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Catherine Leffert

How merging banks can avert technology disaster

bank technology. BankingTech. May 18, 2023

Vincent Hui, managing director at Cornerstone Advisors, said migrating all systems from one bank to another can be simpler than when banks choose to patch together the best of their systems. Optimization strategies, like cutting down vendors, technologies and staff to maximize efficiency and reduce cost, add execution risk.

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New strategy for old bank: All-digital and 'pro-America'

Strategy. Digital Banking. Mar 25, 2023 "I struggle to understand the unique banking needs of people who care about patriotism and freedom," said Ron Shevlin, chief research officer at Cornerstone Advisors. "I see the value of a niche strategy, but this niche I don't get at all."

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Mercury and Brex acquired thousands of ex-SVB clients. Will they stay?

Mar 24, 2023 Ron Shevlin, chief research officer at Cornerstone Advisors, said that fintechs will keep some of the business they bring in, but users will still shop around for the best services or terms.

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Truist turn to upskilling to gain cloud, programming expertise

cloud. Jan 10, 2023 A 2022 Cornerstone Advisors report said that cloud configuration, server virtualization, API integration, and cloud security were key areas for tech talent at banks. Bank executives are also prioritizing training and upskilling to meet their cloud labor needs, the report said.

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