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Banks should address IT complexity with more, not less, technology - Cornerstone Advisors

August 19, 2015 - A new research report from management consulting firm Cornerstone Advisors finds that as banks and credit unions struggle with an overload of technology projects, the remedy is having more technology—not less technology.

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SAP HANA® to Transform Business Processes and Data Analysis for Banking and Insurance Customers

June 23, 2015SAP SE (NYSE: SAP) today announced a new foundational offering that aims to help financial services and insurance companies better manage their integrated risk and finance processes.

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Banks resort to box-ticking to meet ovewhelming regulatory burden

June 17, 2015 - Today, GFT, one of the world's leading IT solutions and consultancy providers to the banking sector, releases the findings from a global research project aimed at uncovering the attitude of the global investment banking community to 'The New Normal' - a constant state of regulatory change.

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HSBC to slash jobs and overhaul IT

June 9, 2015 - HSBC is to shed 50,000 jobs globally in a major restructuring that is intended to save the bank $5 billion per annum by 2017.

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Cinnober publishes framework for fintech quality assessment

April 29, 2015 - A bold new initiative is being launched today that has the potential to benefit the entire financial technology industry – the Financial IT Quality Assessment (FIQA).

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Businesses must embrace M2M technology or get left behind, warns Advanced

March 23, 2015 - Service management organisations could miss out on vital business intelligence, lucrative new revenue streams or fail to meet rising customer demands unless they embrace machine-to-machine (M2M) technology. These are the findings of a new white paper commissioned by service management software provider, Advanced Field Service (Advanced).

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Rise of enterprise technologies means CIOs must take the lead to align business and IT, argues new EIU e-book

February 27, 2015 - A new e-book published today by The Economist Intelligence Unit advises CIOs and IT executives to lead a culture of mutual communication and cooperation as new technologies, especially the cloud and advanced applications, rapidly change how enterprises operate. 

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Front Office Survey shows reliance on manual processes impacting investment performance

February 9, 2015 - SimCorp, a leading provider of investment management solutions and services for the global financial services industry, today announced the results of a survey of asset management front office participants which showed manual processing had a negative impact on returns.

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