Leveraging hosted middleware services to deploy valuable new services quickly and easily
AbstractIn today’s highly competitive environment, financial institutions will be hard-pressed to fund capital investments, system upgrades, new projects, state-of-the art infrastructures, and ultimately new products and services. They will, however, be expected to grow their businesses in the double digits! To succeed, business owners need to capitalize on stores of information that have long sat dormant, inaccessible. By bridging information housed in disparate infrastructures and delivering it to customers on demand in the format the customer wants it, financial institutions will be able to acquire new customers and retain existing customers — thereby achieving double digit growth and leapfrog the competition. Hosted middleware is an emerging technology which is already being deployed by major financial institutions to achieve these objectives.
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Bibliographic InfoArticle provided by Capco Institute in its journal Journal of Financial Transformation.
Volume (Year): 17 (2006)
Issue (Month): ()
Contact details of provider:
Postal: 120 Broadway, 29th Floor New York, NY 10271
Phone: +1 212 284 8600
Web page: http://www.capco.com/
Hosted middle-ware; banking operational excellence; outsouring; BSP; ASP;
Find related papers by JEL classification:
- G20 - Financial Economics - - Financial Institutions and Services - - - General
- O31 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
- O32 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Management of Technological Innovation and R&D
- O33 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
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