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Louis Blatt

Louis Blatt

Chief Product Officer

Louis Blatt

More articles by Louis Blatt

  • How can banks tell if they need to review their payment systems?

    Thursday, June 09, 2011

    I have talked a lot recently about legacy payment systems, the problems they can cause within financial institutions and how to approach change, but I often get asked how companies can ascertain if they would benefit from evolving their payment systems.

  • Breaking away from the legacy of the past

    Thursday, June 02, 2011

    The benefits to financial institutions of flexibility, responsiveness and agility are well recognized. Organizations will be able to do more with less. Centralized, integrated and fluid payment systems support operational efficiencies and the development of innovative initiatives that enhance product and service offerings.

  • What do payment systems of the future look like?

    Thursday, May 26, 2011

    As financial institutions review their payments infrastructure, it is likely that many will decide that they need to start to consider how they evolve current systems in the future, if they haven’t started already. But where should they aim to get to?

  • Taking action against the burden of legacy systems

    Thursday, May 19, 2011

    We know that most financial institutions are burdened, to a greater or lesser degree, by siloed legacy payment systems. Part of the problem is that the limitations of this architecture of legacy infrastructure are not immediately obvious. Individual systems function, and function well for the most part. But although they serve their individual purposes now, there is little to suggest they will be able to work together to support financial institutions as they adapt their business models to the demands of a new decade. 

  • Stifled by legacy systems

    Thursday, May 12, 2011

    Many financial institutions are trying to run their critical payments function on disparate, cobbled-together systems, whose complexity and inflexibility make it difficult to respond to new customer needs and market demands. This presents a number of challenges to banks.

  • The heritage of legacy payment systems

    Thursday, May 05, 2011

    The past 30 years has seen billions of dollars spent on payments systems – with financial institutions building up a plethora of different systems and technologies designed to meet specific needs and develop competitive advantage. However, as the payments infrastructure gets more intricate and unwieldy, the harder it is for financial institutions to realize the potential benefits of technology. 

  • Asia Pac moves towards greater economic integration

    Friday, November 19, 2010

    The APEC (Asia-Pacific Economic Co-operation) 2009 summit upped its efforts last week to strengthen economic integration in the region.

  • The Real Payments Impacts from Liquidity Regulations

    Wednesday, October 27, 2010

    As a key theme for SIBOS there is a lot of discussion about the impact of regulations, and the unexpected consequences that all too often accompany new rules.

  • Throughout everything, reliability is what counts

    Tuesday, October 26, 2010

    Over the last couple of weeks, we have been running a short poll on the ACI website to ask peoples’ views on payment systems in advance of Sibos, and the results are now in.

  • What Financial Services Can Learn From Manufacturing, Part 3

    Wednesday, October 20, 2010

    In my previous two blogs I have discussed different areas of manufacturing that financial services firms and vendors could learn from. In this final post in this series, I want to look at Supply Chain Theory and the factory model