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Bank Technology News February 2009 Rebecca Sausner |
Is 'Everything-as-a-Service' Wise? As-a-service is the latest euphemism for outsourcing IT expenditures. How much of a bank's IT operations can or should be outsourced depends on one's perspective.  |
Wall Street & Technology November 18, 2005 Leslie Kramer |
CIO Challenge: Business Process Outsourcing As Wall Street firms reevaluate their core competencies, once-strategic business processes are now being outsourced. But deciding which processes to outsource and managing the provider relationship remain critical to success.  |
Bank Technology News December 2008 |
IT Spend Will Be Slow and Spotty in 'O9 State Street announced last month it will limit the IT budget through cost cuts and greater reliance on contractors.  |
Bank Technology News May 2009 Rebecca Sausner |
All the Core Action's With The Vendors The core banking market was shaken up dramatically last month when Fidelity National Information Services announced plans to buy Metavante, increasing the likelihood of further vendor consolidation  |
Bank Systems & Technology January 6, 2009 Katherine Burger |
Bank Technology Outlook 2009: Risky Business Topics and trends that will set the tone for banking technology decision makers in 2009, with risk management and regulation compliance looming large.  |
Bank Systems & Technology November 24, 2008 Orla O'Sullivan |
Core Processing Providers See Shift to Outsourcing Most banks have come to favor outsourcing over licensing their core systems within the past year or so, seemingly in reaction to the credit crisis.  |
InternetNews April 14, 2010 |
Microsoft Hires Single Firm to Manage its IT Infosys has been providing IT outsourcing almost as long as Microsoft has been around, and now it's taking over the management of many of the software giant's IT functions around the world.  |
Global Services May 1, 2008 Ed Nair |
The U.S. Slowdown: Survive & Thrive The global services industry had its best two quarters ever. And, the next few would be marked by measured optimism. A look at how customers and service providers plan to respond to a slowdown.  |
Bank Technology News January 2003 Holly Sraeel |
What's Out Is Now In. Banks Get Help from The Outside. You know things are changing when even Citigroup -- a shop that once prided itself on proprietary technology innovation almost as much as its banking business -- goes to the outside for help in solving IT challenges and reconciling years of merger-related technology nightmares.  |
Bank Technology News February 2002 Joseph McKendrick |
Leave Computing to Us Outsourcing hits its stride in banking...  |
Wall Street & Technology October 25, 2004 Jim Middlemiss |
BPO Draws Broader Appeal Faced with ever-increasing pressure to cut costs, more investment firms are tapping business process outsourcing.  |
Bank Technology News May 2009 Rebecca Sausner |
The Financial IT World "After" the Crisis "Already the industry has changed fundamentally, and forever," says Tom Warsop, financial services group president at Fiserv.  |
Global Services October 27, 2008 Imrana Khan |
The Uncertain Global Economy A recent survey conducted by AMR Research with support from Global Services reveals that outsourcing sector will see minimal impact of the financial turmoil.  |
Bank Technology News February 2003 Michael Sisk |
Outsourcing Goes On-Demand Bankers like JP Morgan Chase's John Schmidlin, CTO of enterprise services, are increasingly looking to outsourcing firms to help them slash inefficiencies in commodity services and gain the upper hand in more strategic business partnerships.  |
Bank Systems & Technology August 23, 2007 Maria Bruno-Britz |
A New Kind of Executive Needed for Future Bank CIOs Future financial industry CIOs must offer a radically different skill-set than what was needed in the past.  |
Food Engineering April 1, 2008 |
Outsourcing requires homework There's no doubt that outsourcing can save money and take the pressure off several business tasks -- if executed properly. But many companies don't do homework first, according to this Deloitte Consulting 2008 report.  |
Bank Systems & Technology February 24, 2010 Steve Martin |
Is Banking Ripe for Outsourcing? Several trends in the outsourcing provider space are altering the outsourcing value proposition for banks.  |
Global Services May 8, 2007 Imrana Khan |
Compliance Inhibits F&A Outsourcing A recent study finds that the increasing compliance burden of financial execs is the biggest obstacle to finance and accounting outsourcing.  |
CIO May 14, 2010 Carolyn Johnson |
Survey Indicates Technology Budgets on the Mend CIO magazine's quarterly survey shows a brighter outlook for IT departments, but large companies are faring the best.  |
InternetNews January 9, 2008 Larry Barrett |
Outsourcing Market Will Remain Robust in 2008 Gartner predicts an 8.1 percent increase in outsourcing spending this year.  |
FAO Today Mar/Apr 2008 Lisa Ross |
Department Procurement: Try Adding Procurement By outsourcing finance & accounting and procurement together, you can fan the flames of powerful synergies that will go straight to the bottom line -- while helping to improve operations.  |
Global Services May 14, 2008 |
Bracing up for the Slowdown The impact of U.S. slowdown will not be as severe as it was during the dotcom bust; the outsourcing industry has matured fairly well in the past seven years.  |
Bank Systems & Technology January 6, 2009 Maria Bruno-Britz |
Banks to Face Greater Scrutiny in 2009 Banks will experience greater oversight as the new administration seeks to help the finance sector recover.  |
Bank Technology News December 2004 Holly Sraeel |
Outsourcing Gets a Closer Look. But is It Different? The strategic value of outsourcing has always been the source of some debate in banking. The question is, "Is it different than in years past?" Good question, and the answer depends on the size of institution.  |
Bank Systems & Technology January 22, 2009 Orla O'Sullivan |
Big Bank Failures Leave Hole in Tech Spending While some predict a brighter outlook, Financial Insights sees bank technology spending falling 3.2 percent in 2009.  |
Global Services October 31, 2008 Mike Beals |
Governance Tools Can be a Game Changer A successful outsourcing initiative requires the implementation of a disciplined outsourcing lifecycle methodology. To make this methodology work, both the customer and the service provider must together design an approach to govern the relationship using the right governance tools and guidelines  |
Insurance & Technology May 28, 2008 Doug Sheehan |
Enhanced Investment Systems Offer Better Integration of Data The enhanced technical capabilities of external data providers is making it possible for insurers to have better integration with these data sources, having great potential to improve data accuracy, timeliness and efficiency.  |
CIO March 1, 2003 Stephanie Overby |
Bringing IT Back Home Faced with a tight economy, CIOs are scrutinizing everything -- including outsourcing. A number of them have taken back the keys to their shops, saving lots of cash. Here's how you can do it too.  |
Bank Technology News March 2008 Rebecca Sausner |
The FutureNow List The FutureNow List recognizes ten companies that set themselves apart for the security innovations they bring to market, and the contribution these products will make to improving security within financial services organizations.  |
Global Services December 4, 2008 Andrew Efstathiou |
Revisiting Bank Sourcing in Troubled Times Can banks aggressively reduce cost with limited investment funds, managerial time, and limited growth prospects?  |
Global Services October 27, 2008 Ed Nair |
The FUD Factor No doubt, there are opportunities amidst the chaos, but an overall sentiment of fear, uncertainty, and doubt has set in.  |
Global Services March 6, 2008 |
Enabling Better Business & IT Alignment What will set apart great business leaders is the ability to adapt to and manage change well. Here are some tips for selecting and managing multiple IT service providers  |
Bank Systems & Technology June 26, 2006 Peggy Bresnick Kendler |
Outsourcing Questions and answers about bank outsourcing.  |
Wall Street & Technology March 22, 2005 Paul Allen |
The Evolution of Outsourcing Though most trends in the financial services industry tend to be U.S.-led, fund management outsourcing has been more of a U.K. and continental European phenomenon to date, with a raft of high-profile deals hitting the headlines in the past two years.  |
Bank Systems & Technology May 7, 2007 Peggy Bresnick Kendler |
Bank Tech Experts Discuss Vendor Relationships Here, these industry experts talk about outsourcing and offshoring along with other areas of bank tech concerns.  |
Bank Technology News October 2008 Anthony Jabbour |
For Cost Cuts BPO and SaaS Still Deliver Banks are constantly looking for ways to dramatically reduce their IT costs; some banks have already launched programs targeted at cost reductions in the range of 50 percent.  |
Wall Street & Technology August 22, 2006 |
Financial Services Companies Failing to Perform Due Diligence on Outsourcing Deals Although financial services executives view outsourcing as a way to achieve business transformation and a competitive edge, few undertake enough due diligence when considering outsourcing partners.  |
Entrepreneur September 2003 Kimberly L. McCall |
Straight to the Outsource Feeling the crunch? Then it may be time to look outside your company for help.  |
Bank Systems & Technology July 5, 2004 Kristi Nelson |
Pumping Up the Purchasing Power More information and integration are needed to grow corporate purchasing card usage.  |
Bank Systems & Technology January 6, 2009 Terry Moore |
Strategic IT Cost Reduction Can Preserve Core Strengths The pressures on bank IT budgets will continue into 2009 as institutions look to execute broad cost-reduction programs to preserve capital and improve profitability.  |
Bank Systems & Technology March 27, 2008 Cory Levine |
Offshore Outsourcing of IT Losing Popularity Offshore IT outsourcing has taken a sharp downturn in popularity, due to the difficulty in managing it, and lower-than-expected cost savings.  |
Global Services December 2, 2008 Imrana Khan |
What'll the New Year Bring for Outsourcers? Outsourcing will continue to be a lever for transformation. Adding business value will become the norm. Services providers will be pressed to drive business transformation that creates sustainable value for their customers  |
Wall Street & Technology June 13, 2006 |
Spending More Can Be Satisfying Research from an outsourcing and insourcing advisory firm reveals a direct correlation between an organization's satisfaction with its outsourcing efforts and how much it invests in outsourcing management and governance.  |
U.S. Banker August 2008 Jim Bolton |
The Strategic Case for Outsourcing Back-Office Chores It's more critical than ever that banking executives weigh further efficiencies and fresh initiatives to retain and attract customers. This is where business process outsourcing increasingly enters the picture.  |
AskMen.com Terence Channon |
Surviving A Recession Here are some suggestions on how to survive a recession -- and even come out on top once it has run its course.  |
IndustryWeek April 1, 2005 |
Finance -- On Balance Senior executives, especially in this Sarbanes-Oxley era, remain hesitant to outsource finance functions. Done selectively, however, such outsourcing might actually benefit governance and compliance. A recent survey of 203 senior executives reinforces this premise.  |
Bank Systems & Technology January 22, 2009 Orla O'Sullivan |
Many Bank IT Vendors Won't Survive 2009 As U.S. banks cut overall technology spending, 12 percent of today's top 100 bank IT vendors will not survive the year, the research and advisory firm predicts.  |
Bank Technology News December 2004 Jeremy Quittner |
A Reversal of Fortune? What may look like a reversal of fortune for providers of outsourcing services in financial services, appears to be something of an anomaly.  |
Bank Systems & Technology August 1, 2007 Nancy Feig |
New Rules for Bank Outsourcing and Offshoring New deal models and business imperatives, as well as opportunities in emerging markets, are inspiring banks to reevaluate the types of outsourcing and offshoring arrangements they make.  |
FAO Today Nov/Dec 2007 Fersht & Sappenfield |
Preparing the New Organization for Life After Outsourcing The cost and performance benefits of outsourcing are now generally recognized, but the range of benefits varies widely. And, much of this variability can be attributed to the company's ability to effectively transition to the new organization.  |