Data Management

• HSBC Apologizes for Former IT Staffer's Theft of Data on 15,000 Clients March 11, 2010 Former HSBC computer specialist allegedly tried to sell Swiss private banking account data in Lebanon.
• Most Banks Lack Key Data Privacy, Security Controls March 05, 2010 A Ponemon Institute study finds that while most financial services firms take some steps toward data security, many come up short in critical areas.
• Whitney Bank Overhauls IT March 04, 2010 The Gulf Coast bank is replacing 50% of all technology, converting to Jack Henry core banking; IBM servers, middleware and reports; and Oracle/PeopleSoft financials.
• Recalculating Risk: The New Rules of Risk Management February 25, 2010 New data management and risk analytics tools are giving banks such as ING, HSBC and Union Bank insight into enterprisewide risk exposures and a head start on Basel II rules.


• Data was at the Heart of the Financial Crisis
• Cusip, Avox Launch Directory of Business Entity Identifiers
• Burroughs Payment Systems and Ceto and Associates Partner to Improve Cash Management Capabilities
• Accenture and SAS to Jointly Develop, Implement and Manage Predictive Analytics Solutions
• Reed Proposes Financial Risk Data Clearinghouse
• IBM to Offer Data Quality, Redaction Tools
• Sybase Acquires Complex Event Processing Vendor Aleri
• Microsoft Names Susan Hauser to Lead Worldwide Industry Sectors and Global Accounts
• IDC Predicts Number of Banks Will Shrink 4% in 2010
• Oracle Financial Services Software Introduces Oracle FLEXCUBE Universal Banking Release 11.0
• Washington's Regulatory Agenda Will Shape Banks' Risk IT Strategies
• Banks Planning Flexible IT Budgets for 2010
• Abu Dhabi Commercial Bank Picks Cyveillance for Security
• IT Execs Fear Retribution From Former Employees
• Going Public With Core Systems Conversion Problems
• Experian Introduces Products That Help Lenders Determine Consumers' "Ability to Pay"
• Information Security Still a Priority In IT Budgets
• SAP Appoints Don Trotta New Head of Global Financial Services
• U.S. Bank Selects Rockall's STOC Solution for Enterprise Collateral Management
• Computer Services, Inc.'s Bob Ezell Elected President of AFT
• SIBOS NEWS: SmartStream Unveils Reference Data Utility
• Bank of the West Shaves Server Use With Terracotta
• A Flexible Technology Architecture Is Key to Remaining Competitive
• Hackers Tend to Take the Summers Off
• Freddie Mac Names Bruce Witherell Chief Operating Officer
• RBS WorldPay to Promote VeriShield Protect
• Almost 600,000 Affected by Network Solutions Data Breach
• PCI SSC’s Wireless Guidelines Formalize Wi-Fi Security Basics
• Bank of Beirut to Deploy IBM Services for Disaster Recovery
• Heartland Completes First Phase of Encryption Pilot
• IBM Develops Technique to Enable Confidential Processing of Encrypted Data
• Being Proactive and Cooperative Still Keys to Foiling Cyber Threats
• InsBank Selects Goldleaf’s Remote Backup Service
• ITAC, Intersections Launch BreachCenter.com
• CRM Helps De Novo Profit Amid Crisis
• Although Data Breach Rates Low, Industry Collaboration Still Necessary, Says Visa
• Banks Need a United Front to Succeed in Payments in the New Economy
• New HP Solutions Target Organizations’ Need to Standardize Technology and Adopt Flexible Sourcing Options
• To Maintain Consumers’ Trust, Banks Must Improve Decisioning
• Wells Fargo Picks Voltage to Secure E-mail
• Deloitte Says Financial Crisis May Lead to Security Crisis for Banks

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