Tag Archives: IT Investment

Your data is not as safe as you think it is

Eric Lindeen
By:  Eric Lindeen
On: April 25, 2012
Topics: Credit Risk Management, Fraud, Technology, Trends
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I attended a presentation by Kevin Mitnick, a well-known computer hacker turned security expert, last week. While the hacks and exploits he described may not be news to those in info security, I was personally surprised at both the ease and effectiveness of current hacking techniques. In his presentation, he ran a live demo demonstrating… Continue reading →

It’s a Great Time to be a Credit Risk Officer

Tom Johnson
By:  Tom Johnson
On: July 6, 2011
Topics: Credit Risk Management, Trends
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This feels like the worst advice ever. After the last three years of massive loan defaults and bank failures, nobody would say banks and other financial institutions have done a good job of evaluating risk. The public’s opinion of banks and credit risk officers may be as low as it has ever been. And, the… Continue reading →

To Decommission, or Not to Decommission, That is the Question

Warren Bauder
By:  Warren Bauder
On: March 8, 2011
Topics: Operational Efficiency, Technology
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I was recently asked how an enterprise architect can best determine which systems to decommission and which to upgrade. That is a big question to tackle because there are so many variables involved. First and foremost an organization must be very clear about the business objectives behind the effort.  In my experience, some of the… Continue reading →

Can You Tell When Vendors Over Promise?

Eric Lindeen
By:  Eric Lindeen
On: January 31, 2011
Topics: Operational Efficiency, Trends
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I’ve heard a few stories lately of projects sold that either exceeded a vendors’ ability to deliver or the solution completely missed the goals of the institution. We all hear stories of IT vendors who overpromise and under-deliver. It is sad that this is more common today than most people would like to admit. It… Continue reading →

Technology: Hero or Villain?

Tom Johnson
By:  Tom Johnson
On: February 18, 2010
Topics: Technology
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Recently American Banker and BTN picked up my editorial about getting back to business through intelligent IT investment. I’d like to share my take on technology as a hero or villain and get your perspective…

At a time when expense management, client acquisition and retention and risk management are crucial to not only success, but… Continue reading →

Technology: The Silver Lining in the Banking Crisis Series – Cost Reduction

Tom Johnson
By:  Tom Johnson
On: September 8, 2009
Topics: Operational Efficiency, Technology
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My first point here is that banks are not IT shops and should not try to be. They need to focus on their core capabilities and the things that differentiate themselves in the market. With new regulatory pressures projected to consume the majority of banks’ already diminished IT capabilities (I’m sure most of you have… Continue reading →

Technology: The Silver Lining in the Banking Crisis – Introduction

Tom Johnson
By:  Tom Johnson
On: August 11, 2009
Topics: Technology
Tagged: , , ,

Everyone knows the banking sector is in absolute chaos. But these challenging times bring great opportunity. In particular, automation and business practices once held captive by banking silos and politics can now be reviewed objectively. Massive IT layoffs and changing regulatory requirements have prompted a second look at legacy technology systems, opening the door to… Continue reading →