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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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North American bank IT spending to reach $62.2 billion in 2015 - Celent

January 29, 2015 - North American bank IT spending is set to grow from $59.5 billion in 2014 to $62.2 billion in 2015, as the region's banks continue to right-size their branch networks and overhaul their online and mobile channels.

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Retail Banks turn to IT to drive revenue in 2015

January 6, 2015 - Retail bank IT investment in 2015 will be focused squarely on driving revenue growth, according to new research from Ovum, the global analyst house. Digital channels will be at the heart of this activity, particularly as the improving economy has meant reducing costs and headcount is no longer a priority. The large majority of investment made in 2015 will be focused on progressing with an omnichannel experience for customers.

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New IDC MaturityScape Benchmark: IT Strategy and Innovation in the United States

January 6, 2015 - International Data Corporation (IDC) announced a new report, IDC MaturityScape Benchmark: IT Strategy and Innovation in the United States (Doc #252532).

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Advanced 365 - CIOs must join the board if companies are to benefit from emerging 'disruptive' technologies

December 3, 2014 - Company boards must work more closely with their CIOs if they are to benefit from 'disruptive' technologies, including cloud computing and mobile internet, that have the greatest potential to drive innovation and growth. This is a key finding in a new report - 'The Board and the CIO'- published today by Advanced 365 (Advanced).

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TCS BaNCS rated "Best in Class" for Design and Security and Enterprise Support in Online Banking Solutions Report

November 26, 2014 - TCS BaNCS, was listed as "Best in Class" for two categories of Online Banking Solution by CEB TowerGroup analysts. CEB TowerGroup analysts ranked TCS BaNCS as "Best in Class" for Design and Security and Enterprise Support categories among top vendors providing online Banking Solutions around the world.

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Digital agenda driving IT hiring spree at City investment banks

November 10, 2014 - London's investment banks have gone on an IT hiring spree as the industry accelerates its investment in digital technologies and acts to replace staff lured away by the promises of riches from fintech startups, according to fresh data from recruitment outfit Astbury Marsden.

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