Banking & Financial Technology Consulting
We help financial institutions select financial technology systems, maximize returns on their technology investments, and improve technology governance and risk management.
Today, every company is a technology company — especially financial institutions. Whether it is competitive pressure to meet changing customer expectations, evolving compliance requirements, or the desire to save money and improve efficiencies, it is critical that banks and credit unions have clear insight into the state of their technology and their vendors.
Assessments of Banking Systems and Tech Applications
Cornerstone Offers:
- Technology/Business Needs Assessments
- Strategic Technology Planning
- Technology Spending & Benchmark Analysis
- Business Analytics Services
- System Selection
IT Governance & Risk
Cornerstone Offers:
- Information Security Assessment
- Business Continuity Planning
- Vendor Risk Assessment
Vendor Management Services & Consulting
Cornerstone Advisors combines knowledge gained from our customer engagements, our proprietary Vendor Vault™, and our firsthand experience with leading industry technology vendors to ensure our clients have the right vendor partnerships, technology and processes to be future ready.
Cornerstone Ensures Your Company's Banking Technology Is An Asset
Vendor Evaluations, Implementations & Utilization Consulting
- Vendor Evaluation Consulting
- Vendor Conversion and Implementation
- Vendor Utilization (Vendor MapTM)
- Vendor Management
Vendor Contract Negotiations
We negotiate vendor technology contracts with a focus on maximizing leverage and reducing expenses.
Vendor Management
An all-in-one solution to help manage vendor risk, vendor performance, and vendor cost.
What Makes Cornerstone Different When It Comes to Technology In Banking?
MORE EXPERIENCE THAN ANY OTHER CONSULTANT
We have helped more banks and credit unions with technology projects than any other consultant. We are the most experienced and have the most time-tested processes.
BEST MARKET PRICING
Our ContractVault™ is the most comprehensive database of vendor pricing on core, EFT, cards, Internet banking and digital, item processing, LOS and telecom/datacom. We will get you better pricing, terms and SLAs than anyone else.
BEST VENDOR INTEL
Our VendorVault™ includes hundreds of financial institution’s vendor satisfaction ratings across every major bank and credit union vendor. Our database also includes the most commonly under-utilized features and frustrations of every major vendor.
20 Banking Realities for 2020
Year one of the Tech Decade in Banking will bring no shortage of tension between technology investments and earnings targets.
How to Offset an Evaporating Data Center
Banks and credit unions that have lost the ability to differentiate with their own data centers can regain control with a strategic approach to outsourcing.
Is Your Vendor a Partner? Ask These 10 Questions to Find Out
For all the talk about technology, fintech and disruption, it is still the truth that the biggest reason an FI leaves/replaces a system is that it has lost faith in its vendor or the vendor’s product.
How to Successfully Implement a Digital Solution
In today’s financial services environment, not serving customers digitally is not an option.