The practice is aimed at chief information and technology officers in financial services firms.

Aite-Novarica Group, an advisory firm for banks, payments providers, insurers, and securities firms, has launched its Financial Services CIO/CTO Advisory practice.  

The service is designed for senior executives in banks, payment providers, and securities/investment firms who lead the technology function or are responsible for technology strategy and execution. 

The firm said its new unit is led by Mitch Wein, head of Financial Services CIO/CTO Advisory. Joining him on the team is research associate Aisha Chandraker.

“Senior IT executives – CIOs, CTOs, and heads of architecture – do not have internal peers in their organizations,” Wein said. “IT leaders in banking, payment providers, and securities/investment firms now have an advisory membership that focuses on their technology challenges, framed within their relevant industry and regulatory context.”

Wein has produced a new impact report, Banking Core Systems Map, presenting a common frame of reference for bank IT executives to discuss their application portfolios and how they embed them into a reference architecture.