Journal of profits Banking and Commerce An open access Internet diary (http://www.arraydev.com/commerce/jibc/) Journal of Internet Banking and Commerce, April 2011, vol. 16, no.1 (http://www.arraydev.com/commerce/jibc/) The 4 Cs of Core Banking ERIK BOGAERTS managing director, Callatay & Wouters, Brussels, Belgium Postal Address: pathway de Tervuren 226, 1150 Brussels, Belgium Authors personal/Organizational Website: http://www.cw-thaler.com Email: erik.bogaerts (at) yahoo.com As a manager and Partner at Callatay & Wouters, Erik Bogaerts is responsible for driving in-house innovation and crinkle development initiatives. Eriks main focus lies in identifying and developing cross client account initiatives and fostering the Thaler community amongst Callatay & Wouters customers. With all over 17 years in the banking industry, Erik has realized a kindred and successful track record in the management of prominent scale and complex banking IT implementation projects ,for i nternational clients, as head as launching business development activities at a number of C&Ws overseas offices across Asia and Europe. Abstract determination the scoop way to tackle legacy core systems has re-emerged as a key topic of debate among banks, from top class world(a) players to smaller, domestic institutions.
With their vast, fragmented architectures, banks legacy systems are typically inapt and lack the agility required to suit to todays business and market needs. Factors such as evolving customer expectations, emergent regulations and the need to enter bare-ass geographies or launch impert inently products require banks to have flexi! ble systems that can continually line up to support their evolving business needs. With legacy systems so far having failed to condition these changing requirements, this JIBC April 2011, Vol. 16, No.1 -2- article discusses why banks should consider four gelid aspects to make their core banking systems more efficient this year: componentisation, passing(a) play back to the core,...If you want to get a ample essay, site it on our website: BestEssayCheap.com
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