Selecting the right operating system can help banks support critical applications, driving growth while providing scalability and security. With an almost overwhelming array of choices, however, how can banks decide which operating environment is the right one?
Since selling its banking business to Citizens Bank in 1999, State Street Corp. has targeted the institutional investor community with a vengeance, becoming the world's largest investment manager of institutional assets with $10.7 trillion in assets under custody and $1.5 trillion in assets under management.
The story of the systems administrator found guilty of attacking UBS's network should stand as a warning to every company: Beware the insider you trust to protect your system--he or she could be your worst enemy.
By Art Gillis
There are 30 stories in the 2006 Edition of Automation in Banking, in addition to 473 pages of stats and facts. Sixteen stories are from the mouths of bankers. Fourteen are from the keystrokes of prominent tech vendors. I served as the humble messenger.
The primary value of the stories, in my opinion, lies in the fact that the subjects were their choices.
Here are the topics they chose:
Core Systems as an in-house mode of processing 38%
Core Systems an an outsourc