"Keeping technology expenditures in line so that maximum profitability can be achieved is a tricky task."
- Chrystie Bennett, Senior Business Consultant for NetGain Technologies
Little Rock, Arkansas (PRWEB) November 28, 2012
NetGain Technologies is proud to support the Arkansas Bankers Association’s Technology Conference. Focusing on the issues that financial institutions currently face, the conference will address constantly changing regulations and risks, the “new normal” financial landscape as well as the future of banking technology.
“One of the biggest challenges banks face is the ever-growing demand for compliance while they try to maintain a level of technology that clients expect and enjoy in other areas of their lives,” described Chrystie Bennett, Senior Business Consultant for NetGain Technologies. “Convenience and modernization do not come with ‘compliancy’ built in.”
Financial institutions in Little Rock and around the country are approaching technology warily, strategizing to reap the benefits while striving to avoid the pitfalls. First State Bank of Russellville realized the need for a change so that they could re-prioritize and re-align their focus on customer service.
“Our previous network was not as stable as we needed. Our equipment was pieced together. We would buy servers from one place and computers from another. We had no plan for cyclical replacement. We needed a change and we needed to get it right,” explained Ragena Moore, Senior Vice President of Operation for First State Bank of Russellville.
Sessions at the conference will address these and similar struggles for banks. Information security and banking technology will also be emphasized, as well as the conflict of current technologies, regulations and costs and how banks can form partnerships to solve these mission critical problems.
“Since we have partnered with a vendor [NetGain Technologies], our network is very stable. When we have encountered issues, and everyone does at some point, they are prompt and knowledgeable. Our downtime almost nonexistent, allowing us to improve customer service,” described Moore.
With a focus on the need for additional planning and multiple layers of technology, this conference will teach IT executives in banking how to maintain a competitive advantage while remaining compliant.
“As banks look to the future they must keep in mind their customers, regulation requirements and profitability,” explained Bennett. “Often, these multiple layers of technology to maintain the needed security levels do not come without a high price tag. Keeping the expenditures in line so that maximum profitability can be achieved is a tricky task.”
The event is on November 28 and 29, 2012 and will take place at the DoubleTree Hotel in Little Rock, Arkansas. NetGain Technologies sponsored the conference and provided the electronic presentation format for conference attendees as a part of Arkansas Bankers Association's efforts to be more environmentally friendly.
About Arkansas Bankers Association:
The Arkansas Bankers Association was established in 1891. It is the state's largest and oldest banking industry organization and represents over 200 banks, bank holding companies, and savings & loans in Arkansas. The ABA provides a variety of member services, including educational programs, products and services, publications and a comprehensive government relations program.
About NetGain Technologies:
NetGain Technologies is a leading provider in the design, procurement, implementation and management of high-performance IT solutions. With services ranked among the best in the world by MSPmentor and CRN Tech Elite, a multi-state regional footprint and almost three decades of experience; we’ve helped over 1,000 unique clients thrive by leveraging best-in-class solutions from HP, Cisco, Microsoft, and VMware. Our highly qualified, experienced professionals strive to align technology with positive business outcomes. Learn more at http://www.netgainit.com.com.