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Re: Bank Mergers and Data Integration: Survival of the Boldest
Posted by: Jim Gahagan 2009-01-22 22:23:39
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Spend wisely and be bold, or stay home and keep cover. In 2009, these are the choices IT professionals at banks and financial institutions will face. While the current economic turmoil has many running for cover, hiding your head in the sand will not protect your company from these tough times. As 2008 has shown us, mega-mergers and near failures are around every corner. Your customers need only read the recent headlines to begin to reconsider their banking relationships.
I like the motto: "Spend wisely and be bold, or stay home and keep cover". This seems to be defining the current market situation. All industries have been affected by the ongoing crisis and most financial companies are starting to invest more and more in Business Process Outsourcing.But do you think BPO can help the crisis affected market? We’ve put together a White Paper regarding this issue: http://www.outsourcing-factory.com/en/stay-informed/white-papers/bpo-financial-crisis.html . Looking forward to hear your professional opinion on this topic.
