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AccessMyLibrary    Browse    B    Bank Technology News    DEC-02    Open to Outsourcing, Rabobank Makes a Change.

Open to Outsourcing, Rabobank Makes a Change.

Publication: Bank Technology News

Publication Date: 01-DEC-02

Author: Wolfman, Daniel
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COPYRIGHT 2002 SourceMedia, Inc.

A year ago, Utrecht-based Rabobank had more than $300 billion in assets, branches around the globe and software for its lending systems that was so out of date executives were forced to do complex deals on spreadsheets. The same figures had to be entered over and over, and data often had to be triple-checked to ensure accuracy. Bill Padula, COO of the Americas for Rabobank, knew the banking behemoth had to make...

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