Technology â The Core Service Differentiator for The ... - IDRBT
Technology â The Core Service Differentiator for The ... - IDRBT
Technology â The Core Service Differentiator for The ... - IDRBT
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<strong>Technology</strong> Acquisition<br />
Inappropriate technology purchases can be the<br />
root of all problems…<br />
<strong>The</strong> Bank management has to:<br />
• Give thought to the utilization rate<br />
• Avoid “knee-jerk” reactions (“they have done it…I<br />
should also do it”)<br />
• Be impartial in technology decisions (“I like that<br />
technology…I want it”)<br />
• Understand where the solution will fit AND where it<br />
won’t!<br />
• Assess the strengths & weakness of solution<br />
• And seek answer to “are we ready <strong>for</strong> it?”<br />
INSTITUTE FOR DEVELOPMENT AND<br />
RESEARCH IN BANKING TECHNOLOGY<br />
October 9, 2004<br />
Vepa Kamesam, Chairman <strong>IDRBT</strong>
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