| Situation
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| Technology is the single most
important business driver in this Financial Service industry. Exponential growth
in chip capacity and bandwidth, along with ubiquitous Internet standards, is the
root cause of many of the challenges facing Financial Services firms, including
globalization, increased competition, shrinking margins, and product commoditization.
Today's market leaders distinguish themselves through the rapid and innovative
use of technology to improve their customers' experience. The consequences of
being late to serve customers with a new product or service, or to provide employees
with collaborative capabilities, are amplified in today's environment.
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Business opportunities
are born-and lost-overnight.
How do you compete in this rapidly changing market
landscape?
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| Need
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The challenge in
this environment is to harness technology to: Focus on the customer. Competitive
forces and heightened customer expectations are pressuring financial institutions
to introduce new products and services when and where their customer want to interact
with their financial institution. Traditional notions of sustainable
competitive advantage are obsolete. Today, the only sustainable competitive advantage
is the agility to seize ongoing advances created by technology. This is particularly
true for financial services, and calls for a strong alignment of an organization's
business and IT. A financial institution's business agility requires technical
agility. There are two priorities for facilitating this kind of information
management: |
- Promote IT standards that promote
interoperability
- Develop IT systems that can seamlessly
interoperate with new and legacy technologies.
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| No boundaries; just seamless connectivity
to information across the enterprise, any time, any place, and on any device.
| | Offering
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- Acro Computing(ACRO)
can provide an Internet-based
technology solution that ensures flexibility, scalability, and
the interoperability of systems, handheld wireless devices like
cell phones and personal digital assistants.
- ACRO can help you to Web-enable
your legacy systems quickly, easily, and flexibly.
- With our massive investment in
enterprise financial solutions, ACRO can play a major role in
helping customers master the new technical environment.
- ACRO can offer a portfolio of
assets, including enterprise platform technology and a leading
financial portal solution, that together are uniquely capable
of providing financial institutions the ability to manage information
better and deliver superior speed-to-value.
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