Performance measurement has evolved in banking industry from being just organizations’ high-level KPI management to driver based strategic decision management where driving elements are region, branch, line-of-business, customer, instrument. This paper highlights distinctive elements of Financial Performance Management (FPM) and Corporate Performance Management (CPM) as two separate strategic processes for a bank and identifies critical need to integrate them. Paper also highlights technical-frameworks for CPM implementation which can structure foundation element to build FPM on top of it.

NSFOCUS, a global provider of intelligent hybrid security solutions, announced today the launch of its global partner programme, the NSFOCUS STAR Partner Programme. The program encompasses partners at the regional and national levels including resellers, distributors, consulting partners, technology and solution providers, system integrators and managed security service providers.

Qumram, a leading global provider of digital compliance and risk management sol

ING today announced the sale of 46.7 million ordinary shares of Kotak Mahindra Bank (Kotak). The shares were sold at a price of INR 782.32 per share. Gross proceeds to ING from the offering amount to approximately EUR 490 million (at the current exchange rate). The sale reduces ING's stake in Kotak from currently 6.4% to 3.9%. ING's remaining stake in Kotak will be subject to a 90 day lock-up following settlement of the transaction which is expected to occur on 4 October 2016.

  aPriori, a provider of product cost management (PCM) software solutions, has been selected by Barco, a global technology company that designs and develops networked visualization products for the entertainment, enterprise and healthcare markets.  The company will implement aPriori's software

NTT Data Getronics announced it has become a Registered Business Partner of Pegasystems Inc., which empowers the world’s leading enterprises with strategic applications for customer engagement. As a Registered Business Partner, Getronics will leverage Pega technology to develop solutions for Japanese financial institutions to help streamline complex processes, lower costs, and improve customer experiences.

SWIFT announces the introduction of a set of core security standards and an associated assurance framework for its customers. The standards will be mandatory for all customers, who will be required to demonstrate their compliance annually against the specified controls set out in the assurance framework.

Distributed Denial of Service (DDoS) attacks are on the rise, with the UK having suffered numerous high profile incidents over the past few months;the BBC has been a victim, while code-sharing site GitHub is also suspected of having been brought down by DDoS.

Publicis.Sapient, a division of Publicis Groupe, and Luminoso Technologies, a leading global player in Artificial Intelligence (AI) based deep analytics, announced a strategic partnership to help clients transform unstructured data into actionable insights that enable them to better capitalize upon opportunities created by today’s digitally disrupted environment.  Together, Publicis.Sapient and Luminoso will develop AI-supported applications and services that leverage consumer data to help clients drive growth, increase marketing performance, and build better customer experiences.