TITLE

Citi Said to Be First Big Bank in Core Overhaul

AUTHOR(S)
Wolfe, Daniel
PUB. DATE
February 2010
SOURCE
American Banker;2/8/2010, Vol. 175 Issue 20, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on Citigroup Inc.'s 2010 decision to switch its entire North American banking operations to a core processing application from Fidelity National Information Services Inc. A discussion of the benefits that banks gain from upgrading their core systems is presented. Reasons that banks have for not upgrading their core systems are discussed.
ACCESSION #
47992759

 

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