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Whitepaper: Core Mission: Solving the Core Systems Transformation Puzzle

by TechWeb, the Global Leader in Business Technology MediaJun 01, 2009

New financial services realities demand enhanced core functionality around risk, regulatory compliance and customer retention. To meet these demands while coping with a continuing global financial crisis and maximize the return on their technology investments, many banks are taking a phased approach to implementing new core capabilities. Three articles explore how some financial services firms are addressing their core systems issues: -- A Return to Core Values: Amid an economic downturn that is only beginning to show signs of a bottom, banks are reexamining their core systems, with a priority on phasing in capabilities to cope with new realities around risk, regulation and customer retention. -- Never Let a Crisis Go to Waste: There�s no better time for banks to reevaluate their core systems, according to Mike Barba, Manager, Information Risk Management Business, SMART Business Advisory & Consulting. -- Going for the Big Bang: HSBC Mexico taps CSC�s automated upgrade program to replace its core banking applications in one shot.