TECH DIGITAL RESOURCE LIBRARY

Metavante Corporation

Metavante Technologies, Inc. (NYSE:MV) is the parent company of Metavante Corporation. Metavante Corporation delivers banking and payments technologies to approximately 8,000 financial services firms and businesses worldwide. Metavante products and services drive account processing for deposit, loan and trust systems, image-based and conventional check processing, electronic funds transfer, consumer healthcare payments, electronic presentment and payment, outsourcing, and payment network solutions including the NYCE Network, a leading ATM/PIN debit network. Metavante (www.metavante.com) is headquartered in Milwaukee.

Our Website: http://www.metavante.com


Latest Content From Metavante Corporation

Whitepaper: Building a Scaleable Banking Organizaton

by Metavante CorporationJun 01, 2009

Compensation expense accounted for about 44 percent of operating costs for the U.S. banking industry as a whole through March 31, 2009. It is, by far, the largest controllable expense category in most financial institutions and is an obvious target for potential savings during an economic downturn. True to form in a recession, overall employment declined by nearly 98,000 full-time equivalent positions, or 4.4 percent of the workforce, in the last 12 months in U.S. banks. Total compensation expense increased by just one-half of a percent year-over-year. During that same period, assets and deposits in FDIC-insured institutions increased percentage points by 1.3 and 4.5 respectively. Whether these reductions in force are aligned with changes in transaction volumes and declining demand for customer service is not at all clear, regardless of the increase in loans and deposits. Herein lies the potential of damaging the banking franchise if poor decisions are made about staffing in this environment. As the economic slide continues, three types of reactions across the industry are notable. This paper reviews industry trends in staffing, balance sheet composition and personnel productivity and explores the key steps to building and maintaining a scalable business model. These steps will position banks to respond effectively to changes in business volumes while satisfying profit objectives.


Whitepaper: Creating Unique Financial Solutions from Existing Banking Applications

by Metavante CorporationMar 01, 2009

The high-tech industry has attempted to address the banking industry�s need to speed product development. Accomplishing this means getting solutions to market faster, simpler and cheaper, not to mention in a more usable state. Differences between schools of thought can be subtle, and identities sometimes blur making comparative analysis confusing.

An alternative to programming fads and trends builds on the principles of service-oriented architecture (SOA). This paper will present the option of the Application-Centered Building Block approach. This approach advocates use of fully realized applications as components that can be placed together to form unique composite applications. These functionally capable systems are easily integrated and are quite scalable in anticipation of organizational growth. Among their benefits are process improvements, efficiency gains and a friendlier overall experience for bank employees and customers.

A working example of this development method is discussed in the case study at the end of this paper.