U.S. Stock Markets Consider Opening on Wednesday October 30, 2012U.S. stock exchanges are looking at opening on Wednesday after monster storm Sandy receded from New York, sources said, and the New York Stock Exchange is testing a
new plan to help resume trading. Supporting Bank Growth and Extending Access in Eastern Europe With Core Transformation April 09, 2012Currently in the process of migrating to an Oracle Flexcube Universal Banking System, Romania-based Banca Transilvania is one institution that has hopped on the recent wave of core systems transformations at banks in Eastern Europe. Oracle's Mark Hurd Discusses the Shifting Global Market, Integration and Security February 09, 2011Hurd's Oracle Financial Services Forum keynote highlights the changing shape of technology. Banks' Back Office Outsourcing Expected to Reach $67.2 Billion in 2015 August 30, 2010Information technology outsourcing accounted for 16% of outsourcing deals finalized in 2009, according to Marketsandmarkets study. What Bankers Can Learn from '30 Rock' May 04, 2010As a recent episode of "30 Rock" taught us, there are always uptapped markets to discover and new customers to find. Banks that have embraced those ideas are increasingly turning to analytics solutions to help them generate growth. Perspectives: Emerging Opportunities in Emerging Markets April 28, 2010Industry experts discuss opportunities for banks in emerging markets and the technology necessary to be successful in those global markets. Bring Banking Expertise to New Markets April 28, 2010Banks can benefit by bringing in-house expertise to emerging markets. Robust Product and Process Designs Required to Enter Emerging Markets April 28, 2010Robust product and process designs at an attractive price position are prerequisites to compete in emerging global markets. The Right Solution For the Right Job April 28, 2010An emerging market technology strategy should depend on the type of banking operation the bank is considering. Local Stakeholder Knowledge Needed to Succeed in New Markets April 28, 2010With poor "local stakeholder knowledge," no bank will ever get anywhere in emerging global markets. Dubno Restructures BofA's Global Markets Technology Group March 18, 2010Dubno, a former Goldman Sachs CTO, has plucked three high-level technology executives from competitors JPMorgan Chase, Goldman Sachs and UBS, all former fellow Goldmanites, to join his new group at Bank of America. Swedbank to Deploy Aleri Liquidity Risk Manager November 16, 2009Swedbank to deploy Aleri Liquidity Risk Manager; solution will help Swedbank Markets unit manage risk and meet FSA regulations. Freddie Mac Names Bruce Witherell Chief Operating Officer August 19, 2009Freddie Mac names Bruce Witherell Chief Operating Officer; former Morgan Stanley executive will oversee integration across company's three business lines, as well as Operations and Technology division. Whitney Hires David Frady to Head Commercial Banking Division June 29, 2009Whitney hires former Capital One executiveDavid Frady to Head Commercial Banking Division, a new position. Union Bank Goes Live with Misys’ Opics Plus v3.0 June 23, 2009Union Bank goes live with Misys' Opics Plus v3.0, which will support UnionBank's FX and money markets treasury operations. Nordea Bank Goes With SunGard for Counterparty Risk May 18, 2009 Banks Must Rely On Their Own Risk Models in Future June 24, 2008Banks must perform analysis on their own when gauging credit risk. By Understanding the Supply Chain, Savvy Banks Can Grow Their Trade Finance Business March 27, 2008By supporting their clients' suppliers, banks can reach deeper into the supply chain and create opportunities to increase their trade finance business. Sub-Prime Mortgage Crisis Is Not A Failure Of Technology September 28, 2007It's been described as a number of things, but it's important to keep in mind that the sub-prime mortgage crises was not about a failure of technology. Citi’s Chief Data Officer Turns Data Into a Business Asset August 01, 2007Data management issues can be a challenge. But Citi Markets and Banking Chief Data Officer John Bottega and Citi COO say they are turning their firm's data into a business asset.