Insurance Systems Insights

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Is the new Gotham crime buster Lawsky targeting the big smoke?

20th August 2012

Company: bobsguide
By Neil Ainger Benjamin Lawsky. The name has a certain ring to it doesn’t it? Even the surname hints at his profession as a lawyer and evokes images of other great Gotham-based crime fighters of the past such as Rudy Giuliani, the untouchables’ Eliot Ness or even that other Eliot who didn’t end up so well, Eliot Spitzer,... read more
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Live trailling enables big IT changes to be made safely

24th April 2012

Company: bobsguide
By Maeña Twomey, integration programme manager, Lloyds Banking Group Maeña Twomey, programme manager for the Halifax Bank of Scotland (HBOS) Live project, which integrated the bank’s operations and its disaster recovery capabilities into Lloyds Banking Group’s over-arching IT infrastructure, looks at the issue of... read more
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Managing Content for Competitive Advantage: ECM in the FS Industry

8th March 2012

Company: IBM
By George Parapadakis, IBM’s head of enterprise content management (ECM) Strategy in the UK How can financial services (FS) firms empower employees to manage their own content? How do they discover and manage dormant content? George Parapadakis, IBM’s head of enterprise content management (ECM) Strategy in the UK, examines how... read more
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Breaking the back of the PPI mis-selling challenge

5th March 2012

Company: bobsguide
By Mark Dunleavy, Managing Director, UK, Informatica A recent report from the Financial Ombudsman Service (FOS) showed that UK retail banks are still struggling to manage payment protection insurance (PPI) mis-selling cases, with 3,000 fresh compensation cases every week. The latest complaints figures against UK banks also show that PPI... read more
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FSA compliance could provide the foundation for better CPM systems & improved business performance

6th February 2012

Company: bobsguide
By Dean Dickinson, managing director of Advanced Business Solutions The financial services sector is often driven by regulation these days. Organizations in the sector can be forgiven for focusing their resources on ensuring compliance with Financial Services Authority initiatives such as Treat your Customers Fairly (TCF), Know your Customers... read more
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Smartphones: What Security Risks Do They Pose?

2nd February 2012

Company: bobsguide
By Alan Thomas, a technology & media executive at the specialist insurer Hiscox Travel anywhere on a plane or train these days and you’ll no doubt notice that you are surrounded by people using a smartphone. They are an extremely useful modern tool that is used by many companies and individuals alike to keep in touch and do work while on the... 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
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
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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
A busy year for Big Data errors

A busy year for Big Data errors

2nd December 2011

Company: ClusterSeven
By Ralph Baxter, CEO at ClusterSeven2011 should go down as the most significant year yet for errors in the sea of unstructured financial data - increasingly seen as part of the Big Data problem engulfing all modern institutions. One wonders what 2012 will bring.Despite the problems that these errors have caused, firms such as ClusterSeven face a... read more