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The financial industry is faced with the challenge
of constanly reducing the cost structure and expanding the product
portfolio. Lanell Innovation has made a top5 list of issues in the
financial industry:
1. Organizational and product profitability measurement missing,
inaccurate, or inconsistent.
2. Inability to understand customer relationships and what drives
their profitability.
3. Inability to adequately measure interest rate risk exposure.
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4. Difficulty in dispersing critical
business intelligence to key decision makers throughout the organization.
5. Cannot align the actions of employees with profit opportunities.
The central theme is that extremely focused solutions providers
with the "right" enabling technologies and innovative views will
be best positioned to cope with the inherently unique integration
challenges posed within the finacial industry.
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