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Bank Technology News
May 2006
John Adams
Core Banking: Webster's Marathon Becomes A Sprint How the acquisitive bank did a multi-year, enterprise-wide core systems upgrade in just over a year-more than two years less than the average time for such a project. 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
April 7, 2009
Maria Bruno-Britz
Banks -- and Their Core Systems -- in Survival Mode Amid an economic downturn that is only beginning to show signs of a bottom, banks are reexamining their core systems -- with a priority on phasing in capabilities to cope with new realities around risk, regulation and customer retention. 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
June 24, 2008
Nancy Feig
Pursuing the Promise of SOA Service-oriented architecture promises to improve a bank's IT efficiency -- and, subsequently, business agility -- in many ways. mark for My Articles similar articles
Bank Systems & Technology
September 2, 2009
Deena M. Amato-McCoy
A Flexible Technology Architecture Is Key to Remaining Competitive Banks are turning to service-oriented architecture, virtualization and cloud computing to enable the flexible technology architecture required to sustain cost-effective operations while responding to today's volatile market. mark for My Articles similar articles
Bank Technology News
October 2008
Glen Fest
Despite Tons of Talk Banks Don't Upgrade Analysts and experts each year proclaim that large U.S. institutions' renewal and replacement needs are growing critical, so expect new mega-deal opportunities to explode. But year after year, the fireworks never come. mark for My Articles similar articles
Insurance & Technology
July 12, 2006
Anthony O'Donnell
In With The New New offerings based on advanced technologies, as well as intensifying competitive pressures, make a strong argument for P&C legacy systems replacement. And while the case for life/health legacy replacement is not as strong, it is growing more persuasive with time. mark for My Articles similar articles
Bank Systems & Technology
April 14, 2010
Nathan Conz
Core Systems Replacement Becoming a Competitive Imperative The need to meet consumers' real-time service demands, and to adapt quickly as those expectations change, is driving many banks to replace their aging legacy systems with modern, flexible cores. mark for My Articles similar articles
Bank Systems & Technology
March 29, 2006
Maria Bruno-Britz
Sticking With the Tried and True The days when large U.S. banks could sustain their old core systems on the IT version of life support are numbered, according to TowerGroup. mark for My Articles similar articles
Bank Systems & Technology
April 25, 2008
Nancy Feig
Enterprise Payments Architectures Are Gaining Ground at Banks The aim of an enterprise payments architecture is to leverage technologies and services across the payments business and throughout the entire organization. mark for My Articles similar articles
Bank Technology News
April 2009
Steve Marlin
Move Customers, but Don't Herd Them Merging banks need to choose between consolidating online banking platforms immediately, or running them separately for a period of time. mark for My Articles similar articles
U.S. Banker
July 2010
Glen Fest
Core Matters Banks have long made excuses for ignoring much-needed upgrades to core processing systems, including the high expense. But the greater cost might be doing nothing at all. mark for My Articles similar articles
Bank Technology News
October 2009
Steve Bills
BofA, Citi Call In the SOA Plumbers Citigroup and Bank of America's sweeping new cash management products signal the mainstream arrival of service oriented architecture -- and its potential to overcome the limitations of legacy systems. mark for My Articles similar articles
Bank Technology News
December 2008
Jim Gahagan
Centralizing Payments With SOA Recent standards and advancements in imaging, real-time data access and service-oriented architecture (SOA) technology have now made it possible to centralize payments without costly replacement of systems. 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
Bank Systems & Technology
September 30, 2006
Maria Bruno-Britz
Speaking the Same Language Banks are faced with a dilemma around the extent to which they should remain in the payments business. mark for My Articles similar articles
Bank Systems & Technology
December 1, 2005
Maria Bruno-Britz
Check 21: Evolution, Not Revolution Originally hailed by legislators as ushering in a new era of banking, it seems the reality of Check 21 is a bit less lofty than they anticipated - so far, at least. mark for My Articles similar articles
Bank Technology News
May 2009
Rebecca Sausner
All the Core Action's With The Vendors The core banking market was shaken up dramatically last month when Fidelity National Information Services announced plans to buy Metavante, increasing the likelihood of further vendor consolidation mark for My Articles similar articles
Insurance & Technology
November 17, 2004
Anthony O'Donnell
Terms of Replacement Legacy replacement can go quickly or slowly but, given what vendors can offer today, the case for moving to newer technology is more compelling than ever. mark for My Articles similar articles
Bank Technology News
March 2011
Shane Kite
Citi Could Pay for Its Conservative Core Approach Keeping domestic deposit customers on what amounts to decades-old, memo-post methods could prove riskier than the newer real-time processing alternative, and not just because mobile banking is taking off. mark for My Articles similar articles
Insurance & Technology
January 5, 2007
Matthew Josefowicz
Responding to a Changing Market: The Core Is Key Core systems replacement has been compared to open-heart surgery -- it is one of the most drastic changes that insurers can make to their IT infrastructures. 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 Technology News
October 2005
Glen Fest
Battle Of Tech Titans: Oracle Vs. Sap: Smoke, But No Fire Figuring out who's winning the SAP-Oracle battle in banking platform services doesn't require a scorecard yet. But an umpire might help. mark for My Articles similar articles
Insurance & Technology
January 5, 2007
Marcus Ryu
Legacy Systems, Legacy Workforce Aging is the trend that should concern insurance CIOs most. mark for My Articles similar articles
Bank Technology News
February 2011
John Adams
A Batch of Trouble for NAB National Australia Bank's season of IT horror, a span of several weeks that featured everything from periodic Web outages to the stalling of thousands of automated transactions, is a stern warning to the industry. mark for My Articles similar articles
CIO
March 15, 2002
Simone Kaplan
Now is the Time to Pull the Plug on Your Legacy Apps Despite the sluggish economy and uncertain business climate, right now is the perfect time to tear down your legacy applications and start over... mark for My Articles similar articles
Insurance & Technology
October 29, 2003
Greg MacSweeney
What's your Legacy plan? One thing's for sure: A monolithic approach won't work. Depending on the particular application and platform, insurers' legacy replacement/enhancement strategies vary widely according to the project specifics. mark for My Articles similar articles
CIO
July 24, 2009
David F. Carr
5 Things CIOs Need to Know About Mainframe Modernization It may make more sense to migrate than modernize, and other advice to keep in mind if mainframe modernization is on your agenda now. mark for My Articles similar articles
Insurance & Technology
May 3, 2006
Deena M. Amato-McCoy
Service-Oriented Change Heterogeneous systems are at the core of many insurance carriers' IT infrastructures. Yet, companies still struggle with how to seamlessly integrate these often disparate systems across their enterprise. Now, a rapidly evolving architectural strategy is quickly changing the landscape. mark for My Articles similar articles
Bank Systems & Technology
November 30, 2004
Cynthia Ramsaran
Legacy: To Be or Not to Be in the Way Analyst says bankers are holding back real-time banking, not legacy systems. mark for My Articles similar articles
Insurance & Technology
August 11, 2010
Peggy Bresnick Kendler
Republic Idemnity CIO Discusses Claims Modernization Following a successful claims system replacement, Republic Indemnity's Rao Tadepalli offers tips to insurers looking to modernize their claims platforms. mark for My Articles similar articles
Bank Technology News
August 2007
Dan Fisher
Pay And Settle At Warp Speed The innovation of the payment system will not be in speed, but in total end-to-end processing. mark for My Articles similar articles
Insurance & Technology
May 18, 2007
Katherine Burger
Insurance Industry Still Unclear As To How To Proceed With Legacy Systems It's time for the insurance industry to do something about legacy systems. But, not surprisingly in this industry, what it is that carriers should be doing is not always so clear. mark for My Articles similar articles
Bank Technology News
August 2007
John Adams
Tech Companies From payments to core processing to Web banking, advances have always relied on innovative platforms. These firms stood out in the race to enable an unprecedented modernization in financial services. mark for My Articles similar articles
Bank Systems & Technology
January 8, 2009
Jeanne Capachin
Institutions With Capital May Find Vendors in the Mood to Deal For institutions that remain well-capitalized, the best advice is to move full steam ahead. If the need is real and solutions are available, this will be the best time to move ahead with a strategic investment. mark for My Articles similar articles
Bank Systems & Technology
January 8, 2009
Christine Barry
Banks Must Take Advantage of Opportunities Where They Find Them Lenders and borrowers have felt the effects as the subprime crisis has evolved into a credit crisis. The result has been strategy changes for many banks, and a greater emphasis than ever before on growing deposits. mark for My Articles similar articles
Insurance & Technology
August 7, 2008
Anthony O'Donnell
Policy Admin System Replacement: Insurers Shift Focus From Systems to Functionalities Interboro Insurance Co.'s policy administration replacement initiative was in key respects a classic case. mark for My Articles similar articles
Bank Technology News
March 2011
Michael Sisk
Are Banks Ready For Real-Time? Given banks' interest in real-time marketing, many vendors are trying to solve technology and business issues. mark for My Articles similar articles
Bank Technology News
March 2009
John Adams
A New Force Down Under National Australia Bank's plotting a global effort to offer payments products to other institutions. mark for My Articles similar articles
Bank Systems & Technology
July 5, 2004
Ivan Schneider
Plug-and-Play Web services and service-oriented architectures lead to shorter development cycles for bank IT departments. mark for My Articles similar articles
Bank Systems & Technology
February 1, 2007
Esther Pigg
Meeting the Corporate Challenge With corporate customers challenging their financial institutions to provide a more-integrated, end-to-end array of payments origination, information management, clearing and dispute resolution solutions, 2007 will be an exciting time in the U.S. payments industry. mark for My Articles similar articles
Bank Technology News
June 1, 2008
Michael Dumiak
Suddenly, SAP Long considered too "old world" in its business practices and unskilled with the regulatory environment, especially in the U.S., SAP now may be on the verge of a major breakthrough. mark for My Articles similar articles
Insurance & Technology
December 23, 2005
Peggy Bresnick Kendler
Enhancing Your Legacy Five industry experts weigh in on the pros and cons of legacy migration and why it is a good alternative to a "rip and replace" approach for insurance companies. mark for My Articles similar articles
Bank Systems & Technology
March 30, 2007
Maria Bruno-Britz
Retail Payments Business Moving More Toward Mobile Increasingly, banks are under pressure to provide multiple payments options to keep customers from going to the bank down the street or even to a nontraditional financial services provider. 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
InternetNews
November 9, 2005
Clint Boulton
Exposing Legacy Apps to Today's SOAs HP today began offering Application Modernization Services to help bring customers' legacy software closer to Web services and service-oriented architectures. mark for My Articles similar articles
Bank Systems & Technology
February 1, 2007
Nancy Feig
Financial Institutions Must Treat Payments Processing as a Business Line to Gain Competitive Differentiation As competition in the payments space continues to heat up, more and more banks will take an enterprise-wide view of the payments business and corresponding technology. mark for My Articles similar articles
Bank Systems & Technology
November 3, 2003
Ivan Schneider
Check 21 or Bust? Capco survey sheds light on check processing trends mark for My Articles similar articles
Bank Technology News
August 2008
Rebecca Sausner
High Cost of SOA Yields Cooperation Credit Suisse has taken a leading role in the newly launched Banking Industry Architecture Network, an industry association with a self-appointed mission to "define and encourage the development of standardized services" in banking. mark for My Articles similar articles