Banks resort to box-ticking to meet ovewhelming regulatory burden
June 17, 2015 - Today, GFT, one of the world's leading IT solutions and consultancy providers to the banking sector, releases the findings from a global research project aimed at uncovering the attitude of the global investment banking community to 'The New Normal' - a constant state of regulatory change.
HSBC to slash jobs and overhaul IT
June 9, 2015 - HSBC is to shed 50,000 jobs globally in a major restructuring that is intended to save the bank $5 billion per annum by 2017.
Cinnober publishes framework for fintech quality assessment
April 29, 2015 - A bold new initiative is being launched today that has the potential to benefit the entire financial technology industry – the Financial IT Quality Assessment (FIQA).
Businesses must embrace M2M technology or get left behind, warns Advanced
March 23, 2015 - Service management organisations could miss out on vital business intelligence, lucrative new revenue streams or fail to meet rising customer demands unless they embrace machine-to-machine (M2M) technology. These are the findings of a new white paper commissioned by service management software provider, Advanced Field Service (Advanced).
Rise of enterprise technologies means CIOs must take the lead to align business and IT, argues new EIU e-book
February 27, 2015 - A new e-book published today by The Economist Intelligence Unit advises CIOs and IT executives to lead a culture of mutual communication and cooperation as new technologies, especially the cloud and advanced applications, rapidly change how enterprises operate.
Front Office Survey shows reliance on manual processes impacting investment performance
February 9, 2015 - SimCorp, a leading provider of investment management solutions and services for the global financial services industry, today announced the results of a survey of asset management front office participants which showed manual processing had a negative impact on returns.
Global bank IT spending to hit $196 billion in 2015
February 6, 2015 - Total bank IT spending across North America, Europe, and Asia-Pacific will grow to $196.7 billion in 2015, an increase of approximately 4.6% over 2014, according to forecasts by Celent.
North American bank IT spending to reach $62.2 billion in 2015 - Celent
January 29, 2015 - North American bank IT spending is set to grow from $59.5 billion in 2014 to $62.2 billion in 2015, as the region's banks continue to right-size their branch networks and overhaul their online and mobile channels.
