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Better use of data is route to new revenue says EFMA report

Maintenance is taking 77% of IT budgets

Banks should focus their efforts on using data to provide better services to merchants, retail customers and other businesses – and they can build a more efficient business, according to a new report by Kurt Salmon and the European Financial Management and Marketing Association.

Bloomberg rolls out ‘actionable’ FX news service

Bloomberg's new FX news service is designed to give fast, 'actionable' insight to traders

Bloomberg has launched a new information service called First Word Foreign Exchange, which is designed to give FX traders ‘actionable’ news insight that they can quickly process and feed into their trading decisions.

Re-inventing banking: geospatial adoption drives “New World” business models

Photo_Virtusa_SameetGupte

Loyalty is key to business success – and banks that can bring data and technology to bear to achieve it stand to gain the most, writes Sameet Gupte, senior vice president and managing director for Europe at IT consulting and outsourcing company Virtusa Corporation.

Embrace data or lose out – Capco warns FS firms

Financial services firms may be losing out on opportunities to save costs and generate revenue, according to Capco

Financial institutions are not managing their data effectively and may be at risk of losing out on the balance sheet, according to new research by technology consultancy Capco.

Risk information “inadequate”, says new report

Operational risk has gained wider attention in recent months as regulators clamp down

Capital markets firms are relying on outdated information that is inadequate for controlling risks, according to research by US business intelligence company QlikTech.

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