Windows in Financial Services

Learning-by-doing is generally considered the most effective way to learn. A variety of emerging communication, visualization, and simulation technologies now make it possible to offer students authentic learning experiences ranging from experimentation to real-world problem solving. We explore what constitutes authentic learning, how technology supports it, what makes it effective, and why it is important.
What [...]

Heritage Managing Agency Limited, a London-based leading insurance underwriting firm, has implemented Spreadsheet Workbench, from Microsoft partner Finsbury Solutions to improve operational control and compliance of its business critical spreadsheets.
Heritage uses Excel spreadsheets to support core parts of its business. The company turned to Finsbury Solutions because it wanted a greater level of enterprise-wide audit [...]

Corazon Capital, an independent management company specializing in global portfolios of alternate strategies, has selected the Tercero investment management platform from Microsoft partner Third Financial Software for its expertise in reporting, among other features.
Corazon decided that now is an opportune time to upgrade its infrastructure and improve its operational and client servicing processes. In particular, [...]

Banca Transilviania, one of the top five leading banks in Romania, has seen a 30 percent increase in call center productivity after implementing a customer relationship management (CRM) system based on Microsoft Dynamics CRM. The bank also has lower cost of operations, while achieving increased customer satisfaction and retention.
Banca Transilvania’s retail division relies on its [...]

The ability to come out ahead is directly dependent on having great employees who provide outstanding service to your customers. Recessions have a way of weeding out the weakest companies. On the flip side, if you do things right, you can come out of the recession a lot stronger than your competition with more customers [...]

Las Vegas-based Bank of Nevada is extending its ItemAge Express lockbox platform to process an estimated 250,000 homeowners association (HOA) payments per month. The bank is acquiring the volume from two other banks that are shuttering operations.
ItemAge Express, from Purepay Receivables Automation, builds upon the integration of Creditron and Netvantage, Pureplay acquisitions that developed the [...]

Calyon, the corporate and investment banking subsidiary of Credit Agricole S.A., is using ActivePilot from Quartet Financial Systems to monitor its commodity exotics intra-day risk in real time. Active Pivot has been integrated with Calyon’s in-house pricing and risk management application, AsteRisk, and enables traders to aggregate risk along multi-dimensional axes to efficiently manage intra-day [...]

Assurity Life Insurance Company, based in Lincoln, NE, has selected Life Portraits Enterprise Solution (ES) from Fiserv Insurance Solutions, a Microsoft Insurance Value Chain Partner, for sales illustrations including the quick launch of a complex product.
Assurity focuses on life, disability income, critical illness, long-term care and hospital indemnity insurance, annuities and retirement plans for individuals [...]

Rabobank has tapped Financial Objects plc, to work with the bank in the joint development of a new global counterparty credit risk management system. The project will involve revamping Rabobank’s existing credit risk management system, known as SKY, to the Microsoft .NET platform. The new credit risk system will be delivered to the user community [...]

GEICO, Government Employees Insurance Company, the third-largest private passenger auto insurer in the United States, is expanding its business to include commercial auto insurance, and has chosen the Insurance Decisions processing suite from Microsoft Gold Certified Partner Insurity to support the launch of the new lines.
“We wanted a full solution,” says Kushwant Singh, GEICO director [...]