This link has been bookmarked by 1 people . It was first bookmarked on 07 Nov 2008, by Bill H.
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07 Nov 08
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One HSBC is a scheme that aims to move 55 core banking systems, 24 credit card systems, 41 internet banking systems, 40 desktop standards and five unique trading rooms on to one global platform by 2011.
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We are about three years into the project and it is now paying for itself
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about $1bn (£610m), and we expect it to generate hundreds of millions of dollars of cost savings by the time it is implemented
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us to be a truly international bank.
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a customer play as well as a cost play
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brings down operating costs
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a real-time vision of everything contained in the portfolio
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allows us to enter new markets quickly and more cheaply
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If you have cross-border needs, we want to be your bank
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can get in with 30 of my own branches rather than buying 150,
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we have consolidated 130
datacentres down to four pairs of datacentres around the world -
he would probably say that some of my biggest mistakes have been to partner with vendors rather than build from scratch. We now have an academy in India where much of our software is built for us.
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