Outsourcing: Why Banks are Taking the Enterprise View

Bob Olson,  Executive Vice President, Carreker Corporation
Suzanne Sobol Case, Vice President, Deposit and Cash Management Services, State Street Bank

BAI TransPay Conference & Expo
February 13, 2007
Orlando, Florida
1:00 p.m., Room Wekiwa 8

There’s a new outsourcing enthusiasm in the banking industry, and it goes well beyond the traditional IT outsourcing.  Banks were among the first to perfect that concept by outsourcing IT.  But today, bank CIOs and CFOs are not just asking, Are we outsourcing?  They are saying, Tell me why X, Y, and Z cannot be outsourced.  They are hearing compelling case histories of banks that have saved millions of dollars through creative right-sourcing.  They are facing bank analysts who ask, What is your enterprise outsourcing strategy?  And they are seeing offshoring and outsourcing initiatives reflected in favorable trends in efficiency ratios.

This panel will describe why outsourcing is hitting a powerful stride in the banking industry and give evidence of its impact in many areas of banking.  

• The Captive Viewpoint – Years of Perfecting the Concept of “Still Yours, But Over There” 
• Operations and Payments Offshoring, and Float Rightsourcing:  Bob Olson, president of Carretek
• Over Here:  Advances in Onshore Outsourcing: Suzanne Sobol Case

BAI TransPay Conference & Expo

Contact: Ann S Cave
email: ascave@checkfree.com
phone: (678) 375-4039