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Banks hoping for a successful new product roll-out need to roll up their sleeves and dig much deeper than the vendor’s statement of work.
The potential threats to be warded off via vendor risk management are more extensive than most bankers realize.
Environmental benefits or not, converting paper into electronic documents is bringing gains in both efficiency and customer service.
As banks grow larger, Internet portals proliferate: how to prune the redundancies to save money and reduce risk.
Amid the growing complexity of vendor management issues, banks need to take a qualitative approach to making sure the vendor is meeting their needs.
As financial institutions debate whether they need to move their computing functions to “the cloud,” five considerations should influence their decision.