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- Public sector overtakes Financial services…
- In 2004 the IT contractor market grew by an estimated 30%and 2005 was predicted to follow suit with a high demand in financialservices, telecoms, and--most notably--in the public sectorgovernment. IT contractors used to have a reputation as lonergeeks-for-hire, whose only business value was their ability to keep thecomplex systems running...
- Tags: financial service, IT contractor, public sector
- Blog posts 2006-01-30
- Financial services telecommuters require strong policies and business processes for success
- Mark Vernon explores the challenges of telecommuting workers in financial services. In addition to security and safety issues, remote workers face a lack of management support and social networking opportunities. Here is one firm's solution for managing the telecommuting worker. There are plenty of cheerleaders for telecommuting workers....
- Tags: Mark Vernon, business process, financial service, telecommuting, Financial Service IT Newsletter, Worker, Telecommuting Worker, Home Worker, Human Resources, Workforce Management
- Technical articles 2005-09-27
- Are potential legal liabilities holding back Linux adoption?
- How likely is it that Linux adopters will face legal challenges due to patent infringement cases? Mark Vernon follows up on recent legal issues concerning Linux adoption in the financial services industry. I recently wrote an article about the adoption of Linux in the financial services industry....
- Tags: Open Source Risk Management, Linux, UNIX, Mark Vernon, OPEN SOURCE, Operating systems, Insurance, Financial Planning, patent, Mark Webbink, Financial Service IT Newsletter, TechRepublic Inc., Red Hat Inc., Financial Service, SCO Group Inc., Software
- Technical articles 2005-09-20
- Is outsourcing being replaced by an in-sourcing trend in financial services IT?
- Need to be more selectiveMuch of the outsourcing in the late 90's was often whole of IT. The business thought that IT was a cost and non core - an issue with communicating the value of IT to the business at the time and still can be! Working in FS...
- Tags: financial service, FS, information technology, it management, jumbuck, outsourcing
- Discussion threads 2005-09-14
- Is outsourcing being replaced by an in-sourcing trend in financial services IT?
- Recently, high-profile outsourcing deals in the financial services industry have fallen apart or been canceled. Is the shift toward in-sourcing signaling an end to outsourcing? Mark Vernon takes a look at the forces behind these changes. A recent Deloitte survey of 25 of the world's largest business...
- Tags: Mark Vernon, financial service, outsourcing, information technology, outsourcing deal, Financial Service IT Newsletter, Bank, Outsource, It Operations, Business Operations, Outsourcing & Subcontracting
- Technical articles 2005-09-13
- Will Linux make gains in financial services infrastructures?
- Is Linux making significant progress in the financial services industry? Mark Vernon takes a look at Linux adoption and surveys the benefits that it offers, as well as the obstacles Linux faces in its competition with Microsoft. What kind of progress is Linux making in financial services, and...
- Tags: Linux, UNIX, Mark Vernon, Operating systems, OPEN SOURCE, financial service, financial, Financial Service IT Newsletter, Microsoft Windows, Software
- Technical articles 2005-09-06
- Insurance is leading service-oriented architecture developments in financial services industry
- The Europeaninsurance industry has been singled out as a forerunner in the adoption of service-oriented architectureSOA. SOA is a modular approach to building the IT infrastructure. Eachcomponent is treated as an autonomous service that links into the whole. In anideal SOA scenario, individual IT functions or business processes areestablished as...
- Tags: Datamonitor, financial service, insurance, insurance company, Mark Vernon, SOA
- Technical articles 2005-07-19
- Outsourcing help desk pays benefits in asset management
- This is the second article in a series on IT outsourcing in the financial services industry. Mark Vernon reports on Business Process Outsourcing, an especially hot initiative in financial services. Read about the benefits Merrill Lynch realized in a deal with Unisys. Stay up to date with the latest...
- Tags: BPO, Merrill Lynch & Co. Inc., Unisys Corp., Mark Vernon, Business process outsourcing (BPO), Operational planning, IT Services, Call centers, asset management, asset, benefit, business process, outsourcing, help desk, Financial Service IT Newsletter, Financial Service, Carmichael, It Operations, Business Operations, Outsourcing & Subcontracting
- Technical articles 2005-05-03
- VoIP in financial services: Balancing the benefits with infrastructure and security concerns
- Mark Vernon discusses the use of VoIP in the financial services industry. While it has the potential to dramatically cut operational costs, it is not without its problems. He illustrates this with one success story, and a couple of recent reports that urge caution. Stay up to date with...
- Tags: Mark Vernon, Telephony, TELECOMMUNICATIONS, security, financial service, VoIP, Consider SouthTrust, benefit, Financial Service IT Newsletter, Message, Implication, Network, Networking
- Technical articles 2005-04-19
- IM boom in financial services: Can it be secured?
- Lotus Notes SameTimeI just wanted to let you all know that I work for a top-ten U.S. bank and we use the Lotus Sametime client for Instant Messaging. It has worked superbly without any known hostile threats for the past +24 months I have been using it.As a side...
- Tags: financial service, IBM Corp., IBM Lotus SameTime, IM, it management, tgb412-techrepublic@...
- Discussion threads 2005-04-13
- IM boom in financial services: Can it be secured?
- Just as e-mail pushed its way into standard business communications, instant messaging IM has already become a staple in most financial services organizations. Like e-mail, it also has serious implications for security and compliance issues. Mark Vernon describes the threat environment and offers some tips for handling IM in financial...
- Tags: IM, Mark Vernon, Instant messaging, financial service, Financial Service IT Newsletter, IMLogic, Internet, Online Communications
- Technical articles 2005-04-12
- Operational risk: A new dictum in financial service industry emerges
- By Sabyasachi Bardoloi, Pinnacle Research Group, Pinnacle Systems, Inc.The tabling of the New Basel Capital Accord, or more commonly Basel II, by the Bank for International Settlement heralded a change of perception within the financial services industry with regard to its locus standi on capital requirements. One of the most...
- Tags: bank, Basel Committee, financial service, Guest Contributor, operational risk, risk
- Technical articles 2004-03-08
- Decision Support: Balance benefits, risks before outsourcing your call center to offshore provider
- By Bradford AdrianBusinesses in many industries have shipped their customer call center operations to offshore service providers, primarily lured by the promise of lower costs. Although the financial services industry tends to be more conservative than other sectors in the use of outsourcing, the appeal of offshore call centers is,...
- Tags: benefit, call-center, decision support, financial, financial service, financial services company, Gartner  , outsourcing
- Technical articles 2003-10-17
- Successful financial services organizations require passionate leaders
- IT executives in financial services organizations find themselves at a critical juncture. They have evolved from being yesterday's technology suppliers to today's information services brokers. To succeed and exert their true potential, they need a fresh approach that combines financial and organizational savvy with an innovative approach to technology.So says...
- Tags: financial service, financial services organization, information technology, IT Executives, leader, Mark Vernon
- Technical articles 2003-10-07
- Financial institutions cannot know their customers too well
- Enterprises should develop formal information collection and reuse policies that are broader than, yet containing, their privacy policies. Those policies should clearly delineate how information will be gathered, shared, maintained, and retained. If they don't, they risk simultaneous failure to adhere to regulations and exploit potentially profitable situations. Information strategies...
- Tags: financial, financial services company, financial service, Gartner  
- Technical articles 2003-09-26
- In financial services, CIO role requires strong education
- CIO Republic’s monthly column, CIO HR Corner, focuses on helping IT executives and leaders find the right answers and approaches for staffing and personnel issues. If you have a question you’d like CIO Republic columnist Peter Woolford to answer, e-mail it to us.Question: What training do I need to become...
- Tags: career, certificate, financial service, Peter Woolford, training
- Technical articles 2003-05-05
- Storebrand uses Web services to supply financial services
- By A. Mac Neela and B. WoodStorebrand is Norway's largest financial services enterprise, providing banking, asset management, and health and life insurance to more than 280,000 clients. In addition, Storebrand operates pension plans for 390,000 employees in 6,500 Norwegian enterprises.The enterprise faced an enormous task in tracking, verifying, and updating...
- Tags: financial service, Gartner  , Storebrand, Web, Web service
- Technical articles 2003-02-20
- Incoherent e-mail infrastructures are costing large banks millions
- A recent study finds that the majority of IT directors in the financial services industry can't adequately calculate their total costs for e-mail. Mark Vernon tells you why you should re-evaluate your current e-mail infrastructure and get a handle on how much money you might be wasting on inefficient administration...
- Tags: Mark Vernon, Financial Service IT Newsletter, Bank, Financial, Financial Service, British Telecommunications, Messaging, TCO, Survey, E-mail, Roi/Tco, Groupware, Online Communications, Finance, Managerial Accounting, Enterprise Software, Software
- Technical articles 2001-05-31
- StatCenter: Online financial services
- We're heading towards an ever-expanding list of financial services online, including bill payment, credit and lending services, and insurance. The pundits say that many of your customers will take full advantage of these services by 2003.If your company is in the financial services market, you’re heading for fast-paced changes over...
- Tags: Financial Planning, Financial services, E-business/E-commerce, Financial accounting, Mary Ann Fitzharris, Jupiter Communications, StatCenter, financial service, banking, financial
- Technical articles 2000-02-03
- Financial Services Company Improves Remote Operations With New IT System
- Macquarie Group Limited provides retail banking, investment advice, loans, and other financial services on multiple continents. The Australia-based firm has more than 12,000 employees spread across more than 80 offices worldwide. To stay agile as it moves into new markets, Macquarie Group Limited became an early adopter of Windows Server...
- Tags: Financial, Microsoft Windows Server, Information Technology, Financial Service, Microsoft Windows Server 2008, Microsoft Windows, Financial Planning, Financial Services, Operating Systems, Software, Finance
- Case studies 2008-02-01