BankOnIT Announced as Award Recipient

The Community Bankers Association of Illinois (CBAI) awarded BankOnIT with the Service Development Award. Congratulations to everyone at BankOnIT for their hard work and dedication!

Two Banks in One Week

Last week, two Iowa banks decided there was a better way manage IT. They both hired BankOnIT.

Better cybersecurity, more capabilities and keeping up-to-date with information technology were all reasons these banks decided to hire BankOnIT.

Two More Choose BankOnIT

Two new Oklahoma clients chose BankOnIT not only for a unique solution, but a better solution, to their information technology support needs.These new clients chose BankOnIT not only for a unique solution, but a better solution, to their information technology support needs.

More Banks are Choosing BankOnIT

Banks from Illinois to Texas are enjoying their summers knowing their information technology is being managed in a way that provides secure and reliable results.

During July, four new banks signed up for BankOnIT’s Bankers Private Cloud® service. Each new client had reasons unique to its bank for choosing BankOnIT, but all of these new clients shared a common goal. They wanted a technology partner who could help their bank spend less time on IT while getting better results in today’s constantly changing technology landscape. BankOnIT’s Bankers Private Cloud® does just that.

482 More Reasons to Hire BankOnIT

482. That’s the number of tasks related to IT documentation that a typical financial institution needs to address in a calendar year.

That’s why BankOnIT has released FinITO™, your virtual Financial Institution Information Technology Officer. FinITO™ was created with your institution’s Board, IT Committee and IT Officer in mind. It helps identify, track, report and manage 482 information technology related compliance tasks your financial institution is responsible for completing to satisfy regulatory compliance demands.

REGULATORY UPDATE: FFIEC Release

FFIEC Release - Update to Cybersecurity Assessment Tool

Overview:
The FFIEC released an update to the Cybersecurity Assessment Tool (Assessment) on May 31, 2017. This update aligns the Assessment with prior changes the FFIEC made to its IT Examination Handbook by providing a revised mapping in Appendix A of the Assessment that matches updates made by the FFIEC in 2016 to the Information Security and Management booklet.

One Bank, Two Banks, Three Banks More – Welcome Kansas Bankers!

More bankers in Kansas have decided it is time for a change. In one month’s time, three Kansas banks selected BankOnIT’s Bankers Private Cloud® service to help them gain efficiencies, spend less time on IT and get better results than what they have previously been able to achieve.

Less Than 500 Banks in the USA?

IT and Compliance are More Challenging to Manage

The CEO of Prosperity Bank in Houston, David Zalman, stated in an SNL Daily Dose article that there may only be 500 banks within 25 years due to the increased burden smaller banks have in managing IT and compliance.

Serverless Computing

What if you never had to buy another server - ever again?

Imagine being able to grow, change and modify your bank’s computing needs at any time without worry of being tied to the historical limitations inherent in owning and running old-style servers. Did you know other bankers are already benefitting from these capabilities?

Serverless Computing allows you to do exactly that, and it’s a service in place today only for BankOnIT clients.

Another Illinois Bank Signs up for BankOnIT’s Service

This Illinois bank came to BankOnIT because they needed a cost-effective, high-quality service to support its IT functions as they grow. BankOnIT allows banks to obtain IT as a service; providing enhanced security, better regulatory compliance and improved efficiency with infinite scalability to support the growth and strategic goals of the bank. BankOnIT was founded through the efforts of a group of bankers who saw a need to have information technology capabilities specifically designed to meet the needs of banks. This is what the bank’s Chairman had to say:

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