A Cornerstone Technology Assessment provides financial institutions with an objective review of how their technology environment and utilization stacks up against peers and competitors.

We analyze your organization's infrastructure, applications, outsourcing relationships and technology support staff. We also review every technology initiative under way in the organization and provide recommendations for the most effective implementation.

The Technology Assessment reviews the following:

• Technology spending and capital investment levels compared to peers
• The level of satisfaction with applications and outsourcers
• The condition and reliability of the infrastructure
• The technical architecture of systems
• The level of satisfaction and overall strategic direction of major outsourcing vendors
• Staffing levels and skill sets in the I.T. organization
• The overall approach to technology risk management
• Operating processes and productivity vs. industry best practices
• The reporting environment and information management processes
• Technology training and development strategies

In a Technology Assessment, Cornerstone completes surveys and spends two days on site with managers and executives. Cornerstone then presents an analysis of current technology deployment and spending, specifically addressing these questions:

• How does technology spending compare to peers in the marketplace?
• How should major future projects (imaging, electronic banking, etc.) be planned?
• What future systems will have the biggest strategic benefit?

Our findings and recommendations are presented in a 1/2-day meeting with management. The first goal of the day is to have open, constructive conversation about the right strategic directions for the institution. The second goal of the day is to get management buy-in for the general direction of the technology strategy.

A Technology Assessment is the ideal first step in the Technology Planning process

Return to Technology Services