"Rengineering" has replaced "outsourcing" as the term most likely to be heard at banking conferences, and like most buzz words, the more it is used, the murkier its meaning becomes.

While some bankers throw around the word to describe how they complete such mundane tasks as replacing a mail-sorting machine, the process of reengineering entails a complete re-thinking of strategic business goals.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.