Note: Less Isn't More

August 2009
Bank Technology News;Aug2009, Vol. 22 Issue 8, p1
Trade Publication
The article reports on the increase in the number of failed bank information technology (IT) projects in 2009 in the U.S. It is noted that the increased failure in bank IT projects is due to ressionary reductions in funding and personnel. According to senior research director Rodney Nelsestuen of TowerGroup, the issue with a bank's project is a failure to gather requirements at the onset.


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