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Process Management

December 18, 2012 - Avaloq, the leading banking software provider in Switzerland, enters German market for business process outsourcing services – a combined offering for private banks available immediately through quirin bank's existing client business:

December 17, 2012 - Kalpesh Master, managing partner for managed services, SunGard's global services business, said, "As cost pressures and regulatory requirements continue to challenge financial institutions' and corporations' ability to grow revenue, they are looking to trusted outsourcing providers for additional managed services.

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.

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.

November 28, 2012 - Invictus Consulting Group LLC says that while the now delayed Basel III capital rules have raised wide concern among community banks, based on its studies and consultations with clients and regulators, implementation is inevitable but that stress testing can provide them with the upper hand in dealing with its impact.

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.

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.

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.

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).

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.

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.

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.

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.

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