How to Slash Core Processing Costs (Webinar)

September 28, 2023

Member Fee (Live or Recording): Complimentary 

Core Processing remains the largest technology expenditure within most banks today and represents a key area where cost savings can be realized. This webinar will tackle the subject of reducing core processing and ancillary system costs.
During this webinar we will answer the following questions:

  • What leverage does a financial institution have when negotiating a core processing agreement?
  • Where should a financial institution look first for cost savings in core processing operations?
  • Are your vendor charges reasonable or excessive?
  • What roles do core contract additional terms, Service Level Agreements (SLAs) and financial penalties play in achieving cost savings?
  • How do core vendors price their solutions: asset size, number of transactions or how well you negotiate the contract?
  • How and where do ancillary systems enter the financial analysis?


This webinar is geared toward Bank Executives who are responsible for Core Processing, Ancillary Systems, Back Office Management and Strategy groups.

Mike Hatch has 10 years experience as a banker and over 20 years of experience in FinTech. He is uniquely positioned to understand what a financial institution wants from its technology vendors.  He has led various sales efforts at core vendors including DCI and Finastra.  Mike has assisted in well over 500 core evaluations during his career and takes pride in his collaborative, transparent approach while finding solutions to best meet the financial institutions’ needs.

This webinar is provided by LBA Associate Member, ICI.

9/28/2023 10:00 AM - 10:30 AM

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