Author Archives: George Colwell

Reducing Complexity with Magic Quadrants in Banking

I’m always amazed at the amount of faith placed in the content of Magic Quadrants. The identification, shortlisting, and selection of solutions based on an arbitrary position in the upper right hand quadrant has become a standard practice and an easy crutch in the “mitigation of risk”. The conviction that I have seen based on… Continue Reading

Quantifying Complexity – Changing the language not the conversation

For a mature bank the ability to address new requirements comes down to one thing; agility! To be completely clear I am in no way referring to the Agile software development method. What I am talking about is transforming a bank for quickness, lightness and ease of movement. In ongoing discussions I have been having… Continue Reading

Expanding the Definition of Core Banking – The Confluence of Big Data, PFM, and Real Time Offer Management

Core banking is, for me anyway, constantly evolving. What I mean by this is what I considered to be included in the definition of core banking has continued to expand as the financial services landscape changes and business and customers demand new services, functionalities, and nontraditional sources of new revenue. More and more I see… Continue Reading

An Immature Maturity – Integration Trumps Everything in Core Banking

  “Immature Maturity”; the term popped into my head and came out of my mouth as if the concept had been sitting there, unspoken for years. A client was wondering why a project, which by all indications should have been a slam-dunk, had virtually nothing to show for the millions already spent and current estimates… Continue Reading

Banking Enterprise Functionality – Why isn’t there an app for that?

Six decades into the computer revolution, four decades since the invention of the microprocessor, and two decades into the rise of the modern Internet, all of the technology required to transform industries through software finally works and can be widely delivered at global scale. A great quote from Marc Andreessen from his article Why Software… Continue Reading

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