TITLE

COST CUTTING IS THE NEW BLACK

AUTHOR(S)
Furlonger, David
PUB. DATE
April 2009
SOURCE
Bank Technology News;Apr2009, Vol. 22 Issue 4, p22
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the economic conditions of the banking industry in the wake of the financial crises in the U.S. It states that the impact of the financial crises on banks has been greater than expected and trust banks has been eroded to a degree that few have foreseen. Moreover, it notes that financial services chief information officers are telling that they will lengthen the replacement cycle for computers and servers for mission-critical such as securities trading.
ACCESSION #
37805939

 

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