This IDC Financial Insights report provides an overview of the components of a next-generation bank-to-corporate connectivity solution. Institutions refreshing their connectivity solutions can use this research to understand the capabilities available today and why investing in a solution now may be important.
Many institutions devalue the direct channel and at the same time underestimate what it costs to support their current solution set. This is a business area that is benefitting from greater visibility now as banks take stock of their complete product portfolio — including connectivity. Fortunately, solutions that are currently in the market are far superior to old solutions. As institutions look to expand their commercial product set, they see the shortcomings of their connectivity solutions. This report provides some guideposts to the features to look for in a new solution. According to Jeanne Capachin, research vice president, Corporate Treasury Service and Spending Guides, "This is especially true for second-tier banks that cannot afford to hire specialists or invest in best-of-breed technologies like the global banks."
IDC Financial Insights: Bank Technology Management Strategies , IDC Financial Insights: Worldwide Risk and IT Infrastructure Strategies