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June 11, 2008

Technology in financial services: is there a competitive edge?

Who would want to be at the technology helm of a major retail bank today? It may seem glamorous, but what do you think wakes these CEOs up at 3am in a panicky cold sweat?

Is it the threat of new players in the market such as foreign brands or local mobile phone companies? Is it the burden of recent regulation such as Basle II, the Financial Services Charter or FICA? Or is it product design, balancing distribution channels, BEE or meeting shareholder demands for lowering expense ratios?

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Posted by StaffWriter at June 11, 2008 1:58 PM