Fintech Archives

Getting Back to the Basics with Recording in Financial Institutions

International Finance DeskOctober 28, 2013

by International Finance DeskOctober 28, 2013

By Robert Simpson, Vice President, Global Financial Compliance, Verint. 28th October 2013 In 2012, it’s no secret that many financial institutions supported a vigorous and concerted campaign against proposed regulatory changes. These organizations made it clear that the costs of implementing systems to record landline conversations and associated analytics software can far outweigh the benefits....

Fintech

“Mixed, Managed, Enhanced”

International Finance DeskOctober 28, 2013

by International Finance DeskOctober 28, 2013

By Kathleen Walsh, Vice President, Global Customer Service. 28th October 2013 While “Managed Services” has come to take on many meanings, at its most basic level, it is the practice of outsourcing day-to-day management responsibilities – but it should also be contemplated as a strategic method for improving operations. Mixology is, at its most basic,...

Fintech

Survey Finds IT Departments Admit Not Understanding Technology Needs Of Traders; Traders Concur But View Tech As Overwhelmingly Positive

International Finance DeskOctober 28, 2013

by International Finance DeskOctober 28, 2013

Nearly 60% of IT respondents were management-level executives. 28th October 2013 IT departments in financial firms say they are failing to understand the needs of today’s trader, according to a survey examining the relationship between the IT department and the trader, conducted by IPC Systems. More than half of IT professionals surveyed said their departments did...

Fintech

Boom in small online startups

International Finance DeskOctober 28, 2013

by International Finance DeskOctober 28, 2013

Written by Sam Coventry. 28th October 2013 A study of 300,000 small businesses across the UK has shown a rise in the number of people setting up businesses online. The study undertaken by Freelancer.co.uk assessed 300,000 businesses over the past 12 months and found that an online entrepreneurial boom was taking place right across the country, with...

Fintech

Getting ‘big data’ analysis wrong hits revenue stream

International Finance DeskOctober 28, 2013

by International Finance DeskOctober 28, 2013

Incorrect analysis of big data has significant impact on revenue, say third of finance professionals. Written by Gary Howes. 28th October 2013 Incorrect analysis of organisational data is having a significant impact on revenue, say over a third (34%) of global finance professionals surveyed by CIMA (Chartered Institute of Management Accountants) and AICPA (American Institute...

Fintech

Dubai Sets Up First Solar Plant

International Finance DeskOctober 24, 2013

by International Finance DeskOctober 24, 2013

The Supreme Energy Council is trying to reduce Dubai’s dependence on oil and gas, the gulf state aims to produce one percent of its energy needs using solar power by 2020 and five percent by 2030. 24th October 2013 Dubai inaugurated the first phase of a solar energy park on Tuesday and plans to build...

Fintech

EU Signs Historic Trade Deal With Canada

International Finance DeskOctober 24, 2013

by International Finance DeskOctober 24, 2013

The deal will make Canada the only G8 country to have preferential access to the world’s two largest markets, the EU and the United States. 24th October 2013 The European Union and Canada agreed on a multibillion – trade pact on Friday that will integrate two of the world’s largest economies and paves the way...

Fintech

DCIM Solutions: Do You Know Where Your Servers Are?

International Finance DeskOctober 24, 2013

by International Finance DeskOctober 24, 2013

by William Bloomstein, Market Strategist for iTRACS. 24th October 2013 Data Center Infrastructure Management (DCIM) means many things to many people, depending on their short-term and long-range goals for the data center. For some, the immediate priority is reducing energy consumption and costs, contributing to the elimination of OPEX. For others, it’s getting a better handle...

Fintech

Data Center Efficiency: Flirting with Disaster

International Finance DeskOctober 24, 2013

by International Finance DeskOctober 24, 2013

Global demand for datacenter electricity will quadruple by 2020″ . 24th October 2013 Data center inefficiency affects all levels of the corporate hierarchy; from IT asset managers and data center directors, to accounting and finance professionals, right up to the folks sitting in the boardroom. The combination of skyrocketing energy costs and the ever-increasing business...

Fintech

Hacker’s Now Set Their Eyes on “Source Code”

International Finance DeskOctober 21, 2013

by International Finance DeskOctober 21, 2013

Cyber crime is carried out by self styled criminals known as “hacktivists”, to organised crime gangs who have a strong understanding of the hardest networks and also from state sponsored adversaries to target banks, financial centres and state owned. 21st October 2013 Experian Data Breach Resolution and the Ponemon Institute have released a new study...