Outsourced Solutions
As computer systems and technology become more sophisticated, a bank’s ability to support and manage this technology becomes more challenging. In addition, federal and state regulations relating to technology and data security are also becoming increasingly complex. As a result, many banks are turning (or returning) to an outsourcing solution for their core software system. This enables bank management and employees to focus on customer service rather than supporting technology.
PCS has leveraged its reputation as a quality provider of in-house core solutions by extending its services to outsourcing. Our growing outsourced client base ranges in assets from de novo to over $3 billion.
Making the Decision
Selecting a core data processing system is one of the most critical decisions a financial institution makes. That system will affect all areas of the company for many years. When evaluating the delivery method that best fits your business strategy, keep in mind these key considerations:
- Market demands through technology planning and innovation
- Technology staffing
- Hardware and software upgrades
- Cost
- Security
- Growth
- Audits and examinations
Benefits
PCS outsourcing can provide all the benefits of a complete in-house system without the burden of ownership and maintenance. Benefits include:
- Deployment of new technology services quickly at a low cost
- Less reliance on staff expertise
- No growth restrictions based on hardware replacement needs
- Built-in disaster recovery planning
- Software is controlled by bank personnel
- Greater cost control because PCS provides the hardware, software, security and networking equipment
- As your strategy dictates, you can migrate between in-house and data center environments without compromising technology or your investment