Outsourcing

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  • Banks Must Approach Third Party Contracting Differently in Today’s Highly Regulated Environment
    By Michele Flynn, Hiperos, LLC | May 16, 2013
    Vendor management is becoming more important from a compliance standpoint as regulators scrutinize banks’ third-party relationships, and achieving that compliance begins with crafting a clearly defined contract.
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  • Making Regulation Work for You: How Banks Can Take Advantage of the New Rules
    By Alan Paris and Mahesh Muthu, eClerx | May 02, 2013
    Regulation offers valuable business opportunities for financial services firms in 2013 and well into next year.
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  • Business and Technology Change Capabilities Primed for Outsourcing, Paper Argues
    By Jonathan Camhi | April 08, 2013
    Banks that are looking to take the next step in IT outsourcing should look to their business and technology staff and resources, a new white paper from Capco suggests.
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  • The End of Indian IT Staffing as We Know It
    By Harichandan Arakali and Tony Munroe, Reuters | March 24, 2013
    India's IT outsourcers are promoting "mini CEOs" capable of running businesses on their own, while trimming down on the hordes of entry-level computer coders they normally hire as they try to squeeze more profits out of their staff.

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  • The New Ecosystem for Mobile: Technology Alliances for M-Payments and M-Banking
    By Eyad Hasan, EastNets | March 21, 2013
    Should banks view other service providers in the mobile payments market as friends or foes?
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  • 4 Areas of Focus for Competitive Advantage in Banking in 2013
    By Jim Eckenrode, Deloitte Center for Financial Services | January 11, 2013
    2013 may end up as "the year of regulatory implementation in banking," but compliance is not the only challenge facing banks that want to outpace the competition.
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  • 2013 Forecast: The Hot Technologies That Will Define Banking
    By Bryan Yurcan | December 14, 2012
    Cloud, digital payments and mobility will loom even larger in 2013, our panel of industry experts say.
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  • Cloud Growth: Strategy, Not Cost-Cutting
    By Kathy Burger | October 30, 2012
    Adoption of cloud and as-a-service computing models is accelerating in banking. While costs-savings may be the primary driver, increasingly the cloud is seen as a means of innovation and competitive advantage.
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  • Can the Cloud Ever Be Safe?
    By Bryan Yurcan | September 10, 2012
    Can banks trust their client data to the cloud? Absolutely, say the experts, who suggest financial institutions manage the risks of cloud-based services as they would outsourcing risks -- only with more caution.
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  • FFIEC Issues Cloud Outsourcing Guidelines
    By Bryan Yurcan | July 11, 2012
    The regulator says financial institutions must institute stringent controls if they are to use third-party cloud services.
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  • BNY Mellon Names New CIO
    By Kathy Burger | April 27, 2012
    BNY Mellon names Suresh Kumar CIO, to replace retiring John Fiore.
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  • U.S. Bank Picks Viewpointe's Hosted Solution OnPointe for Content Management
    By Kathy Burger | April 26, 2012
    U.S. Bank picks Viewpointe's hosted solution OnPointe for content management; Launches email governance and information management into the cloud.
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  • Banks Find Opportunity in U.S. Postal Service Woes
    By Reuters | March 28, 2012
    The U.S. bank industry, struggling to make the profits it used to, is using the struggles of another industry for its marketing: The U.S. Postal Service.
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  • 270,000 More IT Jobs Headed Offshore
    By Paul McDougall, InformationWeek | March 22, 2012
    Offshore outsourcing will continue at brisk pace for next four years, then ease up as automation replaces offshoring as a way for companies to save money, a new study says.
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  • 3 Steps to Building a World-Class Bank
    By Olivia LaBarre | February 28, 2012
    With global markets growing increasingly important to banks bottom lines, optimizing world-wide operations has become a business imperative. Here are three tips to help banks achieve world-class distinction
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  • Q&A: Antonio Massanell, Managing Director of CaixaBank, on Succeeding Globally
    By Olivia LaBarre | February 15, 2012
    Massanell discusses how Barcelona-based CaixaBank is meeting the challenges of globalization by driving efficiencies, innovating and forming strategic partnerships.
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  • IBM Signs $200 Million Deal with Ukranian Bank
    By Bryan Yurcan | February 09, 2012
    Big Blue will provide support for PJSC Ukrsotbank's information systems and applications.
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  • Westpac New Zealand and IBM Renew Strategic IT Outsourcing Agreement in 5-Year Services Deal
    By Kathy Burger | October 17, 2011
    Westpac New Zealand and IBM renew strategic IT outsourcing agreement in five-year services deal; new technology agreement supports bank's technology transformation program and is intended to improve service quality for staff and customers, lower risk, and support business agility.
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  • IBM Announces 10 Computing Deals with Central and Eastern European Banks
    By Kathy Burger | August 26, 2011
    IBM announces 10 computing deals with Central and Eastern European Banks -- contracts have combined value of more than $130 million; banks seek to improve operational efficiency and take advantage of mobile, Internet advances.
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  • Cognizant Selected by U.K. Regulatory Body to Support IT Systems
    By Bryan Yurcan | August 24, 2011
    The business processing outsourcer will support and develop systems to help the U.K. Financial Services Authority boost its efficiencies.
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  • Banks Displayed a Strong Preference for the Outsource Method of Core Processing in 2010
    By Art Gillis | August 02, 2011
    Regulatory change is driving more banks to consider outsourced core processing options.
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  • Q&A: MetLife Bank CIO on Outsourced Data Center Services
    By Kathy Burger | July 01, 2011
    MetLife Bank has embarked on an 18-month project to outsource data center operations to FIS and move all of its applications to an FIS-operated data center in Little Rock, Ark.
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  • What Does It Take to Create a More Competitive and Efficient Bank? Find Out at BS&T's 2nd Annual Virtual Event
    By Kathy Burger | June 21, 2011
    What does it take to create a more competitive and efficient bank? Find out at BS&T's 2nd Annual Virtual Event taking place Thursday, June 23; features presentations on organizational transformation, core systems strategies, collaboration, and customer relationship excellence.
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  • What Matters Most in Core Systems Vendors -- Experience or Modern Architecture?
    By Art Gillis | June 14, 2011
    For bank IT companies, the boundaries between U.S. core systems vendors and those based in other countries represent more than a physical separator in the pursuit of customers
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  • If There's a New Twist in Cloud Computing, Will Someone Tell Me What It Is?
    By Art Gillis | May 03, 2011
    Cloud computing appears to be the rage, except for the top six bank core vendors
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