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: 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.
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.
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: 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.
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.
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.
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).
