FRSGlobal

Chief Technology / Chief Information Officer

As a key member of the executive team, we understand how important the CTO/CIO role is in establishing the technical vision for your financial services firm and leading all aspects of technology development and deployment. Aligning your firm’s technology strategy and technology infrastructure with the business’ overall strategy and operations is an ongoing challenge. Maintaining an effective enterprise architecture and operating environment are critical to your firm’s performance, as is finding ways of bringing in market-leading suppliers for key applications and business processes. With a continual focus on improving base operations and finding means to invest in “grow the business” and “transform the business” technologies, you need the assurance that your technology suppliers will meet your needs today and down the road.

Key Challenges

As financial firms are pressured for higher performance and working capital availability is pressured, you may be experiencing some or all of these typical challenges:

• balancing investment in legacy systems with new systems which may come into the technology infrastructure via M&A activity, and the cross-system integration which is often the result of business decisions
• maintaining control over enterprise architecture standards
• managing data across multiple lines of business and creating effective reporting systems
• monitoring and testing new technologies which have the promise of enhancing your business model and/or customer relationships
• maintaining control over expanding distributed and international operations
• protecting your firm’s infrastructure from technology attacks
• meeting the business’ requests for more real-time processing

How We Help

Wolters Kluwer/FRSGlobal recognizes the unique challenges of the CTO/CIO. Our solutions are designed and proven enterprise systems, with over 15,000 customers worldwide.

Specifically, we can help through all of these key elements of system design and deployment:

• creating and managing a single, reconciled and cleansed data warehouse (“single view of the truth”) to enable effective and efficient regulatory, risk, financial, and MIS reporting
• effective management of total cost of ownership over risk and reg reporting systems and related budgets
• accelerate getting control over acquired entities
• bridge the transition from legacy to proven up-to-date technologies to support effective migration to regulatory reporting and risk solutions
• deliver and deploy proven enterprise systems based on industry standard technologies to reduce your risks and support costs
• create a consistent view on risk and regulatory reporting across multiple entities through use of best practices data models and unique data management technologies
• support your productivity needs by assisting you with effective and efficient reg reporting and risk solutions which allow your operational environment to operate with a higher efficiency ratio and a strong return on assets.

Next Steps

For more information, check out the Solutions section, or contact us for more information.