Banking Systems Due Diligence and Contract Services

GRC Solutions delivers insight and objective guidance to Board Members, CEOs, CFOs and CIOs of financial institutions that depend upon outsourced technology and operations service organizations.

Escalating (and often hidden) costs associated with burdens of regulatory compliance, information security, risk management, business continuity, deposit & loan processing, broadening electronic delivery channels, razor-thin margins, and the feeling of a continuing “technology arms race” mandate wary budgeting.

In whole, your outsourced technology and operations service commitments represent a considerable portion of non-interest expense.  Unfortunately, the systems or vendors may not have delivered on their original promise:

  • Internal back-office operations suffer because systems “don’t talk to each other”
  • Important system features and functionality are not available