Merger Announcement
On Friday May 15th the members of the Financial Services Technology Consortium, in a unanimous vote, decided to continue the mission of FSTC as a division of the Financial Services Roundtable. We will join forces with our soon to be sister division BITS to provide an expanded voice for the financial service industry to both advance the policies surrounding the use of, and the practical implementations of technology. This is an exciting time and an important step. By taking this step FSTC will be better positioned to serve the needs of a very dynamic environment. Banking and financial services of all stripes has been on a rapid technology advancement cycle. We continue to learn from each other and the vendors serving financial services as we have ventured into new modes of financial services, be it Web, Mobile or paperless processing.
The programs of FSTC will continue and expand. The change will allow us to adopt new tools, and will enrich our participation by providing many new members. Look to the leaders of our standing committees and our communications for developments as they unfold.
Dan Schutzer
FSTC Innovator
The June 2009 edition of FSTC Innovator, is now available.
This Issue: Innovative Problem-solving through collaboration
If you are interested in contributing to a future issue of FSTC Innovator, please contact Dan Schutzer.
Join FSTC today to have access to
the presentation given by Dan Schutzer, Technical Director, FSTC on May 15, 2009.
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"The FSTC has a long and rich history of advancing technology for financial services. By providing a unique forum for financial service firms and technology leaders to work together on issues that impact the industry, the industry has been able to serve customers better, safer and in a more cost effective manner."
- Mark Tiggas
FSTC Board Chair
The Power of Partnership
At FSTC's heart are the world's leading financial institutions and the technology and service providers they use. Our subject matters experts comprise the leading technologists and business strategists of the financial services industry. Our project teams are staffed by industry-acknowledged thought leaders who provide trusted expert direction to FSTC investigations. Our staff and oversight groups assure outstanding service to FSTC's members. Our results are authoritative and relied upon by institutions, technology firms, and regulators.
Financial institutions established FSTC in 1993 as the industry's original forum for collaboration on technical issues affecting the financial services industry. Today, FSTC provides a safe, proven and reliable venue where institutions and technology companies explore today's pressing technical issues to strengthen the industry by facilitating competition in an increasingly interactive environment.
FSTC aims to achieve one goal: unite those in the industry to work collaboratively in a non-competitive, open forum to solve shared problems
and challenges, as well as pioneer next generation technology that benefits us all. The board of directors plays an integral role in the achievment of this goal.
Learn more about the FSTC Board of Directors »
FSTC, DigitalThinking, and KPMG
Mobile Payments and Banking Project
Identify and document technology-enabled opportunities for banks in the mobile arena
FSTC and Carnegie Mellon CERT Collaborate on Resiliency Management and the Resiliency Engineering Framework
"Although our resiliency framework is focused today on Operational Risk,
Disaster Recovery and Security - we might consider how it could be extended
to encompass Managing through the Credit Crisis"
The Framework is available for public comment at www.cert.org/resiliency_engineering .
Get involved with this industry leading initiative. Learn More.
