In today’s fast-moving but cost-conscious world, financial organizations face increasing pressure to modernize their technology infrastructure while managing costs, maintaining security, and ensuring operational efficiency. The selection of technology vendors has become a critical strategic decision that impacts productivity, user experience, and competitive positioning. Poor vendor selection can result in implementation delays, cost overruns, and strategic misalignment that affect an organization’s ability to operate effectively.

This report provides a structured approach to identifying the right vendor for an organization, focusing on key considerations that enable organizations to make informed decisions aligned with their strategic objectives. It is based on Datos Insights’ comprehensive analysis of vendor selection processes, frameworks, and outcomes across industries.
Clients of Datos Insights’ Fraud & AML service can download this report.
About the Author
David Barnhardt
David has over 22 years of fraud mitigation in banking and payments. Throughout his career, he has served as the Emerging Risk Executive at Bank of America, Payments Product Line Head at Early Warning, Chief Experience Officer at Giact, and Head of Fraud at Conduent. David is a frequent contributor to industry publications and conferences. He has authored multiple patents...