. EXECUTIVE Q&A Citi's Jon Beyman on IT Talent Jon Beyman, managing director of operations and technology for Citi's global institutional client group, discusses the ongoing search for IT talent in financial services and the dangers of the U.S > falling behind other nations in technology development. SOCIAL MEDIA Citi, USAA Execs Share Social Media Best Practices Social media can be scary for banks. Industry pioneers in the space offer 5 tips to help other bankers improve their social (media) lives. MOBILE PAYMENTS Wells Fargo Expands Popular Small Biz Mobile Banking Program The bank has been seeing double-digit growth every month for for its small business mobile banking offering and has been rolling out new options for it. ONLINE BANKING BofA, Citi Named Best of Big-Bank Websites Forrester report shows the top six U.S. banks' websites have room for improvement. SOURCING WATCH The Pros and Cons of Vendor Leveraged Buyouts Leveraged buyouts can help or hurt the target company, notes Bradway Research's Bill Bradway, who advises banks to eye LBOs of their tech providers with caution. PAYMENTS WATCH Consumer Payments Flat, But Poised for Growth, IDC Survey Finds Same-day bill payment, mobile payments and prepaid cards are promising areas, according to IDC. RISK WATCH Banks Beef Up Data Security in Spite of Tight Budgets Budgets may be tight, but banks can't afford not to spend on information security, reports Matt Mancuso, Ernst & Young. THE INNOVATION FACTOR How Banks Can Help Clients Meet Healthcare Reform Requirements Banks can play a critical role in helping healthcare providers leverage technology to meet regulatory requirements while streamlining their payments workflow, asserts Fifth Third Bank's Stuart Hanson. |
