financial services fs
Hedge funds to spend $3.3bn on tech
News Sign up for the FS newsletter today! The analyst said hedge funds will use technology to improve execution time.silicon.com Financial Services Get the latest financial services news straight to your inbox. [31 Aug 2006]
Traders move online for share deals
News Sign up for the FS newsletter today! Ingo Nachbaur, financial services analyst at Datamonitor said: "The advantages of online stockbroking are obvious. The report said a £1,000 trade over the telephone can cost 40 per cent more than the same trade... [29 Aug 2006]
Barclays reels in senior technology officer
News Sign up for the FS newsletter today! The move comes as former Barclays CTO Kevin Lloyd is set to join rival bank Lloyds TSB as CIO later this month.silicon.com Financial Services Get the latest financial services news straight to your inbox. [25 Aug 2006]
Morgan Stanley says 'sorry' for overcharging
News Sign up for the FS newsletter today! The company said in a statement: "All cardholders who contacted the customer service centre prior to receiving the refund were instructed to disregard the interest charges when making their monthly payment... [22 Aug 2006]
Cheat Sheet: Basel II
Cheat Sheet Sign up for the FS newsletter today! The Financial Services Authority sums it up - "It will do so by seeking to ensure that the financial resources held by a firm are commensurate with the risks associated with the business profile and the control... [22 Aug 2006]
Bank data breaches probed by info commissioner
News Sign up for the FS newsletter today! The banks tell everyone to shred everything but they don't.silicon.com Financial Services Get the latest financial services news straight to your inbox. Several high street banks could be investigated by the... [21 Aug 2006]
Building society begins million pound IT overhaul
News Sign up for the FS newsletter today! The new network and thin-client architecture will help the KRBS to set up new offices more quickly and cost effectively in locations that would have been uneconomic because of their size or remoteness.silicon... [18 Aug 2006]
FSA simplifies compliance
News Sign up for the FS newsletter today! The Financial Services Authority (FSA) has signed a four-year contract with three outsourcing companies to revamp its business applications. Capgemini, Tata Consultancy Services (TCS) and Xansa have been... [18 Aug 2006]
ING Direct steps up online security
News Sign up for the FS newsletter today! The new authentication will involve correctly identifying a previously selected image and phrase, and answering at least five security questions.silicon.com Financial Services [17 Aug 2006]
Banks eye reporting system to rival LSE
News Sign up for the FS newsletter today! Individual banks] can't speak unless the rest of the banks say so.silicon.com Financial Services Get the latest financial services news straight to your inbox. MiFID (the Markets in Financial Instruments... [17 Aug 2006]
Spending on credit derivates IT rockets to $500m
News Sign up for the FS newsletter today! The report, by US research consultancy Aite Group, shows the cost per trade has already fallen to $420 from $570 in 2004 and predicts it will fall further to just $190 by 2008.silicon.com Financial Services [17 Aug 2006]
Zurich plans to axe UK call centre
News Sign up for the FS newsletter today! As a result of the operational review Zurich is looking to close its Newcastle call centre by the end of March next year and transfer some work out of its Cardiff and Portsmouth operations a few months later... [09 Aug 2006]
Home working plan reduces disaster risk for Apacs
Case Study Sign up for the FS newsletter today! Attenda won the contract for an undisclosed amount to ensure Apacs administration staff could be up and running by the next day with up-to-date data should a disaster take place.silicon.com Financial Services [08 Aug 2006]
Red-faced Brits want to bank online
News Sign up for the FS newsletter today! A survey from Lloyds TSB found more than half of the respondents (54 per cent) have a preference for doing banking online to avoid discussing their money matters openly.silicon.com Financial Services [04 Aug 2006]
Alliance & Leicester brings intranet closer to staff
Case Study The FTSE 100 FS company runs an annual survey that quantifies direct and indirect costs and, while precise numbers aren't yet forthcoming, A&L's Philbrooks reckons the Rhythmyx software is paying off already. [11 Nov 2005]
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