Some experts are saying that flexible and robust financial business intelligence systems would have been able to alert upper level management of impending problems. Wall Street’s infatuation with outsourcing led it to save a lot of IT dollars and lose its ability to build new IT systems for new financial environments. Dumb move.
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The financial crisis is just beginning for retail institutions. Ninety to ninety-five per cent of bank transactions are executed electronically today. The Internet, ATMs, call centres and smartphones have become mainstream for customers. But banks still classify these as alternative channels and maintain an organisation structure where Branch dominates thinking. Continued technology innovations, Web 2.0, social networking, app phones and mobility are also stretching… More >>
Bank 2.0: How Customer Behavior and Technology Will Change the Future of Financial Services
Research and Markets: Wealth Management Technology Spending in Brazil to 2014
DUBLIN–(BUSINESS WIRE)–Research and Markets (http://www.researchandmarkets.com/research/fd6290/wealth_management) has announced the addition of the “Wealth Management Technology Spending in Brazil to 2014″ report to their offering. This Databook provides insight into key technological market dynamics in the Brazilian wealth management technology sector. It quantifies …
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