Re-Architecting and Re-Engineering Trading and Treasury Systems in the Merger of Chemical Bank and Manufacturers Hanover Trust -- an Interview with Brian Slater, Vice-President, Chemical Bank
25 Pages Posted: 23 Oct 2008
Date Written: September 1993
This chapter presents an edited transcript of an interview held inAugust 1993 with Brian Slater, a vice-president in the Global Bank atChemical Bank. Slater is responsible for the firm's U.S.-based tradingand global risk management systems. The interview was conducted inthe context of Project 1990s -- the U.S. Council for InternationalBanking's Study on Information Technology Investment and InternationalBanking Performance. The purpose of the discussion was to developbackground information on the issues the bank's senior managementteam faced in merging the trading and treasury functions of ChemicalBank and Manufacturers Hanover Trust. The new Global Bank faceschallenges in the areas of global risk management, cost-effectivedelivery of in formation technology-based products, trading infrastructureapplication functionality gaps, and human resource management that can be best addressed by a shift to a new paradigm for trading andtreasury application software development: reuse of object-orientedrepresentations of the bank's systems. We now turn to the details ofthe discussion that develops these themes.
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