Windows in Financial Services

Wachovia has launched a new online banking platform built in partnership with Accenture, CheckFree, Corillian and Microsoft. The new system allows customers to see more accounts, and more easily transfer money between accounts, set up alerts, view fee detail, view debit card holds, search for information and find help. Self-service activities such as updating user [...]

Major regulatory changes put existing businesses in play and open the door for newcomers to overtake established leaders, said Bob Fuller, IT director, IT strategy at Dresdner Kleinwort Wasserstein.
Twenty-five years ago the largest telecoms company in the world was AT&T. When the US courts came through with its divesture ruling, AT&T insisted nothing would change [...]

Employee Benefits provider KMG America and its subsidiary Kanawha Insurance Company will be the first insurer to test a new Microsoft Word-based tool for speeding the creation of state-specific insurance documents and policies.
The tool, InSystems Writer, allows insurers to add metadata to a master document to tailor documents for different states, lines of business or [...]

Cazenove Capital Management, the asset management business of Cazenove Group Ltd is moving its entire middle and back office to SimCorp Dimension as part of its restructuring into a separate entity, independent from the investment banking business of its sister company JP Morgan Cazenove.
“Our previous system, ACT Quasar, was very bespoked and was 20 years [...]