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News & Commentary
Content tagged with Management Strategies posted in January 2007
Freddie Mac Opens Regional IT Office in Chicago Area
News  |  1/30/2007
New technology solutions unit a part of growing IT corridor in Schaumburg
2007: In Your Dreams
News  |  1/29/2007
Art Gillis has been telling it like it is in the banking technology industry for 36 years. In this special edition of his online blog for Bank Systems & Technology, Art offers his unique outlook for 2007. Among his forecasts, Art says vendors will be challenged with making technology a lower-cost, more-adaptive resource, and financial institutions will reap the benefits.
HSBC Gets Derivatives Under Control
News  |  1/29/2007
Bank deploys Yolus credit trading product.
New Products
News  |  1/29/2007
Source Technologies Redesigns Kiosk; SIA Automates Best Execution for MiFID; Kodak Launches New Check 21 Solutions
Show Me the Value
News  |  1/29/2007
Industry association executives speculate on the top challenges, opportunities and trends facing the banking industry in 2007.
Enabling Efficient Business Growth
News  |  1/29/2007
Aligning Strategies
News  |  1/29/2007
IT for Growth
News  |  1/29/2007
Electronification Is the Future
News  |  1/29/2007
Discipline and Growth
News  |  1/24/2007
The biggest challenge in 2007 will be to cope with the global growth of the banking industry while maintaining cost, risk, capital and regulatory discipline.
Executive News
News  |  1/24/2007
Druskin Moves Up at Citi; LaFue Joins Barclays; Chauvin Takes Risk at TD; Herb Goes to Columbia; FSTC Adds to Board
Check Image Exchange Soars in 2006
News  |  1/23/2007
NCHA and SVPCO see significant rise in the volumes of digitized checks exchanged last year. Numbers also show a trend toward doing so without the use of substitute checks.
Diversity in Check-Image Archives at Major Bank Web Sites
News  |  1/23/2007
New Corporate Insight report examines the effect of Check 21 legislation on check image archives and finds surprising disparities.
News  |  1/23/2007
The new Financial Crime and Intelligence Division aims to fight quickly evolving risk to Great Britain's financial sector.
JPMorgan Chase Acquires Assets of Healthcare Remittance Provider
News  |  1/23/2007
Purchase of FisaCure will enable the bank to offer broader array of services to the healthcare industry and encourage adoption of electronic payments.
Art Buchwald, thanks for the boost
News  |  1/19/2007
By Art Gillis June 14, 1983 - Art Buchwald sent me a letter saying he enjoyed my piece very much and I should send it to Personal Computing, Popular Computing, Info World and Byte for publication. I sent the article to Art Buchwald because after I had written it, I read it and it sounded like something he would have written. So I wanted to clear it with him first. Looking back at my records, it turns out I didn't take his advice because I was in banking, and generic publications didn't int
In my opinion, bank tech solutions are priced too low
News  |  1/16/2007
By Art Gillis The other night, I flew home from Boston to Dallas on what was a very nice flight. It left on time. It arrived on time. A Tasmanian Devil didn't sit next to me. In fact, I could have had several rows to myself. I didn't eat anything. And the PA system must have been out of order, or maybe it just didn't blow me out of my seat. I even managed a couple of cat naps. It reminded me a little of my no-nonsense trips from SAC Hq. to Vandenberg Air Force Base in the fifties. SAC
A New Year's resolution for systems developers
News  |  1/8/2007
By Art Gillis Eight days into my New Year's resolution and I'm on track. That qualifies me to tell others what their resolutions should be. 1. Build new automated processes by throwing out the old concepts. Start by asking, "What are we doing here?" not, "How did the old system work?" In the 50s, new systems were designed as if the 80-column punched card was never going to disappear. Some bank systems today start as a customer enters the branch. But in many cases the branch is the custome
The Trouble With Customers and Their Data
News  |  1/5/2007
The cost of customer data breaches is increasing, and the financial services industry is trying to reconcile the price of protecting that data with the increasingly disconcerting ramifications of security lapses.
The Rise of the Business Analyst and Other Emerging IT Roles
News  |  1/2/2007
Emerging roles at banks put business and IT on the same page.
The Missing Link in the Financial Supply Chain
News  |  1/2/2007
As banks enter the financial supply chain management space, they must keep the security of transactions in mind.
May I See Your I.D., Please?
News  |  1/2/2007
Labe Bank adds photo I.D. scanning capabilities to its teller-level fraud prevention.
BS&T Blogosphere
News  |  1/2/2007
Executive News
News  |  1/2/2007
Technology Implications for the New Bank of New York Mellon Corp.
News  |  1/2/2007
Companies reveal their post-merger tech plans.
Big Deals
News  |  1/2/2007
Let’s Make a Deal
Commentary  |  1/2/2007
The flurry of big technology-driven deals that have dominated the headlines in the bank technology business over the past month not only represent dramatic realignment in both the vendor and institution ranks, it also raises the question: So what happened to all the talk about organic growth?

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