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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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Global bank IT spending to hit $196 billion in 2015

February 6, 2015 - Total bank IT spending across North America, Europe, and Asia-Pacific will grow to $196.7 billion in 2015, an increase of approximately 4.6% over 2014, according to forecasts by Celent.

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