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May 2006 - Posts

Tuesday, May 30, 2006 5:14 PM

Bank Web Sites Fail Customers

Keane Research found bank executives were pleased with their online sites, but only 20 percent of customers found them at all useful for financial planning. “Banks develop their Web sites by types of products they offer, but customers think in terms of
Posted by fsusblog | 0 Comments
Sunday, May 21, 2006 11:32 AM

Scott McNealy Supporting IVC?

In an interview published on ZDNet, Scott McNealy echoes comments that Microsoft insurance industry managers make about IBM's solutions for business -- the IBM way creates an annuity for consultants. Q: If Microsoft is no longer your arch rival, who's
Posted by fsusblog | 5 Comments
Sunday, May 21, 2006 11:25 AM

Standards and ACORD

If you're reading this in Las Vegas, chances are good (better than on the slots, anyway) that you are hearing more than you ever wanted to know about standards. But one of the leading agency management software execs said a year or two ago that while
Posted by fsusblog | 12 Comments
Saturday, May 20, 2006 5:28 PM

Mobility Specialist Supports IVC

Symbility Solutions, the insurance mobility specialist, has announced it will demonstrate its mobile claims processing system at ACORD/LOMA . Symbility will present innovative workflow solutions for property and casualty claims processing, and examples
Posted by fsusblog | 0 Comments
Saturday, May 20, 2006 5:16 PM

ArcoSoft Supports MS Insurance Value Chain

Just ahead of ACORD/LOMA, South Carolina-based AcroSoft has announced its support for Microsoft's Insurance Value Chain Architecture Framework. "AcroSoft has a history of providing innovative solutions to the insurance industry," said Kevin Kelly, managing
Posted by fsusblog | 2 Comments
Saturday, May 20, 2006 3:31 PM

XL Capital Becomes Second User of MS Managed Services

XL Capital, which runs its global insurance and reinsurance operations on Microsoft technology, signed with Microsoft for managed services. Microsoft will Microsoft will offer hosted desktop and collaboration services for XL Capital and will manage 4,000
Posted by fsusblog | 3 Comments
Monday, May 15, 2006 10:55 PM

Clustered Power

Microsoft's recent release of 64-bit Windows Compute Cluster Server 2003 (WCCS) is slated to launch in June. Look for it at the SIA tech show in NYC. http://www.techworld.com/opsys/features/index.cfm?featureid=2515
Posted by fsusblog | 1 Comments
Monday, May 15, 2006 9:49 PM

Tata -- Insurance Claims Management on SharePoint

Tata provides claims adjusters, who are usually mobile, an efficient way of processing insurance claims in real time using the Microsoft Windows Workflow Foundation component packaged with SharePoint Server 2007 to manage approval of insurance claims.
Posted by fsusblog | 7 Comments
Monday, May 15, 2006 9:36 PM

Pacific Life Builds BI on MS SQL Server Data Warehouse

The life insurance division of Pacific Life has launched a business intelligence solution that uses Microsoft SQL Server 2005 features such as integration services and reporting services to connect disparate data sources on a variety of computers across
Posted by fsusblog | 1 Comments
Sunday, May 14, 2006 4:33 PM

EMC Expands Microsoft Relationshio with New Acquisition

EMC has acquired Interlink Group, a privately held North American-based IT professional services firm that specializes in application development, IT infrastructure, enterprise integration, enterprise-content management and customer relationship management
Posted by fsusblog | 3 Comments
Tuesday, May 09, 2006 10:18 AM

Transamerica Life Canada Moves to ACORD XML, BizTalk

To improve communications with partners and the Medical Information Bureau, Transamerica Life Canada has implemented ACORD XML along with Microsoft BizTalk Server 2004. http://www.itbusiness.ca/it/client/en/home/News.asp?id=39333&cid=2 Quality of
Posted by fsusblog | 2 Comments
Tuesday, May 09, 2006 9:50 AM

Microsoft IVC -- Break from the Insurance Pack

The traditional IT model for insurance has been using the same processing models and the same providers -- no differentiation there, says Dan Woodman, Microsoft's technology strategist for the U.S. insurance industry. Microsoft's Insurance Value Chain,
Posted by fsusblog | 1 Comments
Tuesday, May 09, 2006 2:16 AM

DIY for SOA Saves $$$$ For Insurance Carriers

Well, DIY with expert help and lab-proven integrated applications. Microsoft has announced a new architecture to help carriers develop service-oriented architectures (SOA) without paying high-priced and long running consultancy fees. The Microsoft Insurance
Posted by fsusblog | 4 Comments
Thursday, May 04, 2006 7:09 PM

Preparing for Excel 2007

Shahar Prish, in the Information Workers group at Microsoft, has a blog with detailed instructions on how to accomplish various tasks on Excel 2007, formerly Excel 12, . http://blogs.msdn.com/cumgranosalis/archive/category/12700.aspx See sample code,
Posted by fsusblog | 2 Comments
Thursday, May 04, 2006 1:20 AM

Tata Consulting Opens Banking Centre of Excellence in Singapore

TCs, which works closely with Microsoft and last year acquired the Australian banking technology company, FNS, will open a centre (ah, the colonial spelling persists) of excellence for banking in Singapore and plans to hire 150 staff. Singapore is attracting
Posted by fsusblog | 6 Comments
Thursday, May 04, 2006 1:11 AM

Townsend's Real-Tick Accesses LSE and Other Liquidity Pools

Townsend Analytics, the Chicago-based firm recently bought my Lehman, and the London Stock Exchange, which is playing coy with any number of suitors, are now providing Exchange members with direct market access, and non-member brokers, institutional and
Posted by fsusblog | 4 Comments
Wednesday, May 03, 2006 2:44 AM

Bypassing SSL -- New Security Threat to Online Transactions

InfoWorld reports on a new and very sophisticated Trojan that can capture transaction information and divert transactions without ever disturbing the SSL security mechanism that banks and other e-commerce providers depend upon. So far few, if any, banks
Posted by fsusblog | 0 Comments
Monday, May 01, 2006 2:33 PM

New in Office -- For Finserv Developers

Jeff Wierer, senior product manager in Microsoft's Office group, told theMicrosoft Financial Developer conference that Office 2007 will have the largest new release of Excel in history. It has expanded to 16,000 columes and up to a million rows. It will
Posted by fsusblog | 6 Comments
Monday, May 01, 2006 2:23 PM

Plan for Change -- Frank Schlier

Developers can't assume they are launching new products into a static environment, said Gartner's Frank Schlier at the Microsoft Financial Services Developer Forum. When he was coding, developers could safely assume a new application wouldn't change much
Posted by fsusblog | 5 Comments
 
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