National regulations and political decisions on risk management are becoming the primary concern of directors in U.S. financial institution boardrooms. While the government and regulators are concerned with systemic risk, boards of directors are expected to understand the institutional risks much more deeply than in the past to manage the changing regulatory and market landscape.
A white paper guide for determining when a best-of-breed solution is justified. Another way to think about the debate between core system suites and best-of-breed is the "productivity vs. integration" argument. The IT group at your institution will be very interested in – and concerned with – the amount of integration work, time, and expense that is required to implement a best-of-breed application. The issues to consider here include your levels of staff turnover, the complexity of the work tasks for individuals, and the need for flexible queuing and routing capabilities within the workflow.
Many executives and IT professionals at financial institutions today see the benefits of cloud computing, and how it can change the way institution’s interact with their customers and members. But getting your board to understand this technology and embrace it may be a challenge. In this white paper, we'll discuss key areas you must address with your board and provide guidance on how to explain each topic to a non-technical audience. The key areas covered include: the regulator's view, security of customer and member data, business decision, enhanced customer service and due diligence.
If there is one burning question that is keeping financial institution CEOs up at night, it is this: How can we increase loan volume and differentiate the bank from the herd of lenders in the market? Read more to find out.
As the first and only organization to build a cloud computing platform designed specifically for financial institutions, you can imagine the high volume of questions we receive. What is important for financial institutions to be aware of is that not all cloud computing solutions are created equal. So answers to questions that may seem general in nature are usually very dependent on the specific type of cloud computing solution. So while it would be difficult to write an FAQ on the topic of cloud computing, this white paper will provide very specific answers to the most frequently asked questions about the Compushare C3 cloud computing solution.
The financial services industry — and the world — has substantially changed. We’re a connected society, with Baby Boomers, Gen-Yers and Digital Natives alike all researching, buying and banking from the convenience of their homes and offices. Yesterday’s differentiators, like nearby branches or extended hours, have less relevance in this 24/7 omnichannel age. How can institutions build personal relationships with members and customers, even though many rarely set foot in the branch? How can financial institutions improve retention and regain a competitive advantage? Customer Relationship Management (CRM) is the answer.
As community financial institutions continue to evaluate cloud computing for their financial institution, there is still a lot of confusion and concern around the timing and benefits for regulated institutions. This white paper will evaluate the different types of cloud computing solutions available and help you determine which solution makes the most sense for your organization.