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These CIOs have the scope and assets to ship significant business and shareholder value to organizations via reducing costs, raising customer satisfaction and differentiating their firms in the market. While there is a clear disconnect between CIO compensation, IT spending and shareholder value in lots of organizations, many corporations unfortunately rationalize this lack of alignment based on the dimensions or complexity of their closely IT-dependent organizations. Those individuals often have more than a dozen accounts of differing kinds and complexity with a single institution, in accordance with Tom Mitchell, a programs architect with the Private Client Services (PCS) division of Wells Fargo & Co. The PCS division, Wells’ non-public banking group, is one of the largest in the country and manages $195 billion in belongings - nearly 40% of Wells’ whole assets - on behalf of 830,000 purchasers. Wells installed the first iteration of its service-oriented structure (SOA) within the early nineties to higher perceive customers’ financial knowledge, particularly for rich individuals with multiple accounts whose knowledge was saved in numerous databases, knowledge marts and different techniques. However it could not create a unified, actual-time view of multiple accounts. In some circumstances, shareholder value creation is clear, whereas in others, there seem like a number of components driving excessive CIO pay

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