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Further to my previous post calling for more SWIFT-style sharing of IT and back office among European Banks we now have (1) Deutsche Bank calling upon rivals to share investment banking technology; ...
The shifting landscape of providers offering banking services is likely to force the (till date) in-bred banking sector to make acquisitions outside, bringing in leaders with techno-business backgroun...
After five years of rehab, Citigroup has certainly figured out which side its bread is buttered and decided to go back to the old darling of banking, perhaps leaving the dealmakers licking their wound...
Europe, this patched up network of countries with different political and cultural backgrounds is of course hard to unite. But what’s taking so much time for European banks – creaking with costs, shud...
Fact #1: Revenue per Employee in 2011 dropped to half of their 2006 levels in 2011 for some top European investment banks. Fact #2: The EU FS sector will spend between €33.3bn-€50Bn over the next th...
Banking IT leaders need to think “Lean”. For nearly a decade, banking IT has been trying to transform from a back-office implementor to a business enabler. With banks almost always in crisis in the la...
European banks and their IT leaders will spend the next several months trying to run a virtual triathlon (for those interested in the real one, please Google “Frankfurt Ironman”) comprising: Achieve ...
The huge spend required for some of the compliance programs for European banks seems set to divide banks into two extremes: - small and medium banks who simply cannot afford it, and may decide to get ...
European banks are teeming with legacy platforms- inflexible, expensive, long time-to-market and ageing skilled workforce. Providers and package vendors who propose to change this are stuck given the ...
What's keeping Head of Payments/Cash Management at European banks awake at night? I take a first shot - no hard feelings- and request readers to add on: 1.) Some bloke in the boardroom asks me how we ...
European banks will need to start building a growth momentum to get them out of the sustained downturn. What are IT decision-makers and IT providers doing to help rev-up the GROWTH engine? What IT ini...