Banking Systems and Meltdowns

Gee – picked a good time to start work with a new company, especially one selling software for financial solutions internationally. Still, it is now that banks should start to consider their systems, both their software systems as well as decision making and risk systems. If nothing else, it seems that the Australian banks at least will need to learn the lesson (once again) that their bread and butter business relates to the average household and its savings, not to the corporate customer nor to the large borrowings that can be made on the markets.

I am excited with the new role though and enjoying contacting the Aussie financial institutions … today Oz, tomorrow NZ, the day after the rest of the Pacific 😆

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