Now is the time for global banks to strengthen their core. By implementing or converting to a new core banking platform, or upgrading to the latest version of their current system, financial institutions can create a simpler and more flexible IT environment, boost their efficiency and drive down total cost of ownership. New core banking systems also can add speed and responsiveness, and enhance...

In this paper, we discuss the major issues associated with the new model of software delivery – service on demand – and explain why it alters the economics of software. As this model is expected to deliver fundamental leaps in cost efficiency, operation performance, infrastructure orchestration and application control, we describe the supporting technology required to achieve these goals. We al...

Due to the inherent complexity of building highly-interactive and personalized web applications, the development of a web-based travel advisory system can be a costly and timeconsuming task. We see this as one of the major obstacles to a more widespread adoption of such systems in particular with respect to small and medium-sized companies and e-Tourism platforms. The goal of the ADVISOR SUITE ...

Since the passage of Dodd-Frank, government regulators have become more interested than ever in the significant increase of bank size in the U.S. financial sector. To shed light on the reasons of the bank size increase and its effects on banks, we study the dynamic interactions between size, cost efficiency and returns to scale. Using Fourier flexible form, we show that banks of all but the lar...

The implantation of the Euro in the eleven of the EU has driven the big banks to expand their presence in other European countries, which may have negative consequences on their credit risk in view of the disadvantages involved in entering new markets. The aim of this paper is to analyse the efficiency and the credit risk of the banks of the most important countries of the Euro area, using a on...

Application of price bundling strategies in retail banking in Europe is a report based on an empirical study of price bundling practices in Southern, Central and Northern Europe. The current report defines three core price bundling models that are in one form or another applied by the interviewed banks. The models are cost efficiency bundling, cross-selling bundling and loyalty bundling. Price ...

German banks experienced a merger wave throughout the 1990s. However, the success of bank mergers remains a continuous matter of debate. In this paper we suggest a taxonomy as how to evaluate post-merger performance on the basis of cost efficiency (CE). We categorise mergers a success that fulfill simultaneously two criteria. First, merged institutes must exhibit CE levels above the average of ...

This study estimates cost efficiency, scale economies, technological progress and productivity growth for Indonesian banks over the period 1993-2000. Overall the cost efficiency of all banks during this period was 69.82%. However, on average the efficiency of banks prior to the Asian crisis and after the Asian crisis were 79.67% and 53.40% respectively. Moreover, the results also indicate that ...