Retired Member
The demands on CIO budgets within the finance sector were supposed to ease this year, however demands of 'the same for less' are as strong as ever. There are several ways to meet this request including rationalisation of the technology portfolio, ensuring architecture is stuck to ( and the right supplier contracts negotiated ), using development a...
01 June 2007 /wholesale
Olivier Berthier CEO at Moneythor
Forget about trade services, trade finance, UCPs and documentary credit, what we all do now is called Financial Supply Chain (or SCF for Supply Chain Finance). How many "Heads of" have we seen lately with freshly updated business cards showing new supply chain-related titles? A lot! Revolution or Evolution? Well, the notion of financial s...
30 May 2007 /wholesale Financial Supply Chain
EBAday is now less than a fortnight away. You may like to know that the latest EBAday agenda is available to download as a PDF on the EBAday web site. If you've any comments on the agenda - log in and start a blog about it or add a short comment to this item if you prefer.
25 May 2007 /payments /wholesale EBAday
Paul Penrose Head of Research at Finextra
A tornado whips through your town and flattens every building in sight – including the local bank. What’s your disaster recovery plan? This was the situation facing 83-year old Greensburg State Bank in Kansas after an F5 tornado levelled its home town on 4 May. In spite of their personal property losses, by Monday, 6 May at 9 am, bank employees ha...
18 May 2007 /retail /wholesale
Elton Cane Digital product delivery at News Corp Australia
The constituent companies of the Finextra50 index at its launch this week comprise a momentary snapshot of an industry in a rapid state of flux. If we had conducted the same index compiling exercise just two or three months ago, at least three companies would have appeared that now don't -- Bisys, Corillian and J Harland. And I anticipate that in...
11 May 2007 /retail /wholesale Finextra50 fintech index
Following Chris’s forays into the wild world of statistics this week, I thought I’d regale you with a few numbers of my own. According to my personal Finextra Community site stats, Finblog (that’s me folks) has so far notched up nearly 15,000 page views in the two months since we’ve been live. It’s a modest figure when set against the 2.5 million&...
27 April 2007 /retail /wholesale
After many years of talking about the need for core banking system replacement among US banks, it seems that foreign and domestic vendors are finally making some headway. But if the predicted boom in replacement projects emerges, where will the banks and vendors find the required technical and business staff to do the work? i-Flex has been target...
23 April 2007 /retail /wholesale Trends in Financial Services
If ABN Amro hadn't agressively pursued an outsource/offshore strategy over the past two years, would it have been broken-up and sold off much earlier? The answer is probably yes. In its 2006 annual report, the bank claimed that Services IT (responsible for group infrastructure and managing the recent offshore/outsourced arrangements) realised its E...
23 April 2007 /retail /wholesale
Royalblue’s decision to splash up to £63 million on buy-side OMS vendor LatentZero has been given a firm thumbs down by industry analyst Gartner. Unveiling the deal earlier this week, the London-based vendor played up the strategic benefit to the two companies and their respective customers "by providing, for the first time, the potential for...
20 April 2007 /wholesale Finextra50 fintech index
Hardened Crackberry addicts in the US were forced to go cold turkey last night following an outage at Research in Motion’s network data center in Canada. The sudden blackout left users from Wall Street to Capitol Hill reeling. "I felt like my left arm had been amputated," Joe Shoemaker, communications director for Assistant Senate Democ...
19 April 2007 /retail /wholesale Whatever...
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