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Essay Details:
Essay text:
European banks will spend almost $4 billion in IT over the next two years to comply with Basel II.
In Charge of Change: IT executives are adopting IT governance strategies and software to manage the priorities, processes, and people of IT?gaining visibility and control over their compliance initiatives. This enables them to:
· Ensure IT compliance initiatives are prioritized and managed on time and on budget.
· Manage benefits, costs, resources, and business objectives within a transparent process.
· Mitigate the risk and costs of business process and application changes.
Enabling Strategic Sourcing
There is a seminal shift from outsourcing IT for cost reduction to "strategic sourcing" for business value...
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