Leveraging Data and Analytics to Circumvent Legacy Systems Challenges February 13, 2014With new data and analytics solutions banks may be able to improve their product development and speed-to-market, and put off the question of a core replacement indefinitely. HCL Technologies, CSC Form Strategic Partnership January 16, 2014The two companies are partnering on a delivery network to help companies move to the cloud.
Legacy Core Systems: The Biggest Obstacle for Bank Digital Strategies November 21, 2013A recent global banking survey by PwC highlighted a number of challenges for banks in pursuing a digital strategy. Bank of America: Building A Sleeker, More Efficient Bank October 08, 2013Bank of America's Bridget O'Connor oversaw a huge legacy system conversion while also fashioning the bank's branches for the future. Want to Grow Your Bank? Embrace These 3 Mandates August 23, 2013Advisory firm KPMG released a report highlighting challenges and opportunities banks face in the current business environment. Antiquated Systems and Lack of Data Undermining Stress Tests August 20, 2013A recent Fed report noted several issues - including some data and IT deficiencies - that are leading to inaccuracy in banks’ stress tests. New ACI Platform Aims to Help In Adapting to Change in Payments April 23, 2013ACI Worldwide’s new payments platform targets the difficulty banks are having in updating aging legacy systems to deal with new changes in the payments market. Business and Technology Change Capabilities Primed for Outsourcing, Paper Argues April 08, 2013Banks who 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. The Impending Modernization of Your Banking System: You Can't Afford to Wait! April 05, 2013Although legacy systems replacement is a major undertaking for any bank, the global banking industry could regain a significant proportion of the profitability lost during the financial crisis by adopting modern core systems. Transforming Banking Core Systems: Lessons from Busey Bank April 01, 2013Busey Bank moved its core systems into the cloud, creating efficiencies and preparing for growth. Here's what banks can learn from Busey's conversion. 8 Model Banks of Note March 01, 2013Analyst and research firm Celent recently hosted its annual model bank awards. Here we highlight some of the notable winners. 4 Areas of Focus for Competitive Advantage in Banking in 2013 January 11, 20132013 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. The Core Systems Dilemma December 10, 2012Banks looking to upgrade or replace legacy core systems have a choice: Do it all at once or gradually. Many factors go into deciding which is better for a specific bank. Core System Modernization Makes Customer Centricity Possible December 05, 2012Core bank systems have to do more than just run the business. They're now the foundation of transformation and competitiveness. The Case For ‘Progressive Renovation’: Legacy Systems Are Not Equipped for Today’s Multichannel Banking December 04, 2012The emergence of new disruptive market entrants is forcing banks to accelerate their core systems modernization efforts. Growth and product innovation hang in the balance. Core Banking Systems Winners And Losers December 03, 2012Don Free, research director at Gartner, shares his views on how the core vendor market is changing, and what banks and vendors must do to stay competitive, with BS&T associate editor Jonathan Camhi. Guaranty Bank Adopts Saas-based System for Payroll November 01, 2012Guaranty Bank drives down payroll errors and restores employee confidence by adopting Ceridian's Dayforce SaaS-based system. The 'Cool' Factor: How Banks Can Attract Top Candidates to the IT Workforce October 03, 2012Bank CIOs are going to have to work harder to recruit the best IT talent as the importance of technology in banking continues to increase. We ask some of this year's Elite 8 how bank tech leaders can attract the IT workforce of the future. ELITE 8 2012: Prashant Nema Lives Up to Great Expectations September 26, 2012Silicon Valley Bank CIO Prashant Nema knows his bank must be at the forefront of technology -- because all of its clients are there, as well. One way the bank stays ahead of the curb is through its technologists' collaborative work with many clients to pro ELITE 8 2012: Prashant Nema Lives Up to Great Expectations September 26, 2012Silicon Valley Bank CIO Prashant Nema knows his bank must be at the forefront of technology -- because all of its clients are there, as well. One way the bank stays ahead of the curb is through its technologists' collaborative work with many clients to pro