Windows in Financial Services

Like increasing numbers of other financial firms throughout the globe, Edinburgh, Scotland-based Xchange Business has turned to a Windows-based grid computer system as an alternative to a mainframe for scaling its business outward and upward.
Why? Economics is the most compelling driver, according to officials of this major player in the international foreign currency exchange and [...]

The insurance industry has often been criticized for being too legacy burdened to take advantage of new technology, but this is proving far from true. Insurance companies have embraced the latest technological advancements in mobility and elsewhere and have made more strides in streamlining the workflow process than many other sectors. This is critically important [...]

When developers achieve the distinction of excellence, it is because they have been able to make the intangible tangible to the business. They have been able to illumine just that right bit of technology’s cutting edge so that it makes perfect sense to the organization’s core. Then they have made it happen. Every year there [...]

While Microsoft has long been a key provider for financial services companies, it has only recently shifted its strategy to take more of a leadership role in that community.
“We have come to understand how important our enterprise customer is to us,” says financial services GM Tracy Issel. “We are moving from being a provider in [...]

A decade of acquisitions has transformed Towergate Partnership into Europe’s largest independently owned insurance intermediary. That path to growth, however, has brought with it a medley of legacy technology, with Towergate Underwriting – the organization’s underwriting division – amassing some 30 different administration systems. As its data was all over the place, it could not [...]

Microsoft’s Insurance Value Chain has evolved since it was launched almost seven years ago as an integration concept and prescriptive guidance for integration techniques and product usage using Microsoft technology. It has assembled a vast network of Microsoft partners and has been leveraging new technology to simplify integration between partner and in-house solutions.

Using Landscape.NET, Towergate [...]

Recent data leakage cases have stirred discussions surrounding personal liability and harsh penalties. While there are currently no criminal laws in place for loss of a client’s private data, there is certainly an increase of discussion and movement in this direction in many areas of the world.

Recent data leakage cases have generated numerous news articles [...]

With turmoil continuing in financial markets, innovative development perhaps takes on new significance with its promise of differentiation and indeed cost savings.
Banks, brokerage firms, and insurers understand that the only way forward is figuring out, before their competitors do, how to achieve a clear, real-time view of their relationship with their customers across multiple products [...]

Growing business in volatile times requires a client-centric approach
Between recession predictions, the credit crunch, volatile markets, regula- tory fines, scandals, and massive write-downs, recent financial headlines have been predominantly negative and fear-inducing, eroding confidence in the economic health of the nation—and of its citizens and businesses.
It’s no coincidence that hand-in-hand with these headlines have come [...]

Des Moines, IA-based Principal Global Investors, the asset management arm of the Principal Financial Group, has gone live with the Cadis EDM suite from Cadis Software to centralize its security master data. The firm is seeing an immediate return on investment, thanks to improved control and governance of its security master data.
“This solution puts [...]