This white paper explores how the power of an information availability solution can unlock the latent potential of your IT environment and deliver new value for your organization. It includes an Action Worksheet to use in discussions with your IT executives.
Get the Facts on
Information Availability:
Essential Data Protection,
Recovery and Resiliency
for Banks
W H I T E P A P E R
What Every Senior Executive Should Know: Banking
It's probably not news to you that financial institutions, especially commercial,
retail, savings, and credit unions are undergoing tremendous change.
Analysts give the banking industry high marks for outperforming the general
economy over the last few years. They forecast even greater benefits as
economic activity picks up in the coming years.
As your efforts to cut costs and do more with less continue to deliver bottom
line results, the next phase will see increasing pressure to drive revenue
growth. Meanwhile, an unprecedented wave of new regulations and the
heightened awareness of corporate governance standards, greater investor
expectations and the need to make decisive value-producing technology
investments will impact your long-term competitiveness. Like all thriving
businesses, you're being asked to find and deliver new value while dealing
with the challenges of change.
What if you could immediately tap into the unused value that exists within
your IT infrastructure? This white paper explores how the power of an
information availability solution can unlock the latent potential of your IT
environment and deliver new value for your organization. It includes an
"Action Worksheet" to use in discussions with your IT executives.
Bottom line: If your bank can minimize or eliminate planned downtime, it
can free up specific, measurable (currently unrealized) potential that can
immediately support your revenue and asset growth, competitive
positioning, M&A plans and customer-facing initiatives.
1 v i s i o n s o l u t i o n s . c o m
W H I T E P A P E R
Implementing the Power of Information Availability
An information availability software solution can unleash the potential locked inside planneddowntime, those hours each day or week when banking systems, applications anddatabases are brought offline for maintenance, backups or reporting activities. Thisdowntime currently delivers zero value to your business operations and adds nothing toyour bottom line. In addition, an information availability solution can deliver the optimumlevel of business resiliency, especially important when your bank faces the information andreporting demands of the latest compliance regulations or legislation.
Downtime interferes Information availability frees your increasingly complex, sophisticated and vital ITwith and delays the rapid infrastructure to support your bank's growth and profitability strategies in the most efficientand effective ways. In the process, it aligns your IT processes more closely than ever toforward movement of your your business. strategies and reducesyour profitability and the Discussions with your IT executives should focus on finding the right combination ofbusiness and technical solutions to:return your shareholdersexpect. Most importantly, . Liberate the unrealized value of current downtime from critical information processes. . Minimize acceptable downtime and data loss for non-critical data and applications toit prevents immediate deliver the maximum return for your organization. action from yourcustomers, employees You'll want to identify how delays and latency in information delivery and applicationaccessibility can impact your business strategies and business functions, including coreand business partners. banking operations, customer interface, business infrastructure (HR, e-mail, etc.), data and physical security as well as compliance support in audit, analysis and reporting.Specifically, you and your IT executives should discuss how freeing up downtime in allareas of your infrastructure can deliver results and new value:
. Delivery channels-including expanding and supporting ATM and debit card access,enabling greater branch automation and productivity, powering customer contactcenters, launching or supporting internet banking initiatives, and enabling emergingwireless banking strategies.. Risk and compliance-including meeting emerging regulatory an... [download for more]
