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September 8: Operational Risk - The Three C’s of Core Banking Systems

Location: Singapore
Author:
Date: Friday, September 8, 2006

Commitment, communication and change management are the keys to minimize the pain of implementing a new core banking system, according to an article in last week’s Asian Banker Journal. The time is near when it will become a necessity for banks to replace their core banking systems. Many still have old and unwieldy systems that make it difficult for bankers to adapt and respond to newer and faster competitive pressures.


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