Moving Toward the Virtual Finance Organization

Crosby, Steve; Williams, Andy
December 2004
Bank Technology News;Dec2004, Vol. 17 Issue 12, p45
Trade Publication
The article focuses on Internet and other IP networks that are becoming a pervasive part of personal and business life because they offer substantial benefits including reduced costs, speed, flexibility and an open architecture. By IP-enabling the branch network and the whole business, operational costs can be greatly diminished. The cost base of the information technology infrastructure in the branches changes because it can be controlled centrally, and news-services and devices can quickly be added to the branches.


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