GLG News by Core Banking Processing Solutions Evaluators and Purchasers

Art GillisPresidentComputer Based Solutions, Inc.

Not all bank tech vendors are equal

December 12, 2011

FIS, Fiserv, Jack Henry and Harland Financial Solutions are in the same business and sell similar products and services to the same financial institutions.  That's where the similarities end.

Howard BruckChief Information OfficerHUDSON VALLEY BANK

S1 and Fundtech, The Latest Bank Tech Consolidation

July 14, 2011

Analysis of:CORRECT: Fundtech Agrees To S1 Merger In Deal That Values Co At $318 Million | online.wsj.com

Clearly, bigger is an advantage for bank tech providers. With Fiserv and FIS as the two 800 pound gorillas, the small and mid-tier players need to successfully consolidate to thrive. There is probably room for a third gorilla, and not many good reasons for keeping around the small chimps.

Howard BruckChief Information OfficerHUDSON VALLEY BANK

Data: Information Technology's Next Greatest Challenge

March 9, 2011

Analysis of:2011 State Of Storage Survey | www.informationweek.com

The amount of data generated continues to grow at 20% or more each year. While new storage hardware can adequately record all this information, we are losing control of the data itself. The current solution of simply adding more storage capacity perpetuates the issue. The better long term answer is to understand and control our information. Some solutions like de-duplication from EMC, Symantec, and Falconstor provide some relief, but not nearly enough to overcome this issue.

Howard BruckChief Information OfficerHUDSON VALLEY BANK

Paperless by 2020

October 26, 2010

Analysis of:Paperless office? In your reams | www.independent.co.uk

The “paperless office” is among the most over-promised and under-delivered concepts of the information age. The generation that started the information age still loves paper. However, three necessary components; viable technology, a supportive legal framework, and clear economic incentives, will make this decade the one in which we finally realize significant decreases in paper and printing utilization.

Howard BruckChief Information OfficerHUDSON VALLEY BANK

Delivering Cloud Based Solutions to the Mid-Market

October 13, 2010

Analysis of:Six Cloud Computing Benefits For SMBs | www.informationweek.com

The mid-market is an overlooked and under-served area in Technology. Many mid-market firms, especially in verticals like financial services, health care, and municipal government, require comprehensive technical solutions like large enterprises, but have a fraction of their budget. These firms need sophisticated, but smaller scale solutions with like sized price tags. Traditional tech suppliers have been ineffective in this market, but cloud computing may be the opportunity to reach this market.

Art GillisPresidentComputer Based Solutions, Inc.

It's the Buying Season for Bank IT

October 8, 2010

Analysis of:N/A | www.artgillis.com

 After two years of drought spending, banks appear to be gearing up for new tech purchases.

Art GillisPresidentComputer Based Solutions, Inc.

The Things Investment Analysts Want To Know About Bank Tech Companies

September 20, 2010

 This is a list of popular questions that investment analysts have asked me in the conduct of 239 consultations.

Howard BruckChief Information OfficerHUDSON VALLEY BANK

Bank Tech Companies - who will be left standing?

September 29, 2009

Analysis of:Mergers: Conflicts Becoming A Core Reality | www.banktechnews.com

7,000 US banks and credit unions represents a lot of customers for the banking technology companies. While banks may be hurting, their technology needs only increases. With so many recent mergers are there too few providers left? Who has the advantage banks or the providers?

Howard BruckChief Information OfficerHUDSON VALLEY BANK

Dell/Perot, HP/EDS what's the difference?

September 21, 2009

Analysis of:Dell to buy Perot Systems for $3.9 billion | money.cnn.com

Dell, buying into the notion that hardware is now a commodity and they have already optimized that business, believes they need to diversify. So they buy a large business/technology consulting firm. Do they now bring any more value to the Perot business?

Howard BruckChief Information OfficerHUDSON VALLEY BANK

Interesting niche software solutions find ways to sell even in this environment

September 16, 2009

Analysis of:SuccessFactors: Small cap, big plans | money.cnn.com

While core infrastructure, telecom, and enterprise system maintenance revenues have been relatively stable even in this market, discretionary tech spending is challenged.However, tech buying is strong with a few interesting technology solutions that can provide tangible short term benefits.

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