IT Management in the Romanian Banking Environment: Losses in the Core-Banking
IT Management in the Romanian Banking Environment: Losses in the Core-Banking
Author(s): Camelia Elena CiolacSubject(s): National Economy, Business Economy / Management, Financial Markets, ICT Information and Communications Technologies
Published by: EDITURA ASE
Keywords: IT management; core-banking systems; the Romanian banking environment;
Summary/Abstract: This paper aims to present a synthesis of the flagship projects of investment in core-banking systems in the Romanian banking environment. Replacing core banking systems was determined both by the Romanian bank market dynamics during 1999-2008 (characterized by mergers and privatizations), the legislative changes, and to the domestic business, such as the need to centralize data integration in a unified infrastructure to alternative channels of distribution (m-banking, internet banking) and gaining a competitive advantage over competitors. Supply are concerned both the development of the IT market segment of core-banking and how banks in Romania have invested in these systems.
Journal: Revista de Management Comparat Internațional
- Issue Year: 10/2009
- Issue No: S2
- Page Range: 1233-1246
- Page Count: 14
- Language: English