Technology strategy has become a necessary concept for today’s banking industry. Platforms are more complex to manage, regulations are more stringent to follow, and IT professionals are more difficult to hire and retain. Faced with the decision to renew its contract for in-house processing, which it had been doing for decades, The Blue Grass Valley Bank completed an in-depth evaluation of its IT enterprise—and made the decision to go an entirely different route. The executives at Blue Grass Valley examined the pros and cons of in-house processing versus a service bureau offering, and they decided that CSI NuPoint®, a cloud-based core platform, delivered a competitive advantage. According to Anthony Crane, the bank’s CEO, “moving to a data center allows us to offer better services, give

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