Process Management
Survey: frequent IT failures prove the difficulty of effective integration
November 2, 2012 - Introducing exciting new apps or other IT into banks and other organisations is often prioritised over ensuring integration with existing systems or integration following a merger, but according to research from Freeform Dynamics and Liaison Technologies, this is the wrong approach.
FATCA Accreditation Scheme Unveiled
July 13, 2010 - B.I.S.S. Research and Globe Tax Services have formed a joint venture to launch Foreign Account Tax Compliance Act (FATCA) accreditation, which aims to assist financial companies and their treasury departments in achieving FATCA compliance across an enterprise by identifying strengths and weaknesses in their systems and procedures and establishing a corporate standard.
Bank CIOs Report a Wide Variance in Information Management Effectiveness
June 6, 2012 - Bank CIOs report that under-investment in Information Management (IM) programs at their institutions is expected to continue, according to a report based on a survey commissioned by Capco and conducted by The Banker.
GAO: More Work Remains for HUD to Implement Necessary IT Management Controls
March 29, 2012 - The GAO found taht HUD has made progress in implementing prior GAO recommendations on modernizing its IT environment; however more actions are needed. In 2009, GAO reported that HUD lacked key IT management controls; which are essential to achieving successful outcomes.
GAO: Progress Made in IT Reform but Future Cloud Computing Efforts Should be Better Planned
July 11, 2012 - The GAO found the selected federal agencies have made progress implementing the Office of Management and Budget's (OMB) "Cloud First" policy. Consistent with this policy, each of the seven agencies incorporated cloud computing requirements into their policies and processes. For example, one agency had incorporated a review of its information technology (IT) investment portfolio to identify candidates for a cloud solution into its IT plan.
GAO: Opportunities Exist to Improve SEC's Oversight of the Financial Industry Regulatory Authority
May 30, 2012 - Historically, the Securities and Exchange Commission's (SEC) oversight of the Financial Industry Regulatory Authority's (FINRA) programs and operations varied, with some programs and operations receiving regular oversight and others receiving limited or no oversight.
Isitc members to boost IT spending
March 12, 2012 - Financial industry association Isitc says that nearly two thirds of its members plan to increase their information technology spending over the next two years as regulatory compliance continues to dominate the agenda.
ERM Applications Market Forecast to Enter Prolonged Period of Steady Growth
June 21, 2012 - International Data Corporation (IDC) have announced the latest results of its Worldwide Semiannual Enterprise Resource Management (ERM) Applications Tracker. The tracker monitors almost 370 ERM vendors in a total of 49 countries, providing biannual market size, vendor share, and forecast data for the eight functional markets that comprise the ERM market in IDC's software taxonomy.
GAO: IT Reform Progress Made; More Needs to Be Done
May 24, 2012 - The Office of Management and Budget (OMB) and key federal agencies have made progress on action items in the Information Technology (IT) Reform Plan, but there are several areas where more remains to be done.
IDC Launches Worldwide Business Analytics Software Tracker - Market Is Expected to Reach $33.9 Billion in 2012, Up 8.2% from 2011
January 17, 2012 - International Data Corporation (IDC) today announced the launch of the industry's first global tracker covering the business analytics software market on a semiannual basis. The Worldwide Semiannual Business Analytics Tracker covers 12 segments within the BA (Business Analytics) market, providing semiannual vendor share information and a five-year annual forecast across a total of 49 countries.
MEGA Introduces Application Portfolio Management Solution
June 20, 2012 - MEGA, noted industry leader in enterprise architecture (EA) and business process analysis (BPA), has released a new software solution for application portfolio management (APM).
SEC Charges Goldman, Sachs & Co. Lacked Adequate Policies and Procedures for Research “Huddles”
April 12, 2012 - The Securities and Exchange Commission today charged that Goldman, Sachs & Co. lacked adequate policies and procedures to address the risk that during weekly "huddles," the firm's analysts could share material, nonpublic information about upcoming research changes.
GAO: IT Dashboard Has Improved, and Additional Efforts Are Under Way to Better Inform Decision Making
December 7, 2011 - Each year the federal government spends billions of dollars on information technology (IT) investments. Given the importance of program oversight, the Office of Management and Budget (OMB) established a public website, referred to as the IT Dashboard, that provides detailed information on about 800 federal IT investments, including assessments of actual performance against cost and schedule targets (referred to as ratings).