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1© Copyright 2015. Computer Services, Inc.
WAIT,AREN’T YOUA BANKER?
THE SOFT COSTS OF MSPs
2© Copyright 2015. Computer Services, Inc.
In a recent MSPAlliance survey*, 50% of respondents cited the ability to return to their core competencies
as their main reason for seeking a Managed Services Provider (MSP)
So, do you want to get back to the business of banking?
3© Copyright 2015. Computer Services, Inc.
As technology complexities continue, COOs often inherit IT responsibility and all that’s entailed:
• Stacks of compliance paperwork • Asset documentation• Ensuring all technology is running
appropriately • Vendor management and more…
…on top of operations duties.
4© Copyright 2015. Computer Services, Inc.
DID YOU “INHERIT”IT?
GIVE ITALL BACKAn industry-focused MSP can ease your burdensby helping with:
• IT strategic planning
• Technology-related mergers & acquisitions
• Efficiencies in your IT enterprise
• New services that may positively affect profitability
5© Copyright 2015. Computer Services, Inc.
INDUSTRY-FOCUSED MSPsWALK A MILE IN YOUR SHOES
6© Copyright 2015. Computer Services, Inc.
It makes sense to partner with an MSP that undergoes stringent examinations similar to FFIEC bank exams. Here’s why:
Prep you forexams and audits
Cut examination time, in some cases from days to just hours
Understand how financial institutions make money
Tie technology to the business of banking
Identify and eliminateunnecessary hardware/software
Furnish live support to your bank 24x7
UNMATCHEDDUE DILIGENCE
In addition to stringent exams, many banking-focused MSPs undergo SOC 1, SOC 2, SSAE 16 and other third-party audits, ensuring the strictest of standards in technology delivery.
7© Copyright 2015. Computer Services, Inc.
A crucial aspect of selecting an MSP is factoring in the key areas of vendor management.
LIKE COMPARINGAPPLES TO PORK CHOPS
8© Copyright 2015. Computer Services, Inc.
If you look side-by-side at banking-focused MSPs and all others,there’s really no comparison...
9© Copyright 2015. Computer Services, Inc.
Possess technical skills to maintain and manage IT assets
Maintain knowledge to troubleshoot and repair IT issues
Help your institution save money, grow in assets, and improve efficiencies, security
and disaster recovery
Provide live support 24x7
Hold deep financial industry experience: trends, technology and operations
Undergo stringent exams similar to FFIEC exams for banks
Undergo SOC 1, SOC 2, SSAE 16 and other third-party audits
Hold regulatory knowledge that can cut examination times from days to just hours
Contribute IT strategic planning that addresses financial institution challenges
Hold financial industry certifications
Establish your “just right” volume of equipment to limit complexities
Offer vCIO services
APPLES = GENERAL MSPs PORK CHOPS = FINANCIAL INDUSTRY MSPs
