Capital One IT Overhaul Powers Digital Strategy - InformationWeek

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4/2/2014
12:00 AM
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Capital One IT Overhaul Powers Digital Strategy

The bank, No. 2 on the InformationWeek Elite 100 ranking, beefed up its IT development to outpace the competition.
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Competing with top tech companies for IT talent is a 'significant challenge,' says CIO Alexander.
Competing with top tech companies for IT talent is a
"significant challenge," says CIO Alexander.

1 of 2
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simontemplar01
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simontemplar01,
User Rank: Apprentice
4/13/2014 | 8:07:16 PM
Not so fast
Capital One has the worst repitation here in VA. Their IT division uses and abuses workers then every two years brings in IT workers from India, Not only have I had personal experience with this as a developer but many friends also every two years the go on a big hiring spree and then a year later when the visas open up they go on a layoff  party. There is an apartment complex that Capital One has set up just for this. So I have no sympoathy for them.
Li Tan
50%
50%
Li Tan,
User Rank: Ninja
4/2/2014 | 9:21:28 AM
Re: Time
Very good article - as IT department in banking, you need to embrace the change instead of using the traditional way to deal with new problems. Normally IT department is defined as support function. But the business environment changed so that we need to advance in IT area to boost business growth. In this case, IT department in banks needs to have strong implementation and development capability instead of just doing maintenance work - it needs to drive and exectue changes.
Madhava verma dantuluri
50%
50%
Madhava verma dantuluri,
User Rank: Apprentice
4/2/2014 | 7:10:20 AM
Time
Its time to step up and expand towards change. Good article.
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