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Wall Street & Technology
November 27, 2007
Crosman et al.
2008 IT Budgets Up More Than 10% for Financial Services Firms Results of a comprehensive survey of top executives at Wall Street firms, banks and insurance companies found their IT budgets for next year are more than 10% higher than 2007. mark for My Articles similar articles
Bank Systems & Technology
November 24, 2007
Bruno-Britz et al.
Financial Institutions to Increase Spending Modestly On IT In 2008 Amidst the doom and gloom of the credit crunch, a down housing market and talk of an impending recession, financial institutions still see the need for investing in technology to stay competitive and compliant. mark for My Articles similar articles
Bank Systems & Technology
February 21, 2008
Jim Eckenrode
Exclusive TowerGroup Research Report: Bank Tech Spending in 2008 In light of the current market turmoil, North American banks appear to be approaching technology planning and budgeting for 2008 with caution. mark for My Articles similar articles
Wall Street & Technology
January 8, 2010
Melanie Rodier
2010 IT Spending to Rise 6%, CIOs Cautiously Optimistic Capital markets firms will spend almost $42 billion on technology globally in 2010, up from an expected $39.7 billion in 2009 and $41.8 billion in 2008, according to a soon-to-be-released study. mark for My Articles similar articles
Insurance & Technology
September 14, 2004
The Financial Services 40: Tracking Innovation In Financial Services The traditionally risk-averse insurance industry is discovering that innovation is not such a scary concept. The firms that are able to deploy technology in innovative, customer-focused ways consistently have a competitive advantage generating profits and building market share. mark for My Articles similar articles
Insurance & Technology
December 16, 2008
Anthony O'Donnell
Priorities Will Shift, But Insurers' 2009 IT Spending Remains Healthy Given the ravages the financial crisis has wrought in the insurance industry, greater cost consciousness will return to insurance IT organizations. mark for My Articles similar articles
Bank Systems & Technology
December 1, 2005
Deena M. Amato-McCoy
The Blended IT Team According to a recent study, North American banks are increasing their technology spending. mark for My Articles similar articles
Wall Street & Technology
March 14, 2008
Credit Crisis Places IT Budgets in Question (Again) The subprime mortgage mess and credit crunch are impacting financial firms' IT budgets in different ways. But if the multi-billion dollar write-downs continue, one thing is for sure: technology budgets will be in flux for the remainder of the year. mark for My Articles similar articles
Bank Systems & Technology
September 10, 2009
Gwenn Bzard
Bank CIOs Remain Cautious With Spending, Says Exclusive Survey Research conducted by Aite Group shows that some banks will be pulling back on their IT spending in the near future, but don't expect a surge in offshoring. mark for My Articles similar articles
Bank Systems & Technology
July 28, 2006
Nancy Feig
The Next Level in Business Intelligence A new philosophy centered around enterprisewide use of BI tools -- coupled with advances in analytics and data management -- is helping banks make better and more-profitable business decisions. mark for My Articles similar articles
Bank Systems & Technology
August 3, 2005
Peggy Bresnick Kendler
Core Systems To Improve To improve customer service, product development, regulatory compliance and fraud prevention, banks must transform their core systems to enable more agile business processes. mark for My Articles similar articles
Bank Systems & Technology
September 27, 2004
Katherine Burger
Tracking Innovation in Financial Services The idea of innovation has been on a conceptual roller coaster in recent years. mark for My Articles similar articles
Bank Systems & Technology
May 25, 2006
Maria Bruno-Britz
Corporates' Wishes Are Banks' Commands Between industry consolidation and the entrance of new players in the market, banks have their work cut out for them when it comes to serving business customers and meeting their demands. mark for My Articles similar articles
Bank Systems & Technology
September 28, 2007
Maria Bruno-Britz
Transaction Processing Not Enough to Succeed In Commercial Banking Banks will need to move away from the transaction processing model to become the advisers of choice for their corporates. mark for My Articles similar articles
Bank Systems & Technology
August 2, 2005
Maria Bruno-Britz
Charting a Course for the Future Since technology is such a huge cost center at financial institutions, one would think that senior executives would pay especially close attention to how that money is used. This, however, has not always been the case. mark for My Articles similar articles
Bank Systems & Technology
August 24, 2006
Deena M. Amato-McCoy
The New Integration While expanding data volumes and regulatory changes are putting more and more pressure on banks' core processing systems, they can't diminish their original services. mark for My Articles similar articles
Bank Systems & Technology
December 28, 2008
The Bank Technology Hot List: Solutions That Sizzle According to a cross section of bank tech executives, this could be the year that heretofore unproven solutions -- including mobile payments, cloud computing and social networking -- become essential components of banks' strategies. mark for My Articles similar articles
Bank Systems & Technology
November 11, 2007
Feig & Bruno-Britz
Shaping the Future From management shakeups at some of the top financial institutions to fallout from the mortgage crisis, big changes are in store for the banking industry in 2008. mark for My Articles similar articles
Bank Systems & Technology
February 1, 2007
Anthony O'Donnell
Educated Opinions: 2007 Bank Technology Forecast Industry experts give their forecasts for bank technology in 2007. mark for My Articles similar articles
Bank Technology News
April 2006
Michael Sisk
Compliance: The New Rule Book Is Still Like A Maze There are so many new regulations that banks are having difficulty organizing their corporate structure to ensure these new rules are being adequately followed. mark for My Articles similar articles
Bank Systems & Technology
April 28, 2008
Maria Bruno-Britz
Analytics Are Becoming Increasingly Important Tools in Banks' Customer Retention Strategies Predictive analytics tools are helping banks understand customers' behaviors and meet their unique needs with tailored products and services, improving customer retention as a result. mark for My Articles similar articles
Bank Systems & Technology
May 3, 2005
Deena M. Amato-McCoy
Creating Virtual Value By integrating business channels, consolidating customer histories and beefing up security, banks are improving their online offerings to provide customers with all the conveniences of branch banking in the comfort of their own homes. mark for My Articles similar articles
Bank Systems & Technology
June 1, 2004
Lisa Smith
Regaining a Positive Attitude Bankers are feeling better about the economy and their business prospects - and that's translating into renewed IT activity and spending. mark for My Articles similar articles
Insurance & Technology
March 5, 2008
David West
Exclusive Research Report: Insurance IT Spending Slowdown Already Upon Us, TowerGroup Says Although TowerGroup previously observed an upward trend in insurance carriers' IT spending with an anticipated slowing in spending by 2009, the latest research suggests that the slowdown already is upon us. mark for My Articles similar articles
Bank Technology News
November 2007
John Adams et al.
The 6th Annual Innovators Ranking If there's an ethos that ties technologists together, it's the notion that the status quo poses far greater risk than not pushing forward. Among some of this year's Innovators there's an almost militant insistence that banks not shirk. mark for My Articles similar articles
U.S. Banker
November 2007
Lee Conrad
In Pay Raises, Small Banks Outpace the Broader Industry According to America's Community Bankers' annual compensation survey, chief information officers/chief technology officers saw an 11.2 percent increase in their base salaries at community banks between 2006 and 2007. mark for My Articles similar articles
Bank Systems & Technology
August 30, 2005
Maria Bruno-Britz
Commercial Payments: From Many, One All the major players - banks, corporations, regulators and vendors - are attempting to standardize and simplify the commercial payments process. But, everyone seems to have a different idea as to the best way to do so. mark for My Articles similar articles
Bank Systems & Technology
November 21, 2007
Jim Eckenrode
Taking Its Lumps and Moving On Despite the subprime meltdown banks will continue to invest in certain IT areas, including front-end customer management systems, new-account opening processes, mobile banking and payments, and, of course, compliance. mark for My Articles similar articles
Bank Systems & Technology
August 1, 2007
Maria Bruno-Britz
Lenders Focus on Customer Relationships Lenders are challenged to find ways to grow revenue in a more risk-averse climate. As always, technology is playing a key role in their efforts to adapt to the new market conditions. mark for My Articles similar articles
Insurance & Technology
March 25, 2008
Anthony O'Donnell
Economy Portends Insurance IT Budget Cuts The sudden economic downturn owing to the subprime lending crisis will likely blunt insurers' IT investment plans during the next budget cycle, if not sooner, but transformation initiatives will be regarded as essential rather than discretionary. mark for My Articles similar articles
Bank Systems & Technology
January 7, 2005
Cynthia Ramsaran
The Intelligence Factor Banks of all sizes increasingly are turning to an array of tools such as analytics, modeling and forecasting systems - often in the form of a packaged BI solution. mark for My Articles similar articles
Commercial Investment Real Estate
Mar/Apr 2003
Chere LaRose-Senne
Congress Revisits the Issue of Banks Selling and Managing Real Estate Commercial real estate professionals should stay informed on the progress of the Community Choice in Real Estate Act. mark for My Articles similar articles
Bank Systems & Technology
February 27, 2006
Maria Bruno-Britz
Sleeping With the Enemy From large retailers to car companies to technology start-ups, financial services is fair game, thanks largely to the availability of the necessary support technology. mark for My Articles similar articles
Insurance & Technology
July 19, 2004
Katherine Burger
Mood Swing Insurance technology executives aren't exactly singing 'Happy Days Are Here Again,' but they are increasingly optimistic about the business technology outlook, InformationWeek Research reveals. mark for My Articles similar articles
Wall Street & Technology
January 24, 2006
Peter A. Horowitz
Developments on the Horizon Seven trends that could significantly impact brokerages and their support systems: The Aging of the Investor Class... Cross-Market Competition and Consolidation... Direct Market Access... etc. mark for My Articles similar articles
CFO
October 1, 2006
Fink & Durfee
The 2006 CFO Survey of Trends in Banking Finance executives' concerns about the banking industry. mark for My Articles similar articles
Insurance & Technology
March 6, 2008
Catherine Stagg-Macey
International Insurance IT Executives Continue To Invest, Priorities Vary International insurance IT executives in EUrope, Asia and Latin America will continue to invest in technology in 2008, but their spending priorities reflect unique challenges of their local markets. mark for My Articles similar articles
Bank Systems & Technology
February 1, 2007
Peggy Bresnick Kendler
Show Me the Value Industry association executives speculate on the top challenges, opportunities and trends facing the banking industry in 2007. mark for My Articles similar articles
Bank Systems & Technology
June 26, 2006
Maria Bruno-Britz
Lands of Opportunity The international opportunities for U.S. banks with the right IT and know-how can be huge, provided they follow the appropriate strategy. mark for My Articles similar articles
Bank Technology News
January 2008
Glen Fest
Hiring: IT Recruiters Gear up for a Busy Year Despite the global credit crunch, more than half of U.S. financial services firms are planning to increase hiring in 2008, with IT and sales staff in greatest demand, according to a survey by recruitment consultant Claymore Partners. mark for My Articles similar articles
Bank Systems & Technology
December 15, 2007
Nancy Feig
Mortgage Losses Lead to Bank Layoffs Several banks are planning massive layoffs in the wake of the mortgage crisis, and technology professionals in the lending arena probably will not be spared. mark for My Articles similar articles
Bank Systems & Technology
February 10, 2004
Jim Eckenrode
The More Things Change... For big banks, retail's over half the pie. mark for My Articles similar articles
Bank Systems & Technology
February 1, 2007
Mark Sievewright
Enabling Efficient Business Growth Three strategic themes will dominate the banking industry's 2007 IT agenda with the goal of enabling efficient business growth: leverage, integration and customer focus. mark for My Articles similar articles
Insurance & Technology
January 25, 2005
Cynthia Saccocia
Did You Say Controlled Tech Spending? Aw, Not Again! Insurance is an industry that reacts decisively to its business cycles and urgently to intrusions of reality such as catastrophic claims, economic issues and regulation. mark for My Articles similar articles
Bank Systems & Technology
August 2, 2005
Deena M. Amato-McCoy
The Tailored Sell Tired of losing customers to competitors, many banks are restructuring corporate cultures and making customer-centric, cross-selling marketing strategies an enterprisewide priority. mark for My Articles similar articles
Insurance & Technology
November 10, 2008
Anthony O'Donnell
IT Will Power Insurance Industry Response to Crisis Technology spending will be a critical factor for insurers wishing to both take advantage of opportunities provided by the current crisis and address heightened compliance and risk management concerns. mark for My Articles similar articles
Bank Systems & Technology
April 28, 2008
Maria Bruno-Britz
Banks Prove Top Performers in Call Center Study Banks are tops when it comes to their call centers, according to a new study. mark for My Articles similar articles
Bank Technology News
January 2003
John Adams
How the Universe of COSMOS Was Brought Under Control Citigroup's two-decade march of acquisitions has created a global banking network that is disjointed and fragmented, largely because of an antiquated system called COSMOS. An overhaul would modernize its banking empire and enable Citi to deal with rapidly changing needs. Enter Jeff Berg. mark for My Articles similar articles
Bank Systems & Technology
July 1, 2005
Peggy Bresnick Kendler
Speed to Market Achieving speed to market can provide banks with a competitive advantage. But they need flexible technology infrastructures to achieve speed-to-market strategies, and launching products just for the sake of offering something new won't win banks new business. mark for My Articles similar articles
Bank Systems & Technology
July 30, 2007
Nancy Feig
Banks Eye Finance, Accounting Outsourcing Revenue Lagging cash management revenue has prompted many banks to start offering new elements of finance and accounting outsourcing to their corporate customers. mark for My Articles similar articles