Core Banking Replacement and the Benefits of Service-Oriented Architectures [ Source: Oracle ]
January 2009- Banks around the globe, regardless of size are growing increasingly frustrated with their core banking systems. Many of the antiquated systems currently in place were built 20-30 years ago on technology that was current at the time. What are the costs and risks associated with core banking replacement? Find out.

Open Source Governance in Highly Regulated Companies [ Source: Black Duck Software ]
May 2012- Open source software can empower developers, increase innovation and improve competitiveness, and its popularity is growing tremendously. Open source now represents an average of 29% of the code deployed by IT and technology innovators are using 60%-80% of open source code, which can yield cost savings and free-up development resources to improve competitive differentiation. <br><br> And as open source becomes more common, the need for governance increases dramatically. Without proper controls ...

Uber Architect [ Source: CAPCO ]
April 2012- What does a Solution Architect do? In deference to traditional deliverable-based architect role definitions, Solution Architecting spans the SDLC. While SAs are responsible for some deliverables, they primarily configure the required building blocks of the working product. They make transparent a myriad of tough decisions, encourage stakeholder collaboration, break deadlock and resolve difficult issues. SAs have a "line of sight" from ideation through implementation. Figure 1 summarizes the major processes by Project Management Institute (...

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.&...

Simplify, Satisfy, Sustain [ Source: IBM ]
September 2011- Financial services firms have been trying to simplify their businesses, streamline service, and promote better collaboration, and have often been frustrated by the results. However, in the past few years we have begun to see companies achieve much better results by employing a Business Process Management (BPM) approach.<br><br> BPM addresses the key issues financial services firms face today, including expense reduction, mounting regulatory pressures, and the race to secure ...