Making sure your internal architecture is sound

For financial intuitions, technology is fundamental to support, sustain and grow the business.

It is also one of the major costs and is an on-going investment and management issue for executive management and boards of directors.  This is why technology governance is so essential.  Effective technology governance addresses strategic alignment, performance measurement, risk management, value delivery and resource management.

CCG Catalyst provides technology governance consulting services working with management to address such concerns as:

• Aligning technology strategy with the business strategy
• Cascading strategy and goals down into the enterprise
• Providing organizational structures that facilitate the implementation of strategy and goals
• Insisting that a technology control framework be adopted and implemented
• Measuring technology’s performance

Technology is the internal structure of financial institutions, just as brick and mortar is external.  No institution would undertake a major physical structure without consultation with architects and other building professionals.  It makes even more sense to exercise this governance for the internal structure.x