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Online Cash Management Systems: Is "Best of Breed" Really an Endangered Species?Published by: TowerGroup Published: Jul. 29, 2004 - 6 Pages Table of Contents
AbstractMost analysis of the online cash management landscape in the United States assumes that banks either purchase a single, monolithic system to support their corporate cash management business on the Web or else develop a solution in-house on their own. The leading technology providers in this space each sell software that supports the entire cash management product line with a suite of modules designed for flexible information reporting, initiation of complex transactions, file transfer, and sophisticated check-related services all in one neat package. Little if any attention has been paid, however, to the challenges of a best-of-breed IT strategy, an approach that reflects the reality for most of the key players in cash management. This TowerGroup ViewPoint examines this reality and highlights some of its implications for both financial services institutions and their technology partners.Get Full Details About This Report >> |
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