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SOA: At Your Service
Speaking at the SIA conference held last week in New York, Carol Dow, principal in corporate technology services at The Vanguard Group, explained that, as a business-driven approach to technology, service-oriented architecture (SOA) allows companies to innovate by ensuring that their IT systems can adapt quickly, easily and economically to support rapidly changing business needs.
Web Watch
Consumers Want It Their Way; All Banking Is Local; Getting Out of the 1960s; Mapping Outbreaks; Seniors Logged On; Be Prepared; Playing by the Rules;
Outsourcing
Outsourcing
Karma on a Hanger
An article that appeared in The Times earlier this month inspired an amazing number of passionate and angry letters from women (and a few sympathetic men), all sounding variations on this theme: Don't I -- and my money -- matter?
Bank of New York Opens Innovation Center
The bank says the move will accelerate product development in securities space.
The most popular gripe about technology - It takes too long for vendors to deliver new stuff
By Art Gillis
That's what bankers are saying, and I can't blame them because the world is turning into a real-time environment. Everyone is living in an instant time cycle. If you think there's a solution to a problem, you want to see it right away. But I see something else. There are two parts to how long something takes.
1. Transactions occur in nanoseconds.
2. Personnel-based work efforts take forever.
It's the second category that gets all the gripes. For example, when has Microso
Ticonderoga #3, Eberhard Faber eraser, columnar ruled pads, hand-held calculator - Tools I can do without
By Art Gillis
One of the first banking applications to find its way onto a PC in the mid-seventies was Asset/Liability Management. And it was a perfect marriage because ALM was about modeling. "Try this and see what you get." In the days of manual grunt work, "try this" meant only one, two or three what-ifs because it required a lot of tedious work, and bankers were too busy pushing paper from one station to another.
When I asked bankers what they liked about the PC-based solutions, they a
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