Monitoring Your Globe-Trotting Payment Transactions [ Source: INETCO Systems Ltd. ]
January 2011- How to manage the performance of payment transactions as they traverse multiple protocols, EFT networks, and critical applications you do not own. Managing payment transactions has gotten more complex due to the consumer's increasing adoption of electronic alternatives for payments such as PayPal, Amazon Payments, Square and Google, the emergence of new channels types such as mobile payments, and the financial industry's ongoing push towards globalization. It is becoming more and more challenging to manage ...

A Leading Global Banking and Financial Services Firm Improves Production System Support [ Source: Virtusa Corporation ]
January 2008- Virtusa took the entire responsibility for system maintenance, using a well-planned transition process that resulted in improved on-time resolution with minimal disruption to the client's business. We adopted effective process and quality management systems, resulting in better on-time delivery with high quality results.

Paving the Way to Risk-free Change: Guide to consolidating IT systems and rolling out new services in a payment processing environment [ Source: INETCO Systems Ltd. ]
September 2010- As the economy continues to improve, banks and payment processors are focused on expanding market share, new product offerings and operational efficiencies as part of their long-term survival and growth strategies. New service roll-outs, migration efforts and consolidation projects are translating into a whole new set of IT performance challenges and operational risks. At the same time, IT systems are also being looked at as an integral component of a financial risk management strategy. The ...

Serving the Gen-Y Customer: 7 Key Technology Challenges for Banks [ Source: Oracle ]
February 2012- Generation Y (Gen-Y) customers are predicted to be tomorrow's wealth accumulators. Their behavior and consumption pattern is different from the earlier generations. Banks will have to adopt different business paradigms to serve them. Gen Yers are technology savvy and prefer swift service. Personalization is high in Gen-Y customers' wish list. Successfully meeting these challenges depends on the agility and efficiency of the bank's IT infrastructure. Most banks are still running on legacy systems which are ...

Oracle Exadata in Capital Markets [ Source: Oracle ]
December 2011- Financial reform is pervasive and increasingly more demanding. Its core goal is the reduction of systemic risk through greater transparency, with regulators driving fundamental changes in the depth and breadth of data points needing to be collected and managed to meet progressively complex near-time and real-time reporting requirements. <br><br> These trends are creating demands on IT that traditional technology solutions cannot meet. The convergence between real-time processing and near/real-time ...

Finance Transformation Meets Post-Crisis Risk Management: The Need for a Unified Platform Architecture [ Source: Oracle ]
December 2001- Globally, financial institutions are faced with ever pressing challenges to enhance their business models, while simultaneously having to comply with a plethora of new regulations.<br><br> Through these changes they have realized a more integrated - finance and risk - architecture is essential. Historically these different business elements had been addressed using a silo based approach and invariably led to a manually driven architecture being embedded within a financial institution.&...

Unlock Your Competitive Advantage [ Source: IBM ]
September 2011- Many financial institutions have invested at some point in Enterprise Content Management (ECM) technology. But changing business priorities have halted many of these efforts mid-stream, leaving millions in possible benefits on the table.<br><br> Today, what we see on paper has little value unless it can be extracted, examined against other facts, applied to changing models, and used to forecast trends and risks that inform action. Firms must be able ...

Accelerate core system and application transformation [ Source: IBM ]
May 2011- In the rapidly evolving market for financial services and products, addressing key business, regulatory and technological challenges requires a robust IT infrastructure and an effective transformation of your core systems and applications.<br><br> IBM Rational provides a solution to accelerate your transformation effort through four entry points within your core systems, which can help reduce risks and accelerate time to market.