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Considering the cost-cutting going on at the moment there may be a case to ditch expensive licenced software in favour of open source or even in-house document creation and management systems. A lot of in-bank communications could be done through browser based form interfaces dispensing with many costs associated with running a Microsoft shop (including the security expenses). Oracle is coming out as the cheerleader for Linux and there is certainly incentive for cutting costs. If you can't ditch the operating system you can still save a lot by substituting another product for Office.
You would also escape being restricted from using a Windows Live ID with the word 'tibet' in the ID name.ie you can't even have the name 'tibetio' or 'citibetterbank'. Stand by for your Word program refusing to allow you to even type the word, and maybe you better leave Tibet out of your spreadsheets. It's not difficult to guess where the restriction came from although the 'spin' doctors at Microsoft claim it's to protect customers of TIB Bank in Florida.
In Australia we have a name for that type of 'spin' - I can't print it here but I'll give you a clue - you'll find big steaming piles of it dropping out of the rear end of bulls.
p.s. RBS might be looking for some cost savings. £5.9b. Ouch! It'll take a bit more than cost cutting to replace that. Talk about lightening the sporran, I'd need t' hae a cuach o' uisce beatha after announcing that one.(for you foreigners that's a very large whisky).
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
Sergiy Fitsak Managing Director, Fintech Expert at Softjourn
06 January
Elena Vysotskaia Founder & CEO at Astra Global
03 January
Dieter Halfar Partner at Elixirr
Prakash Bhudia HOD – Product & Growth at Deriv
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