Todd Larson, CIO, Sentinel Benefits & Financial Group
Over the past few decades, the financial services industry as a whole has been witnessing a proliferation of pooled investment products. That revolution istransforming the manner in which people invest, firms distribute, and operate.
Kevin Guenthner, CIO & Chief Strategy Officer, First Interstate Bank
Cloud computing holds the same benefits for banking as it does with other industries. Cost, scalability, flexibility, and ease of deployment are among the most obvious benefits.
Nuria Simo, CIO, Inter-American Development Bank
For a long time, the public sector has been perceived as bureaucratic, and resistant to change. Moreover, it is surrounded by private sector organizations that are able to deliver results and measure their performance faster and more clearly.
Ron Dinwiddie, CIO, Texas Trust Credit Union
Being in a heavily regulated industry, we have an obligation to comply. It is understandable that the regulatory burden often leads some to consider doing the bare minimum to get through the next audit.
Gary Kern, CIO, MutualBank
Banking scenario has been travelling through tremendous technological changes over the years and the companies are becoming more equipped to provide banking and customer services at an enhanced level.
Michael Noftsger, EVP Bank Administration, Forcht Bank
Growing up in the 1970’s and 1980’s, I remember my first experiences with technology. It was a big deal when my bank provided me with an ATM card and I could take money out of my savings account via a machine.
Alexey Utkin, Financial Services Practice Leader, DataArt
The banking industry faces many challenges today, including an increasingly strict regulatory environment, greater demands for transparency, rising customer expectations created by modern technology such as mobile communications.
Alan Royal, Head of Technology Innovation & Business Transformation, Strategy CIO
Recently, posted on TechCrunch, was the announcement that Goldman Sachs launched “GS Bank, a virtual bank with a $1 minimum deposit.” As this announcement was not largely picked up by the mainstream media, it was largely shared via social media.
Bassam Alousi, Director-Technology, White Clarke Group
Due to the global finance market regulations, Banks and Financial Institutions are forced to comply with several regulatory requirements. In the past, these regulatory requirements were specific to the Banking and Financing Organizations.
John Itokazu, Chief Information and Operations Officer, Union Bank
The demand for technology continues to accelerate. Today, people see immediate value in what technology can do for them and they expect immediate results.