Situational & Outcome-based Technology Leadership
Modern Technology Challenges Require Experienced CIO/CTO Leadership
Teremark executives are proven technology leaders who ensure that new technological capabilities and critical initiatives are delivered on-schedule and in-line with expected results. Our expertise in the challenging areas below can add immediate and significant value to your bank or credit union:
Business & Technology Strategy Alignment – IT vision and roadmaps aligned to business strategy. Value delivery through product enablement, leveraging technology for competitive advantage and bottom-line impact.
Strategic Technology Delivery – Focused technology initiatives designed for major capability uplift, such as Core Platforms, Web/Mobile Digital Channels, Cloud Migration, and Data/Business Intelligence.
IT Financial Management – Budgeting, forecasting, spend measurement, variance processes, tracking against GL accounts and specific IT categories.
Service Delivery Optimization – Process improvements supporting software development (Agile, DevOps or SDLC/Waterfall) and production operations (ITIL). Change management, availability management, data center operations, and IT organization optimization, including IT restructuring.
IT Performance Improvement – Measure and improve IT’s alignment with strategic business vision and operational delivery through process improvements, scorecards, skills assessments, operational performance metrics, and financial management tools.
Emerging Technologies – Leverage AI/Machine Learning, Cloud, Data/Business Intelligence, Cybersecurity, etc. Understand what is useful and what is hype. Leverage what makes sense to enhance competitiveness.
Vendor Performance Improvement – Contract negotiation, competitive pricing research, SLA structuring, performance scorecards, performance reviews, and controlling vendor influence inside of the organization.
Technology Governance & Control – Applying FFIEC OCC/NCUA, ITIL, COBIT, IT risk governance, data controls, IT financial management, and effective engagement with federal regulators.
Digital Marketing & Data Strategy – Deliver 360-degree management from content creation to target offer acceptance, leveraging data models, impression/interest metrics, and alternative channels.
M&A Technology Leadership – Leadership and technology assessments for investment/divestiture, contract cancellations, technology asset distribution, IT organizational re-design, and cultural assimilation.
Cybersecurity Leadership – Applying FFIEC (OCC, NCUA), NIST, HITRUST, SOC II/Vendor Security Assessment, Security Incident Response, Internal Audit and Board of Directors reporting.
Digital Channels Assessment & Implementation – Business strategy and digital (Web/Mobile/IoT/VDA) use-case development, digital product/vendor assessments, digital product roadmaps, industry position and longevity, financial viability, and supportability of platforms.
Technology Business Case Development – Strategic project evaluation, including in-house development vs. SaaS solutions, and cost/benefit analysis. Balance the IT portfolio across speed, flexibility, business enablement, lifecycle costs, and risks (financial, strategic, reputation, operational).
Technology & Solutions Advocacy – The central, accountable executive for all technology projects, vendor relationships, technology contracts, and new technology implementation. Avoid the hassle and concern of high-pressure vendors and confusing sales pitches. Teremark advocacy removes this pressure, delivers clear messages, and ensures that appropriate solutions are achieved as we operate on your behalf.