Pub. 5 2015-2016 Issue 2
O V E R A C E N T U R Y : B U I L D I N G B E T T E R B A N K S - H E L P I N G C O L O R A D A N S R E A L I Z E D R E A M S September • October 2015 19 CORE BANK PROCESSING • MANAGED SERVICES • MOBILE & INTERNET SOLUTIONS PAYMENTS PROCESSING • ELECTRONIC & PRINT DISTRIBUTION • REGULATORY COMPLIANCE TODAY I MAKE MY TECHNOLOGY DECISIONS HUMAN. Your bank needs a technology provider that does business the way you do. For 50 years, CSI has been empowering financial institutions like yours to be more competitive, compliant and profitable. For CSI, it all comes down to delivering the solutions you need and the service you deserve. csiweb.com/youdeservemore http://www.csiweb.com/about-us?utm_campaign=FY16_09_CSI_YouDeserveMore_TSP&utm_source=COBanker&utm_medium=Print+Ad down. This growthmakes sizing storage requirements difficult— automation allows for organizations to increase the amount of storage without having to redefine entire storage networking. Traditional systems do not allow scalability without significant interruptions. Customer data contains a wealth of information that can be utilized by banks to make better-informed decisions. Looking at customer information at a granular level gives banks a leg-up from competitors and improves customer retention. The chal- lenge that banks face is retrieving the right information without draining resources. Automation helps banks find the information they need efficiently—freeing up resources for actual datamining and effectively marketing the information to their audience. Security Securing data is becoming an increasingly difficult endeavor for financial institutions, especially with the increased number of mobile consumers and the need for bank employees to connect to information on various devices while working remotely. Often times, organizations incorporate levels of security to handle var- ious devices, making it difficult to handle security on a real-time basis. Working in an automated environment provides standard security protocol to financial institutions. Reducing the risk of human error should be a big motivation to automate a storage network. Many organizations backup data daily without ensuring everything is in proper order. Piece of mind does not come from backing up data; it comes from the reassurance that when your system fails you can easily recover important information that impacts aspects of your business operations. Compliance Following the financial crisis, increased compliance and reg- ulation protocol continues to be implemented amongst financial institutions. Regulatory constraints can have a major impact on an organization’s data storage plan. Constant changes in com- pliance regulation, requires faster modifications in IT protocol. Automation allows for networking to adopt new features and capabilities without incurring significant system downtime. A big driver for networking automation amongst financial institutions is having quick access to data in the event of an audit or litigation. Connectivity to data can dramatically reduce the amount of time spent on gathering information in time sensitive, compliance situations. Properly segmenting data to allow various departments access to what each individual needs to perform their jobmakes for a more efficient process throughout financial service environments. Storage automation gives financial institutions increased capabilities in adding new customers, provisioning services, and providing superior security solutions to customers. Automation technology allows for IT departments to respond in real-time to changes in the environment—reducing system downtime. Tom Gleason has a background in technology for the banking industry and he has 30 years of experience. Tom understands the importance of security and the regulations that many industries are faced with and looks forward to helping people minimize their risk. Tom has a twin brother and is one of nine children. He is also a “papa” to two wonderful grandchildren.
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