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I think that these days, the best large banks do not view software development as a cost center anymore. I'm hearing more and more from people in banking that b

• markdoubleyou 8y ago
  Fair point. My particular experience was at Washington Mutual, about 13 years ago, which was not one of the "best large banks" by any objective measure. I left about a year before the collapse while they were still raking in money from shady loans... everyone there thought I was nuts for leaving.
• bitfhacker 8y ago
  True and false in my oppinion. Mandatory developments, impositions of central banks, national vat's, auditings and bussiness as usual is seen as a cost. You must do this developments. These are fixed costs and banks tend to minimize them. New products that inovate/diferentiate one bank from another are seen as strategic and costs are seen diferently. What banks optimize in the fixed costs, banks spend in the proof of concepts.