In June, I attended the South Dakota/North Dakota Banker Association Annual Convention in Fargo as part of SDN Technologies. The banking industry is going through a lot of changes; many of which have an effect on community banks in North and South Dakota. The regulatory environment within the banking industry has encountered significant change. SOX/PCI compliance along with new offerings like Remote Deposit require community banks to embrace new levels of sophistication that would have been unexpected even 3 or 4 years ago.

Despite these new challenges and lingering effects of the economy, community banks continue to move forward on core, strategic IT initiatives like IP Telephony and storage.  Attendees were also interested in technologies that can either help generate incremental revenue, like MPLS (multi-protocol label switching) broadband, or lessen risks, like advanced network security appliances. 

If you’d like to find out more about what technologies SDN can offer your bank, call me at 605-978-1038.

Eric Sahly
Senior Account Executive
SDN Technologies