by Kristin Moyer | December 9, 2009 | 4 Comments
As healthcare costs in the West continue to skyrocket, it is not unthinkable that insurance companies would provide corporate-sponsored plans (across industries — including financial services) that provide incentives for patients to utilize medical tourism. For example, an insurance company may provide 90% coverage for an open-heart surgery in India (leaving the patient to pay $870 [...]
Category: Executive Decisions Tags:
by Kristin Moyer | December 7, 2009 | Comments Off
The tide is turning in financial services. Governments, responding to constituents infuriated by things like executives going to a spa after recently receiving government bailout money, have been pressuring financial institutions on executive compensations all year. Financial institution executives are now pushing back. The board of RBS is apparently threatening to resign if the government doesn’t [...]
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Category: Executive Decisions Uncategorized Tags: compensation
by Kristin Moyer | December 7, 2009 | 1 Comment
China is the world’s factory, and has been for some time. With its experience in manufacturing, some of China’s best practices can be brought to other markets and become global practices (see “Innovation Is Reshaping China’s Economy“). These best practices include: Coverage of vast areas at low cost A varied mix of technology and labor [...]
Category: Executive Decisions Tags: china, operations
by Kristin Moyer | October 26, 2009 | Comments Off
From Peter Redshaw. I’m just back from the hugely successful Gartner Symposium in Orlando, USA, so now I have only the one week to help make final preparations for its sister event in Cannes, France! Orlando provided lots of evidence that confidence in the IT industry is starting to grow again and the banking and [...]
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Category: Customer Executive Decisions operations payments Tags: banking and investment services, Cannes Symposium, financial services, podcast, videocast, workshops
by Kristin Moyer | October 15, 2009 | 4 Comments
From Peter Redshaw> Within the Banking and Investment Services team, we continue to receive a wide range of enquiries from our financial services clients. What is clear from these ongoing interactions with clients is that time is of the essence – time to plan and form strategies is in short supply, and clients are increasingly [...]
Category: Executive Decisions Tags: banking, forum, insurance, networking, offshore, outsource, presentation, roundtable, strategies, symposium, workshop
by Kristin Moyer | October 7, 2009 | Comments Off
David Furlonger here…..So the wires are hot again as the dollar falls to new lows. The UN called today for a new reserve currency that the Saudi central bank governor has denied holding talks with China and other countries about dropping the use of the dollar for pricing oil, regardless of press commentary to the contrary that [...]
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by Kristin Moyer | September 30, 2009 | Comments Off
(from Peter Redshaw) — A series of intriguing industry panels at the recent SunGard City Day in London provided lots of analysis on where we all went wrong in the past in the Financial Services industry and – more importantly – a few hints on what might be needed to put it all right again. [...]
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Category: Executive Decisions operations Tags: best execution, CCPs, clearing, compliance, fsa, liquidity, MiFID, regulations, risk management, scenario planning, settlement
by Kristin Moyer | August 27, 2009 | 3 Comments
Rick DeLotto here… I was surprised this morning to find how few knew about the August 7, 2009, “REPORT TO THE PRESIDENT ON U.S. PREPARATIONS FOR 2009-H1N1 INFLUENZA” by the President’s Council of Advisors on Science and Technology. EVERYONE with responsilbity for business continuity should download and take a look at it. http://www.whitehouse.gov/assets/documents/PCAST_H1N1_Report.pdf [...]
Category: Customer Executive Decisions operations payments Tags: bcm, BCM DR, business continuity management, h1n1, influenza, Swine Flu
by Kristin Moyer | July 14, 2009 | 1 Comment
Rick DeLotto here—with apologies in advance for sounding like a broken record on a subject you are all probably tired of already, pandemic planning. There has been some serious bad news recently that should be worked into your response scenarios, though they just haven’t drawn much press: On July 13 researchers at the University of [...]
Category: Executive Decisions Uncategorized Tags: BCM DR, financial services, Operational risk, Pandemic
by Kristin Moyer | June 24, 2009 | Comments Off
Mary Knox here. Today Business Wire reported that Ms Jamie Shay, Head of Standards for SWIFT, is one of three new members appointed to the XBRL International Board of Directors. This follows the March 2009 announcement that Chris Church, SWIFT CEO of Americas and Global Head of Securities, joined the XBRL US board. I think [...]
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Category: Executive Decisions operations payments Tags: ISO 15022, ISO 20022, SWIFT, xbrl
