Banking Technology Solutions

We help financial institutions select 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. 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.

Ensure your technology is a business asset - not a liability.


Technology Assessments & Planning

  • Technology/Business Needs Assessments
  • Strategic Technology Planning
  • Technology Spending & Benchmark Analysis
  • Business Analytics Services
  • System Selection

Vendor Evaluations, Implementations & Utilization Consulting

  • Vendor Evaluation Consulting
  • Vendor Conversion and Implementation
  • Vendor Utilization (Vendor MapTM)
  • Vendor Management

IT Governance & Risk

  • Information Security Assessment
  • IT Audit
  • Business Continuity Planning
  • Vendor Risk Assessment


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.

So, What Makes Us Different?

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.

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.

Does Your Tech Plan Pass the Sniff Test?

Use these 5 Gonzo Tips to move beyond designer shelf-ware and develop tech plans that actually work.

What’s Going On in Banking 2018

The What’s Going On in Banking study surveys senior executives at community-based financial institutions to understand their outlooks, concerns, priorities, and technology plans for the coming year.