Content tagged with Management Strategies posted in November 2002
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Executive Changes
Larry Diamond appointed senior vice president product development for S1 Corporation; Steve Jager assumes the role of president at Brasfield Technology; Ben Graboske named vice president of Technology and Engineering for Affinity Corporation.
International Bytes
NIB Capital Bank to develop a global electronic payment solution using Fundtech products; SEB Merchant Banking signs an agreement with Nordic Financial Systems to produce treasury solutions for corporate clients worldwide; JCB International and United Overseas Bank have launched the first credit card to offer benefits from all the retail tenants in a Singapore shopping center.
North America Bytes
Commerce Bank upgrades its Corillian Corporation online banking platform; BankAtlantic, converts to an online product suite from FundsXpress Financial Network; World Savings Bank successfully beta tests and installs a Carreker Corporation product that protects banks from fraudulent electronic debits; The Bankers Bank enters into a marketing agreement with Guarded Networks to deliver information security and Gramm-Leach-Bliley compliance services to financial institution customers.
Association Update
BAFT announced dates for its Midwinter Conference.
A path to the promised land
The seed that would eventually grow to become Line of Business Migration technology was planted in the minds of Michael and Frank Sanchez over a decade ago after a less-than-successful visit from a CIO of what was then Chase Manhattan Bank.
Time for a change
Few would argue with the traditional view that core legacy system replacement is, well, nothing short of horrific. To rewire the entire enterprise would take thousands of man hours and tens or even hundreds of millions of dollars.
JCB Issues Hybrid Smart Cards in Taiwan
Taipei Bank is among the first Taiwanese banks to issue smart cards.
World Briefs
DZ Bank introduces DZ-infoNet; Societe Generale outsources IT operations in Madrid and Frankfurt, and payments and retail banking operations of its London office; Rabobank provides payments investigations software from Pegasystems to its branch network, correspondent banks and corporate customers.
Bank Bytes
UMB Financial licenses a content management software package from Stellent;Citibank offers payment gateway and risk management services from CyberSource to merchant customers as part of its CitiConnect seller solution; CIBC enters into a 7-year, C$2 billion IT services contract with HP.
Getting Tough On ROI
Citibank is taking a hard look at returns on IT investments, using complex valuation models linked to business goals.
Executive Changes
Dennis R. Sheehan will assume the position of CEO at BISYS Group; JCB USA hires Julie Krueger, former executive director of the Smart Card Alliance, as vice president smart cards; John W. Cummings, senior vice president and chief operating officer of Global Technology & Services at Merrill Lynch & Co., elected to The Depository Trust & Clearing Corporation's Board of Directors.
International Bytes
UniCredit Banca Mobiliare adds STP capability to its existing front-to-back Summit infrastructure; DekaBank has gone live with a decision support software package for trading departments from SunGard Investment Management Systems; KBC Bank & Insurance Group selects an S1 system to power its commercial banking services throughout Europe.
North America Bytes
ABN AMRO North America selects TouchPoint Sales Management from WebTone Technologies to manage its sales activities; JPMorgan, implements the Siebel eFinance CRM solution; First Citizens Bank signs a software license agreement with Metavante Corporation for document composition technology.
Association Update
Smart Card Alliance releases two new studies; The International Islamic Finance Forum will be held February 23-25, 2003 at the Crowne Plaza Hotel, Dubai, United Arab Emirates; Fiserv will Webcast Leslie M. Muma's presentation at Salomon Smith Barney's upcoming 2002 Electronic Financial Services Conference.
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Archived Audio Interviews
Join Bank Systems & Technology Associate Editor Bryan Yurcan, and guests Karen Massey and Jerry Silva from IDC Financial Insights, for a conversation about the firm's 11th annual FinTech rankings.
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