IDC Financial Insights’ Top 10 Predictions for 2014

11th December 2013

Company: bobsguide
IDC Financial Insights has released its 2014 Predictions for Worldwide Financial Services (FS) next year, with the consultancy predicting an overall IT spend next year of in excess of $430bn, reports Neil Ainger. Compliance data management will merge with analytics to deliver truly useful ‘big data’, while the omnichannel including... read more

Interview: NCR discusses Alaric and Digital Insight acquisitions

9th December 2013

Company: bobsguide
The development of mobile and internet banking and payments is continuing apace as tablets and smartphones drive more and more customers into the ether. It is a process that will no doubt be aided by Santa’s presents this year and is causing a revolution in cash and payment infrastructures, end points and methodologies. Perhaps in readiness... read more

News analysis: Global biometric standards-setting body formed

3rd December 2013

Company: bobsguide
The Natural Security Alliance, a French-based international open source biometric standards-setting body that counts BNP Paribas, MasterCard and Carrefour Banque among its members, has launched what it claims is the world’s first association grouping, the Open Alliance, dedicated to propagating shared wireless biometric authentication to... read more

Planning for PCI DSS 3.0: What you need to know

29th November 2013

Company: bobsguide
The new Payment Card Industry Data Security Standard (PCI DSS 3.0) was released on 7 November 2013 and will have serious consequences for payment processors, financial institutions, retailers and technology vendors says Michael Aminzade, director of delivery for the EMEA and APAC regions at infosec services and solutions vendor, Trustwave. ... read more

Core Banking Vendor Q&A: Status of the Marketplace – Polaris

28th November 2013

Company: bobsguide
The recent Gartner ‘International Retail Core Banking Report 2013’ ranked many of the major technology vendors in this space, which provide vital current account back-end processing software to banks around the world. The core banking report, covered in bobsguide, also highlighted some emerging trends such as a tendency to... read more

Low-latency connectivity overview: Choose wisely and win big

25th November 2013

Company: bobsguide
The speed of a trade is often crucial on the financial markets with participants in the equity, derivative, foreign exchange (FX) and other markets often relying upon fast delivery and execution via powerful data centres and good connectivity. This blog from Gareth Richardson, managing director of Custom Connect UK, examines the low-latency... read more

Access controls and admin privileges: The frontline in cyber-security

22nd November 2013

Company: bobsguide
One of the biggest information security holes that financial services (FS) and other organisations typically face concerns admin privileges, says Brian Chappell, director of technical services, EMEA and APAC, at BeyondTrust. Lax controls in this area often open firms up to the insider threat whereby disgruntled employees or infiltrators can leak... read more

What’s SOA got to do with it?

18th November 2013

Company: BIAN
Five years on from the financial crisis of 2008, it would be easy to point to this economic disaster as the reason for the changing face of retail banking, but it is not the only cause. Technology and the drive to cut costs and increase interoperability via the adoption of flexible service orientated architectures (SOAs) is an even bigger driver... read more
The interplay between data management and data governance

The interplay between data management and data governance

15th November 2013

Company: Asset Control
By Mark Johnson, Asset Control Recent research from Deloitte showed that 42 percent of firms do not monitor what is actually going on in their data management processes*. At the same time, 62 percent feel this is the biggest thing to improve in 2014. That 62 percent are right. Effective data management is fundamental to an effective... read more

Outages, regs and tech discussed at the 2013 Mondo Visione Exchange Forum

14th November 2013

Company: bobsguide
Amid a discussion about the prevalence of outages at trading venues at the 2013 Mondo Visione Exchange Forum this week, Jon Ross, chief technology officer (CTO) at KCG, which of course suffered its own brokerage technology problems last year, said that he welcomed recent developments such as NYSE saying it’d use BATS’ systems in the... read more