Entries Tagged as 'cost containment'
by Kristin Moyer | January 20, 2012 | 2 Comments
Contributed by David Furlonger Today we conducted our Euro Crisis Webinar. 416 participants were surveyed about: Whether their enterprise had plans in place to deal with a worsened euro crisis Whether the euro crisis has impacted their IT budget Whether the euro crisis would influence investments in innovation Results of the polling revealed that 50% [...]
Category: banking CIO Customer euro Executive Decisions insurance operations payments securities social networking twitter Uncategorized Tags: banking, banking and investment services, Basel II, cio, cost containment, customer communication, customer service, customer trust, financial crisis, financial services, financial services restructuring, innovation, insurance, IT, market crisis, Operational risk, regulation, regulatory compliance, restructuring, risk management, scenario planning
by Kristin Moyer | January 10, 2012 | Comments Off
Contributed by David Furlonger [ Register Now For January 19th webinar: Euro Crisis Webinar ] An interesting article appeared on Reuters yesterday: Financial repression is here and may be helpful. It discusses and supports the potential for greater control over the financial markets by governments, including a continuation of the current schemes that print more money [...]
Category: banking CIO Customer euro Executive Decisions insurance operations payments securities social networking twitter Uncategorized Tags: banking, banking and investment services, Basel II, BCM DR, cio, cost containment, customer service, customer trust, financial crisis, financial services, financial services restructuring, innovation, insurance, IT, lending, market crisis, Operational risk, regulation, regulatory compliance, restructuring, risk management, scenario planning, sourcing
by Kristin Moyer | December 20, 2011 | Comments Off
Contributed by David Furlonger On the weekend, I read a rather alarming commentary by David Stockman European Banking System is on the Verge of Collapse. While this analysis clearly highlights the fragility of bank balance sheets, it doesn’t dig deeply into the graver issue facing the Eurozone policy makers and indeed the world – that [...]
Category: banking CIO Customer euro Executive Decisions insurance operations payments securities social networking twitter Tags: banking and investment services, Basel II, BCM DR, cio, cost containment, credit card, customer communication, customer service, customer trust, financial crisis, financial services, financial services restructuring, innovation, IT vendors, lending, market crisis, Mint, mobile banking, mobile payments, p2p lending, payments, paypal, regulatory compliance, restructuring, risk management, scenario planning, social media, social networking, twitter
by Kristin Moyer | December 13, 2011 | 1 Comment
Contributed by David Furlonger Commentators suggest over half of the companies on the 2009 Fortune 500 list began during a recession or bear market. Does this offer hope to a European market saddled with an on-going crisis and likely poor economic growth, if not recession, for several years to come? The new European Programme for [...]
Category: banking CIO Customer euro Executive Decisions insurance operations payments securities social networking Tags: banking and investment services, Basel II, BCM DR, cost containment, customer communication, customer service, financial crisis, financial services, financial services restructuring, innovation, insurance, IT, market crisis, Operational risk, risk management, scenario planning, social media
by Kristin Moyer | December 9, 2011 | Comments Off
Contributed by David Furlonger As announced on the BBC (and other media outlets) today: Euro crisis: Eurozone deal reached without UK it appears on the surface as if consensus has been reached between many Eurozone countries on addressing the crisis. All but the UK whose current leader believes such a deal is not in the [...]
Category: banking CIO Customer euro Executive Decisions insurance operations payments securities social networking Tags: banking and investment services, BCM DR, cost containment, customer communication, customer service, financial crisis, financial services, financial services restructuring, insurance, IT, IT vendors, lending, market crisis, Operational risk, regulation, restructuring, risk management, scenario planning
by Kristin Moyer | November 3, 2008 | Comments Off
Peter Redshaw and Alistair Newton here. A recent Gartner meeting for financial services executives in London highlighted just how difficult it is for CIOs to contain costs whilst meeting IT demands. Finding ways to cut costs and – simultaneously – to help maintain or generate income is an acute dilemma for them. As attendees from [...]
Category: Uncategorized Tags: cio, cost containment, financial services, innovation, IT, market crisis
by Kristin Moyer | October 17, 2008 | Comments Off
Not all banks are crawling in a hole during the market crisis. Case and point. I had an inquiry last week with one of the largest banks in the world. They wanted to talk about loan origination and servicing innovation, including things like: We are moving towards the lending services hub for our architecture. What [...]
Category: Uncategorized Tags: banking and investment services, cio, cost containment, financial crisis, market crisis, reduce it as a percentage of revenue
by Kristin Moyer | October 16, 2008 | Comments Off
David Furlonger. I was recently asked: “what is the role of IT in the market crisis?” The obvious reaction from many has been very tactical, and from a senior management perspective: lacking in sophisticated analysis. Cut costs is a constantly repeated manta. A standard arbitrary number seems to be 10%. But seriously, what will this achieve. [...]
Category: Uncategorized Tags: banking and investment services, cfo, cio, cost containment, financial crisis, IT as a percentage of revenue, market crisis
by Kristin Moyer | September 18, 2008 | 2 Comments
The current market cycle has become much more serious this week, with virtually a complete restructuring of Wall Street and financial services in the US as we know it. One likely fallout of this deeper, more concerning market situation will be tightening IT budgets. Most banking and investment services firms have been working to contain [...]
Category: Uncategorized Tags: banking, banking and investment services, cost containment, IT, restructuring
by Kristin Moyer | September 17, 2008 | 1 Comment
The US government bailout of AIG is part of an historic 10 days on Wall Street that has seen American finance reshaped. The restructuring of US finance is impacting economies around the world for many reasons, including high levels of financial integration and an almost frictionless movement of capital on a global scale. How does [...]
Category: Uncategorized Tags: cost containment, innovation, restructuring
