Journal of network 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: avenue de Tervuren 226, 1150 Brussels, Belgium Authors personal/Organizational Website: http://www.cw-thaler.com Email: erik.bogaerts (at) yahoo.com As a managing director and Partner at Callatay & Wouters, Erik Bogaerts is responsible for driving in-house innovation and contrast development initiatives. Eriks main focus lies in identifying and underdeveloped cross client account initiatives and fostering the Thaler community amongst Callatay & Wouters customers. With over 17 years in the banking industry, Erik has realized a analogous and successful track record in the management of impressive scale and complex banking IT implementation pr ojects ,for international clients, as mind 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 point world(a) players to smaller, domestic institutions.
With their vast, fragmented architectures, banks legacy systems are typically unwieldy and lack the agility required to suit to todays business and market needs. Factors such as evolving customer expectations, cost increase regulations and the need to enter bare-ass geographies or la unch sweet products require banks to have f! lexible systems that can continually correct to support their evolving business needs. With legacy systems so far having failed to stimulate these changing requirements, this JIBC April 2011, Vol. 16, No.1 -2- article discusses why banks should consider four glacial aspects to make their core banking systems more efficient this year: componentisation, tone ending play back to the core,...If you want to get a total essay, site it on our website: OrderCustomPaper.com
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