May 29, 2013
A properly defined IT governance program that includes processes and controls is essential to an efficient and effective IT program. With technology consuming a significant percentage of corporate budgets, sound IT governance is critical to profitability.
May 9, 2013
To stay competitive, many asset and hedge fund managers are reducing their technology budgets at the same time they are seeking more value from sophisticated trading technology. As a result of this, the need to balance cost and efficiency, technology vendors have begun to combine Order Management Systems (OMS) and Execution Management Systems (EMS).
April 25, 2013
Ingrid Beckles, founder and CEO, The Beckles Collective, LLC, asked Allen Price, senior vice president and co-head of business development at Nationstar Mortgage and Amy Brandt, president, correspondent lending and servicing at Prospect Mortgage, to share their views on what’s right—and what’s wrong--with the mortgage servicing industry during FSOkx’ forum From Meltdown to Transformation: Facing the Next-Generation of the Mortgage Industry.
April 12, 2013
There’s no playbook for navigating through a crisis as profound as what the U.S. experienced—and continues to experience—as a result of the housing bust and subsequent mortgage delinquency and foreclosure collapse. That said, the overall response of the U.S government was commendable.
April 11, 2013
Number-crunching financial services organizations are part of an incredibly data-driven industry. Although big data and its cumbersome management is not new to the financial services industry, changing dynamics coupled with a stringent regulatory environment has intensified the need to build state-of-the-art technological infrastructures to leverage big data.
March 25, 2013
Economic uncertainty and market volatility has become the new normal for the financial services industry and retail banks are no exception. There is no denying that banks are facing much pressure over the last few years. Lower interest rates, higher capital requirements, and more competition for customers are just few of the challenges faced by many banks across the globe
January 3, 2013
During the global financial catastrophe of 2008, financial services organizations went bankrupt partly due to ineffective and insufficient regulations, corporate mismanagement, and reckless risk taking.
December 4, 2012
Financial institutions are addressing new challenges as they navigate their way through new regulatory compliance issues as well as somewhat volatile market conditions.
November 22, 2012
A problem every banking CIO will recognize is the increasing need to provide more for less. In today’s budget climate, the CIO is faced with the Herculean task of reducing IT costs while still increasing services provided.
November 16, 2012
Today, U.S. banks service 36.7 million customers through online mobile channels, according to comScore.