What technologies and strategies can banks employ to gain flexibility and improve speed to market?
Manchi, MPI Professionals: Banks should leverage current regulatory compliance initiatives and other related internal drivers to make the most out of the data collected. They should specifically design and develop databases to take advantage of MIS capabilities; functionality should address the business intelligence aspects of customers, segments, product/service profitability and ever-increasing regulatory compliance requirements. Rygwalski, Exigen Group: CIOs and business executives need to leverage information and best practices across lines of business and employ modern technology to facilitate this. It’s a question of how to leverage existing systems with new technologies like BPM to facilitate new business initiatives and speed to market. BPM is simply software and integration services. Business process optimization is what banks really need. This means aligning people, processes and IT to maximize financial return. Shannon, Metavante: Banks today must have flexible, integrated t
