Internet Banking

Journal of Internet 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 Director and Partner at Callatay & Wouters, Erik Bogaerts is responsible for driving in-house innovation and air development initiatives. Eriks main focus lies in identifying and underdeveloped cross client account initiatives and fostering the Thaler community amongst Callatay & Wouters customers. With oer 17 years in the banking industry, Erik has realized a uniform and successful track record in the management of spectacular scale and complex banking IT implementation projects ,for international clients, as fountainhead as launching business development activities at a number of C&Ws overseas offices across Asia and Europe.

Abstract
Finding the scoop way to tackle legacy core systems has re-emerged as a key topic of debate among banks, from top tier world(a) players to smaller, domestic institutions.



With their vast, fragmented architectures, banks legacy systems are typically bunglesome and lack the agility required to suit to todays business and market needs. Factors such as evolving customer expectations, rising regulations and the need to enter bare-ass geographies or launch new products require banks to have flexible systems that can continually adapt to support their evolving business needs. With legacy systems so far having failed to aim these changing requirements, this

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article discusses why banks should consider four pivotal aspects to make their core banking systems more efficient this year: componentisation, passing play back to the core,...If you want to get a full essay, site it on our website: Orderessay



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