Studies conducted by Ovum, the global analyst house*, reveal that the use of SaaS (software as a service) in the global insurance industry is already significant with at least a third of all insurers fully deploying or trialling SaaS currently. Despite a significant minority of insurers remaining cautious of SaaS (for regulatory, risk and reliability reasons) there is almost universal agreement among insurance carriers that SaaS will have a significant impact on both the insurance industry and individual insurers within the next five years.
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Ullink, a leading provider of electronic trading and connectivity solutions to the financial community, announces that Didier Bouillard will take on the role of Chief Executive Officer, effective from July 1. Bertrand Sciard, Ullink’s current Interim CEO, will move to Chairman.
Yverdon-les-Bains, Switzerland, June 10, 2015 - Swiss fintech innovator NetGuardians has been named a Gartner "Cool Vendor" in "Cool Vendors in Audit and Compliance Innovate Controls Validation Techniques, 2015".
Industry body standardizes a secure channel to optimize security for mobile applications
Standard Chartered has appointed its first group chief innovation officer, promoting head of risk innovation Anju Patwardhan to the newly-created position.
A physicist and aerospace engineer by training, Gorriz will join the bank in the third quarter of 2015 from current employer Daimler.
Having issued three profit warnings last year, Standard Chartered is in the midst of a major shakeup designed to save $400 million in 2015.
IBM (NYSE: IBM) has signed a five-year IT services agreement with Citizens Bank, N.A., a wholly-owned banking subsidiary of Citizens Financial Group, Inc. (CFG), to transition its back-end technology infrastructure to a managed services environment.
Sri Lanka’s Commercial Bank and Hatton National Bank sign up to use leading solution for IFRS
Sri Lanka’s two largest private commercial banks – Commercial Bank of Ceylon (CBB) and Hatton National Bank (HNB) – are the latest Asian institutions to have signed up to use the OneSumX Finance solution developed by Wolters Kluwer Financial Services. The firms will use the solution for the implementation of IFRS. They are the first banks in the country to become compliant with the international reporting standards.
Privacy and information security research firm the Ponemon Institute announced the results of its 11th annual Privacy Trust Study for Retail Banking, measuring consumer perceptions of trustworthiness for retail banking institutes.
Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS), a leading IT services, consulting and business solutions company, today announced the launch of TCS BaNCS Digital, a solution designed specifically for financial institutions in North America.
Accenture (ACN) is launching seven advanced analytics applications for the financial services industry, including banking and insurance companies, to simplify analytics decision-making by placing insight at users’ fingertips.