Entries Tagged as 'IT'
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 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 | December 8, 2011 | 2 Comments
Contributed by David Furlonger Today’s WSJ suggested the Euro currency was finished: Banks Prep for Life After Euro This is another news article, in a continuing stream, that has become more intense over the last several months. The question is, are IT professionals, as opposed to economists and maybe politicians, prepared for a redenomination of [...]
Category: Customer Executive Decisions insurance operations payments social networking twitter Tags: banking, banking and investment services, Basel II, BCM DR, cio, euro, financial crisis, financial services, financial services restructuring, IT, market crisis, Operational risk, payments, regulation, risk management, scenario planning
by Kristin Moyer | November 3, 2008 | 6 Comments
Kristin Moyer, David Furlonger, Peter Redshaw and Rick DeLotto here. The US election has almost arrived. A few final thoughts on how the newly elected President and Congress will impact banks and IT: We believe that R&D is likely to continue to move “offshore” to countries with existing technology capabilities, interests and funding. The key [...]
Category: Uncategorized Tags: $700 billion bailout, banking and investment services, IT, twitter, us election
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 22, 2008 | 1 Comment
Frank Schlier here. Now may be a good time for large regional banks that didn’t get tied up in CDOs and other derivatives to tear out a page from Sun Tzu’s play book: The smaller army can defeat the larger by attacking small pieces. Case in point, I met with a large regional bank in Europe [...]
Category: Uncategorized Tags: banking and investment services, cdos, economies of scale, europe, IT, m&a, regional banks, reusable infrastructure, sun tzu
by Kristin Moyer | October 10, 2008 | Comments Off
Last week Marty Lippert of Citi was promoted from CIO to Chief Operations and Technology Officer and Ken Harvey of HSBC was promoted to Chief Technology and Services officer. Both are reporting to the CEOs of their respective organizations. In both cases, operations and IT are coming together. Gartner analyst Kristian Steenstrup argues that informational technology [...]
Category: Uncategorized Tags: banking and investment services, IT, operations
by Kristin Moyer | October 8, 2008 | 2 Comments
David Furlonger here. Incidents in Asia highlight the reach of the credit crisis on otherwise comparatively protected markets. They also indicate that the consumerization of IT has led to real-time influence over bank viability. Recently a rumor in Malaysia spread that suggested depositor protection was available up to only Rng 60,000. This lead to a [...]
Category: Uncategorized Tags: banking and investment services, consumerization of it, financial crisis, IT, liquidity, silent bank run