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August 2006 - Posts

Wednesday, August 30, 2006 5:48 PM

Microsoft - Intel Ready for Prime Time -- Forbes

"You look at Microsoft-Intel -- I think that is ready for prime time enterprise stuff now." Rich Karlgaard, Publisher of Forbes at the Gartner Financial Services Technology Summit
Posted by fsusblog | 4 Comments
Wednesday, August 30, 2006 2:53 PM

Banks Need Better Cost Information

Gartner Analyst Susan Landry says banks need more information about their costs, profits, so they can link strategic moves in technology and understand their ability to make significant difference in pricing and profits. Banks have the ability to look
Posted by fsusblog | 3 Comments
Wednesday, August 30, 2006 2:33 PM

Taking Action and Outsourcing

ING CTO Neil Buckley says one reason to outsource is because outside specialists can do it faster and cheaper. The bank outsourced its Benelux desktops to a consortium including Accenture, Atos Origin and Getronics in a billion dollar deal. He estimated
Posted by fsusblog | 0 Comments
Wednesday, August 30, 2006 2:29 PM

Differentiator or Commodity – the ING View

Nicholas Carr was cited again at Gartner, this time by Neil Buckley, CTO Operations and Banking at ING. ING Direct’s technology was a differentiator but is now becoming an enabler, and may move into core competence or commodity. Once a technology is a
Posted by fsusblog | 2 Comments
Wednesday, August 30, 2006 12:06 PM

Gartner, TowerGroup -- Same Old, Same Old?

Does financial technology change fast enough to justify annual conferences from research firms? Not if you listen to attendees at TowerGroup this spring or Gartner in Boston. A common complaint is that presentations contain very little new information.
Posted by fsusblog | 4 Comments
Tuesday, August 29, 2006 3:19 PM

Nicholas Carr and Financial Tech

"There are organizations out there where Nicholas Carr may have been right, IT is viewed as a necessary evil." Mark Lewis, IBM at Gartner "IT is the business." Dan Petrozzo, Morgan Stanley, at Gartner
Posted by fsusblog | 5 Comments
Tuesday, August 29, 2006 11:40 AM

Vista Watch

Chris Caso, an analyst at Friedman Bills Ramsey rates Intel Outperform largely on teh basis of Microsoft's planned Vista OS launch which he thinks will drive PC sales. http://www.businessweek.com/ap/financialnews/D8JPKOO80.htm?sub=apn_tech_down&chan=t
Posted by fsusblog | 3 Comments
Monday, August 21, 2006 4:02 PM

Hummingbird Integrates Content Management with MS SharePoint

Hummingbird Enterprise eDOCS now offers users the ability to interact with content managed by Hummingbird through Microsoft SharePoint Portal Server 2003 and will work with Microsoft Office SharePoint Server 2007 when it is launched. further leverage
Posted by fsusblog | 4 Comments
Monday, August 21, 2006 3:59 PM

Microsoft on A [Small] Acquisition Spree

Microsoft has been picking up a lot of companies, but they are usually small so the purchases don't make a lot of news. But they often contribute significant that is incorporated into Microsoft products, says Todd Bishop of seattlepi.com, the web site
Posted by fsusblog | 0 Comments
Monday, August 21, 2006 3:02 AM

XBRL Launches in South America

Said Graham Terry, vice president of The South African Institute of Chartered Accountants (Saica) and acting chairman of the SA XBRL steering committee: "Large international organisations like 3M, General Motors and Microsoft use XBRL to file to the SEC.
Posted by fsusblog | 2 Comments
Monday, August 21, 2006 3:01 AM

Secure Banking Transactions -- Take II

Enews reports that Authenticum is selling software development tools that effectively shut down all other applications on a computer when a user accesses banks and other secure online sites. Called VirtualATM, it prevents rogue software from capturing
Posted by fsusblog | 1 Comments
Monday, August 21, 2006 2:59 AM

Securing Online Transactions

Keeping computer-to-financial institution transactions secure remains a challenge for both banks and technology vendors. I came across a neat consumer tool at Digital Experience in New York earlier this summer. Called GuardID, is is smart card technology
Posted by fsusblog | 4 Comments
Sunday, August 20, 2006 11:21 PM

Computer Crime Goes Pro

No longer bored graduate students, says an expert in an SC Magazine survey of the threats in Internet crime, threats often aimed at financial institutions but also going after small businesses and individuals. "Last year was the first time that cybercrime
Posted by fsusblog | 1 Comments
Sunday, August 20, 2006 11:20 PM

Cat Management Requires Holistic Approach -- TowerGroup

The federal government, carriers and consumers need to work together to control losses from catastrophes like those that hit the US last year, with estimated losses at $56.8 billion, says TowerGroup's Karen Pauli. The upcoming issue of Windows in Financial
Posted by fsusblog | 3 Comments
Sunday, August 20, 2006 11:19 PM

McAfee, Symantec Vet Joins Microsoft

Veteran virus-hunter Vincent 'Vinny' Gullotto has joined Microsoft to head its Security Research and Response team, a move that adds instant credibility to the software maker's push into the Internet security market, reports eweek. http://www.eweek.com/article2/0,1895,2004336,00.asp?kc=EWEWEMNL081406EPW6B
Posted by fsusblog | 1 Comments
Friday, August 11, 2006 4:03 AM

Microsoft Plays Defense in Washington (DC - that is)

Timothy Carney, a frelance investigative reporter in Washington, has written The Big Ripoff, abut the way large corporations use Washington to gain subsidies and squash competition. He notes Microsoft came to Washington for defensive purposes -- a story
Posted by fsusblog | 2 Comments
Wednesday, August 09, 2006 12:29 AM

Basel II Pluralism?

Daniel Tarullo, a law prof at Georgetown, approves the suggestion from four US banks -- Citi, JPMC, Wachovia and Washington Mutual -- to allow banks themselves to decide which Basel approach they will take -- old standards or risk-based internal ratings.
Posted by fsusblog | 3 Comments
Wednesday, August 09, 2006 12:22 AM

Leave it to the Computer

Chris Snijders, a Dutch sociologist, says computers do it better – in decisions about business success or failure, recidivism, and future performance in grad school. No argument from Schwab whose Greg Forsythe agrees that “People have a misplaced faith
Posted by fsusblog | 4 Comments
Wednesday, August 09, 2006 12:21 AM

Technology at the Speed of Light? Not Exactly -- Craig Mundie

Craig Mundie, Microsoft’s “long-term brain” in the words of the Financial Times, warns against discounting Microsoft, which has a track record of catching up and overtaking the tech industry’s upstarts, reports Richard Waters. Mundie talks of long cycles
Posted by fsusblog | 3 Comments
 
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