Supplement: Core Systems - Partnerships Breed Solutions - Lower Risk And Higher Speed - Why UBS And Deutsche Postbank Opted To Partner With SAP To Develop And Implement A New Core Banking Application For The Biggest Players In The Industry Rather Than Att.

Banker, The, March, 2003

The business environment is harsh these days. The competition is getting tougher, margins are shrinking, and customers are becoming more demanding and less loyal.

To survive in this unforgiving climate, today's banks need to be nimble, flexible and responsive, sensitive to their customers' evolving needs and quick to market with new products and services. As in most industries, technology is a key driver of change and application vendors have long been preaching the virtues of flexible development, speed to market, real-time processing and a single view of the customer across all lines of business. But, although many forward-looking banks in Europe's middle tier have already embraced this new technology, it is surprising how many of the largest institutions are...

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