Being a bank CIO today is perhaps more difficult than ever before. Increasingly, the technology side of things is becoming more integrated into the overall business; IT is no longer just a shop that sits "over there" and fills orders.
Today's bank CIO is more fully involved in the overall direction of the business. In addition to solving technology problems, CIOs are integral in developing new products and services. In fact, some say the roles of CIO and CMO are blending, or at least becoming more aligned.
The bank CIO also has to help his or her organization deal with an increasing regulatory burden, while at the same time figuring out how to drive innovation to meet consumer demand and changing behavior. And un-layering years of legacy systems and infrastructure to reduce costs and drive efficiencies is a critical job component as well.
Each year, Bank Systems & Technology honors the most innovative and successful bank CIOs and line of business heads in our Elite 8 awards. If a technology executive in your organization, or a client you work with, is doing industry-leading work, we want to know about it. [Click here and fill out our online Elite 8 nomination form and let us know. Help us recognize the best of the best.]
Bryan Yurcan is associate editor for Bank Systems and Technology. He has worked in various editorial capacities for newspapers and magazines for the past 8 years. After beginning his career as a municipal and courts reporter for daily newspapers in upstate New York, Bryan has ... View Full Bio