Financial Services: Related White Papers
- The Subprime Decline and IT: Technology’s Role in Restoring The Market
- The market for collateralized debt obligations (CDOs) and other investment instruments tied to subprime mortgage loans has shrunk dramatically in the wake of the subprime sector's decline. EDS explores IT's role in reviving the business.
- A Strategy For Growth
- Creating sustainable organic growth is proving to be difficult, too slow in coming or altogether elusive for many financial services institutions (FSIs). A set of new competitors have emerged that successfully acquire and grow customer relationships.
- Agile Card Utility
- Despite the dramatic growth of payments cards, the IT systems that process them have remained virtually unchanged for the last 20 years. These legacy systems are often inflexible, making it difficult to accommodate the changes that today’s marketplace demands. Financial services companies that rely on these systems face a challenge: how can they update their card processing platform while still controlling capital expenditure?
- Banking On an SOA Evolution
- Seamless service orientation can change the way your company makes use of technology to compete. A service-oriented architecture (SOA) enables components, applications, functions and systems to be published, consumed and combined dynamically over an intelligent network, enabling virtualization.
- Business Transformation Outsourcing In the Financial Services Industry
- As the conventional outsourcing market gets crowded with service providers, the business transformation outsourcing model offers the promise of rich rewards to both clients and suppliers. This paper examines critical success factors for the service delivery providers that now seek a greater share of the lucrative business transformation outsourcing market in the financial services industry.
- Financial Services Utilities
- Industry utilities can provide increased efficiency of operations for financial services companies, but collaboration and transparency are required to open the door. By revisiting their definition of core and noncore operations, early adopters of utility strategies are seeking to achieve step changes toward improved performance.
- Offshore Services
- Offshore services hold a compelling value proposition for financial institutions (FIs) – whether the FIs obtain the services from offshore providers, provide the services themselves from offshore locations, or look to global outsourcers that deliver the services from their offshore service centers.
- Upgrading to Compete in the Global Marketplace
- Financial services companies around the world are seeking to upgrade their core banking systems to improve competitiveness, operational efficiency and regulatory compliance. For a variety of reasons, such initiatives are especially challenging for small to mid-sized institutions. EDS, an HP company, explores a new approach to core banking system replacement .
- Utility Credit and Mortgage Processing Model
- Creating assets through lending is at the heart of financial services. However, the process of acquiring and managing mortgages and loans requires financial services institutions to maintain massive middle- and back-office capabilities, as well as the sales channels and marketing functions to support these products. This middle- and back-office structure not only represents a significant proportion of operating costs, but its inflexibility can reduce an institution’s ability to adapt to changing markets and capture new revenue opportunities.