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Confluence Survey Reveals Growing Concern Over Risks Associated With Manual Processes In The Asset Management Back-Office

October 27, 2014 - Confluence, global leader in data-driven, scalable software and service solutions for the managed investment industry, today released the results of its 2014 Asset Management Industry Trends Survey. Nearly all survey respondents (94%) voiced concern that manual processes might affect their ability to control errors in the back-office, up from 85% in 2010.

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Banks worldwide to invest $16 billion in branch transformation - IDC

October 23, 2014 - According to a study carried out on behalf of Wincor Nixdorf by the American company International Data Corporation (IDC), a global leader in IT market research and consulting, in 2017 banks all over the world will invest some 16 billion U.S. dollars in branch transformation and the new technologies it requires.

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Changes in Regulation Have Led 77 Percent of Global Financial Institutions to Alter their Business Models

September 30, 2014 - Broadridge Financial Solutions, Inc. (NYSE:BR), the leading provider of investor communications, technology-driven solutions and data and analytics, today announced the findings of a global survey of more than 400 executives assessing recent operational changes among financial institutions. The survey, sponsored by Broadridge and conducted by The Economist Intelligence Unit, found a majority of institutions (77 percent) are altering their business models as a result of recent changes in regulation and market structure; this has also elevated the status of chief operating officers (COO) within the C-suite.

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Banks could make big T2S-related savings - research

September 9, 2014 - Banks and brokers could save millions of euros if they act fast to adapt their securities and cash supply chains for Target2-Securities (T2S), according to Clearstream commissioned research.

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Fear remains a barrier to IT change despite rising budgets reveals SQS

August 28, 2014 - Software quality specialist, SQS, has found that despite growing IT budgets over the past 12 months[1], the fear of downtime and a lack of resource is still holding many organisations back from embracing IT change. However, the risks of not doing so could be just as costly, with technology very much the driving force behind every successful business today.

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Organisations' Customer Experience Management (CEM) ambitions increasingly dependent on Smart Process Applications according to AIIM Research

July 30, 2014 - BPM-derived Smart Process Applications represent a new opportunity to apply adaptive, intelligent workflow solutions to solve the major challenges in managing complex cases and improving customer experiences, according to the findings in the latest AIIM industry watch 'Case Management and Smart Process Applications'.

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DTCC and banks form client data and documentation utility

July 29, 2014 - Together with six founder banks, The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced the establishment of Clarient Entity Hub, a financial industry solution designed to provide increased controls, standardization and transparency during the client on-boarding process and ongoing client lifecycle events.

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Technology threatens European banking model

June 23, 2014 - European retail banks need to radically overhaul their technology infrastructure if they are to face off the competitive threats to their business from a host of new startups, says consultancy Deloitte.

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