Windows in Financial Services

As Microsoft’s treasury department discussed advances in linking its treasury operations to SWIFTNet at the Sibos conference in Sidney last month, one of Spain’s largest retail banks outlined how it has put Microsoft and SWIFT technologies to use to improve the efficiency of settling securities transactions.
Grupo Banco Popular has improved employee productivity and can handle [...]

Today, enterprises are facing a growing number of compliance regulations that require controls to be in place to mitigate risk across many processes within an organization. Areas that are gaining significant interest today are email and records management. Email is recognized as the de facto mission-critical application driving financial institutions today, where any loss or [...]

Columbia River Bank, a community bank based in The Dalles, Oregon, has enhanced the security and accessibility of remote computing services through its participation in the early adopter program for Microsoft Exchange Server 2007.
About 50 of the bank’s 375 employees, including branch personnel and traveling employees, need to be able to access corporate information and [...]

At Charter Bank in Bellevue, WA, multi-factor authentication will soon be as close as a keyboard. The bank is using an application from BioPassword, an Issaquah, WA company, to capture a user’s unique typing rhythm and then use that rhythm to validate his identity the next time he logs in.
With BioPassword running on a [...]

At its best, wealth management, the topic of this issue’s cover story, brings together sophisticated financial planning with a mix of appropriate financial products to meet the needs of an individual, couple, or family. As Gary Linieres, sales director for Financial Objects’ ActiveBank in London observes, at the high end wealth management covers not just [...]

Wachovia Online Payments Director Jumps to Citi
Thomas C. Noyes, former online and payments services director for Wachovia, has left the firm to join Citigroup as global head of Internet within the global consumer group. In his new role, he reports to Joyce Phillips, head of Citigroup’s international retail banking.
At Citigroup he will coordinate Internet and [...]

Customers who click into the i-banking section of CITIC Ka Wah Bank see a cheery greeting:
“At CITIC Ka Wah Bank, we bring you optimal financial solutions to help you get the most out of life… both now and in the future. Simply log on to i-banking and experience the ease and convenience of online financial [...]

As one of the largest enterprise providers to the financial services industry, HP’s financial services strategy has been formed by experience. That experience includes a significant presence in the top 200 banks, top 50 brokerages, top 25 insurance carriers and all 100 of the world’s major stock and commodity exchanges.
From those relationships, and others with [...]

Over the next couple of months, Microsoft will launch new operating systems, applications, and upgrades that draw on $20 to $25 billion in research. Now, I must admit I have often been skeptical of Microsoft’s boasts about how much it spends annually on research – somewhere north of $6 billion. The Washington Monthly years ago [...]

Hurricanes in the South and fires in the West have led to one common discovery across geographies and disasters – many homes are insured for far less than their replacement cost. Don Robinson, a California biologist, had his four-bedroom home insured for $233,000; after wildfires destroyed it a contractor estimated the replacement cost at $460,000, [...]