July 20, 2009 @ 10:03 AM | By
By Rajat Sharma, Onward Systems
Many banks are in survival mode. Some will survive, some will merge or get bought, and some unfortunately will have to close business. What does a bank need in tough economic times? A bank needs cash flow, customer retention, to maintain profitability, and to find ways to increase revenue. How is all this possible in a survival mode? By investing in business intelligence is one promising way.
Comment on this blog entry
IT Must Play a Key Role in Adapting to IFRS
July 16, 2009 @ 09:18 AM | By
By Ron Giammarco and Neil Bromberg, Ernst & Young
In late November 2008, the Securities and Exchange Commission (SEC) released for comment its proposed roadmap of the steps required for conversion from US Generally Accepted Accounting Principles (US GAAP) to International Financial Reporting Standards (IFRS). Its release takes us closer to a single set of high-quality, globally accepted accounting standards, but implementation of IFRS will require significant changes in business processes and systems in order to amend accounting treatment and satisfy reporting requirements.
Comment on this blog entry
Banks, Tech Providers Can Help Corporates See Benefits of Revamped Wire System
July 15, 2009 @ 10:16 AM | By
By Hank Farrar, The Clearing House, and Lauren Hargraves, Federal Reserve Bank of New York
As the nation’s major wire transfer systems gear up to offer significant new functionality, financial institutions and technology providers have a rare opportunity to deliver additional value to corporate clients—the power of information.
Comment on this blog entry
Flawed Consumer Protection, Part 2
July 15, 2009 @ 09:49 AM | By Maria Bruno-Britz
I just wanted to respond to a comment to the blog I wrote yesterday on whether we need yet another regulatory agency in the financial services space.
Expanding the ‘Patchwork’ Regulatory System
July 14, 2009 @ 11:05 AM | By Maria Bruno-Britz
Is the U.S. consumer financial services oversight system as flawed as Michael Barr, the Treasury’s assistant secretary for financial institutions, told legislators?
Comments(1)
No comments:
Post a Comment