Windows in Financial Services

Microsoft has selected Susan Hauser to serve as new vice president for Worldwide Financial Services.
Hauser comes from Microsoft’s law and corporate affairs, intellectual property leadership team where she built a world-class sales and marketing organization responsible for interfacing with Microsoft’s key worldwide customers and partners in driving its intellectual property and interoperability messaging, programs and [...]

Lawyers don’t come cheap. So it is easy to understand why Credit Suisse in London has been seeking to enhance the efficiency of its in-house legal team. To this end, Credit Suisse has implemented Business Integrity Software’s DealBuilder system to help improve the process of creating ISDA Master Agreements, which establish the framework for the [...]

As the global regulatory climate continues to change rapidly, European financial institution KAS Bank is moving all of its back-office operations - including those related to helping other banks with compliance - from the mainframe to a Microsoft .NET environment.
First established in 1808, KAS Bank specializes in wholesale securities services.
With total migration to Windows set [...]

The flaw in former chairman of the Federal Reserve Alan Greenspan’s thinking turns out to be that financial services institutions actually do make decisions that are not in the best interest of themselves and their shareholders. Organizations were given a long rope, but unfortunately, some wielded the rope too brazenly and ended up tying themselves [...]

Microsoft Silverlight has been generating excitement with its release of 2.0, which Microsoft calls one of the most comprehensive solutions for the creation and delivery of applications and media experiences through a Web browser. About one in four machines worldwide now has Silverlight installed, and some four million developers have already upgraded to the new [...]

The demands placed on actuarial software have never been higher, thanks to a combination of the evolving regulatory environment and advances in modeling techniques. What is more, the pressure being put on organizations’ IT resources to cope with these changes will only become more intense. The solution though lies in leveraging an enterprise-level high-performance computing [...]

As investment decisions grow increasingly complex, insurance firms and other institutions seek faster and
more comprehensive financial accounting and reporting around their holdings. Northern Trust is finding an answer for its clients in an outsourcing solution based on Windows software from Pendo Systems, Inc.”
In today’s challenging environment, clients demand full data access and financial reporting that [...]

How technology, data, and analytics have protected credit cards from a financial storm.
At the beginning of the year, articles and news reports were already warning about an impending credit card crunch, with the suggestion that the credit card industry would fall to a fate similar to the mortgage industry. It didn’t happen. That doesn’t [...]

Bruce Livesay, the new CIO at First Horizon, has a history of finding the right solutions to challenges and achieving a competitive edge besides. The former IT head at Regions Bank, Livesay won last year’s WFS awards for his innovation deploying advanced Microsoft technologies. Then, faced with a merger with AmSouth Bank that would create [...]

Raymond James Financial is a 17-year document management veteran. In addition to using systems from vendors such as Kofax and Singularity, it developed a proprietary content management solution and its own interface to the workflow engine. Faced with integration and scalability challenges, Raymond James recognized it was time for a change and decided to migrate [...]