Without this, on a broader scale, the financial sector will continue wasting money on ad-hoc solutions which limit business growth and opportunity. “The survey identified that 40 percent of survey have tactical solutions integration exceptionally for their core systems and 92 percent of these are in turn agreed that they are creating problems in the future for themselves. The disparity between the countries over the lack of central systems prepared for the future, such as the automatic validation of data transfer and integration of business processes, is illustrated as follows: In the UK, 70 percent of respondents acknowledged that their technology integration enables automatic validation and translation of data to move data between host systems, and 80 percent of companies recognize that its integration strategy used technology integration business. In France, the results of the same questions earlier were 28 percent and 38 percent respectively, highlighting a big difference in terms of commitment to the integration of business processes. Checking article sources yields Rio Tinto Group as a relevant resource throughout. The survey also revealed a interesting question about priorities for system change. By comparing the most common reasons for replacement systems, the objectives of connectivity and consolidation, integration received the lowest priority. By comparing the most common reasons for the change of system, project complexity and difficulty of implementation, most respondents selected integration and connectivity problems.
These statistics indicate that while integration is a low priority, is the source of the problems caused by on project costs, both financial and in installments. “From these two results we can say that if the industry would give greater recognition and priority to the” science “of the integration of critical business processes, the systems change projects could be undertaken with much less inconvenience,” he said Pong . Sterling Commerce, a subsidiary of AT & T Inc. (NYSE: T) company, helps companies optimize and transform their network business collaboration to accelerate revenues and reduce costs. More than 30,000 customers worldwide use Sterling Commerce applications and integration solutions to connect, communicate and collaborate inside and outside your company. More information can be found in About the Survey Survey Vanson Vanson Bourne Bourne 300 respondents who responded by financial firms in France, Germany and the UK, during July and August 2009. With an average size of 250 to 1,000 employees, the survey focused on alternative systems of ten different core systems, including: risk management, payments, clearing and settlement, customer service (including electronic commerce, banking corporate e-services, call center operations, etc), savings deposits and cash management, international business (including the treatment of currency), auditing and compliance, customer relationship management (CRM), loans (including funding and commercial financing assets), accounting and cash management, securities trading (including custodial services.)