Retail Banking Systems Insights

IDC predicts tough year ahead for fintech firms as EMEA FIs cut spending

IDC predicts tough year ahead for fintech firms as EMEA FIs cut spending

19th January 2012

Company: bobsguide
The future profitability of financial technology providers is in jeopardy this year believes IDC Financial Insights as IT spending by EMEA banks will decrease to a growth rate of just 2.9% in 2012. The gloomy prediction, made at the Pewterers’ Hall last night in the City of London during IDC’ s 2012 Predictions for EMEA Financial Services... read more
Cloud computing in financial services: a reality check

Cloud computing in financial services: a reality check

22nd December 2011

Company: IBM
A rapid shift in attitude towards cloud computing is happening within the financial services industry. A recent Gartner survey (1) found that cloud is the top priority for global FS CIOs, yet the hype surrounding the topic often suggests otherwise. IBM’s Nick Davis cuts through the noise to answer the question – what is really happening with... read more
Automating the P2P process with document management

Automating the P2P process with document management

21st December 2011

Company: V1
By Julian Buck, managing director, Version OneAmidst a turbulent economic climate, UK businesses are looking at ways to cut costs while ensuring greater control over spending. Procurement is under close scrutiny in many UK organisations, however somewhat surprisingly, some companies’ procure to pay (P2P) processes remain paper heavy and labour-... read more
Why banks need real-time risk data at their fingertips

Why banks need real-time risk data at their fingertips

16th December 2011

Company: SAS
By Dale Stevens, head of Capital Markets, SAS UKThe global financial crisis and ongoing market volatility in the eurozone are having profound implications for the capital markets. A bout of stringent regulation has swept through the industry in recent years and banks are under pressure to better understand their risk exposure. The global regulatory... read more
2011: The year of “mobile-assisted shopping”

2011: The year of “mobile-assisted shopping”

15th December 2011

Company: Sybase
By Haridas Nair, vice-president, mCommerce Solutions and Services, Sybase 365Will holiday shoppers bring mobile purchasing into the mainstream this year? They are ready, according to a recent joint survey done recently by the Mobile Marketing Association (MMA) and Sybase 365. (1) Almost two-thirds of US consumers - 62 per cent - say they would be... read more
E-business suitability myths and strategies for the insurance industry

E-business suitability myths and strategies for the insurance industry

15th December 2011

By Randy Croce CPCU, CIC, Tata Consultancy Services The insurance industry is cautious by nature; after all, it is a business based on managing risk. Slower to embrace e-business strategies compared to securities, brokers and investment companies, this industry has made circumspective steps in progressing towards an online presence; primarily, by... read more
And so here comes the egg before the chicken

And so here comes the egg before the chicken

15th December 2011

Company: Fixnetix
Snippets from pending regulatory environments in Europe and USKaren Bertoli, chief marketing officer, Fixnetix and Bob Fuller, chairman of the MiFID IT Sub Group and director, FixnetixNews is news when it first occurs and we have all heard the phrase “old news is no news”. One would be hard pressed to not see, hear or read the daily worldwide... read more
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Leveraging cloud computing for the financial services sector

12th December 2011

Company: Vordel
By Mark O’Neill, CTO, Vordel Cloud computing adoption continues to gain momentum across a broad range of industries including financial services. Once organisations manage to filter through the noise surrounding the cloud, there are actually some very pragmatic ways in which the IT organisations of banks, insurers and similar institutions can... read more
OTC automation could spur cross-asset crashes

OTC automation could spur cross-asset crashes

12th December 2011

Dr Richard Bentley, Industry Vice President, Banking & Capital MarketsRegulators in Europe and the US are grappling with how to make over the counter (OTC) markets more transparent and easier to monitor. Automation is the key and the mandated use of swaps execution facilities (SEFs) and central counterparty clearing houses (CCPs) will revolutionise... read more
Who will own NFC?

Who will own NFC?

7th December 2011

Company: Sybase
By Matthew Talbot, Senior Vice President for mCommerce at Sybase 365 Google officially launched Google Wallet, “the app that makes your phone your wallet,” at the end of September (for customers of US telecom operator, Sprint, with a Nexus S 4G phone). Hot on its heels was the announcement from Isis, AT&T, T-Mobile and Verizon consortium, that... read more