Meet the HP technology experts
Connect with an HP technology expert to help move your business forward.
Consulting experts
Team up with technology experts from HP who have the know-how to transform your business. Access technology in new ways. Take advantage of IT to capitalize on new opportunities. Be ready for what’s next.
Karl Renold
What I can do for you
I always look for ways to apply IT to achieve what often seems at first impossible, but ultimately delivers maximum value for my clients. I focus closely on our effective communication together, ensuring that every aspect of the problem at hand is understood.
When I look at a challenge a client has, I think about how it can be resolved in the best way, considering all aspects and the client’s current realities. I try to figure out how to reach the client’s expectations before I start, and I always have the end result in mind.
Who I am
A strong financial services industry (FSI) background, with more than 25 years of IT experience, has allowed me to develop a broad FSI expertise. I have worked on both the client and the consulting sides of the business. Proposing, planning, and executing the delivery of highly complex, mission critical systems in the areas of private banking, investment banking, and capital markets have added tremendous value to organizations like yours.
By emphasizing complete transparency in our relationship, I believe we will always be working toward the same goals.
Clear Roles
The financial services industry faces dramatic cost pressures, which will continue for some time. Bringing down production costs without impacting innovation and business growth will be the challenge. This will lead to consolidation, efficiency, effectiveness and focus.
New ways of thinking and doing business will evolve; work labor arbitrage and running head count reduction initiatives are no longer enough. What I term “the cloud paradigm” will eventually dominate, leading to highly specialized cloud consumer focused IT organizations. These new organizations will move beyond expensive, hard-to-maintain environments to become lean and flexible.
I always work to provide my financial services clients with a variety of cost savings initiatives, including cloud prototypes and deployments. You will be regularly advised in how to implement the right IT solutions to generate maximum business value as we work together first to understanding the business problem, and then to explore viable solutions.
Automating Processes
Cost minimization requires that you streamline and standardize your operations with an inexpensive, mainstream infrastructure. Many financial services companies are automating as many processes as they can to achieve leaner operations. I can work with you to do more with less, by recommending what is required to satisfy your immediate needs while enabling business growth and innovation.
Regulation
Financial turmoil in recent years has led to stricter regulatory requirements everywhere. Implementing these regulatory requirements means huge investments for financial services institutions and this means that investment dollars will not be available for business development initiatives. Moreover, smaller firms might not be able to carry the regulatory costs themselves, leading to a wave of consolidation in the sector. I do expect this trend to continue, and I will work with you to develop consolidation strategies for your data center infrastructure, data, processes and applications.
