Banks to embrace virtualisation in 2009: survey

But cloud computing will have to wait

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FileMaker launches Pro 10

New UI, reporting and automating features for database app

National Bank of Umm Al Qaiwain selects Nucleus Software's FinnOne suite

To support its loan origination process and help in delinquency management

Wipro Infotech develops integrated police information system

The architecture enables each police station to function independently

BMO implements BancBridge's TreasuryAgent platform

BMO Capital Markets, an investment and corporate banking arm of the BMO Financial Group, has implemented cash management technology provider BancBridge's TreasuryAgent platform for unattended web connectivity with corporate treasury management clients.

PureSafety acquires Unique Software

PureSafety, a provider of online safety training and risk management software solutions, has acquired Unique Software Solutions, a developer of health and environmental solutions.

Sirius and CHR select OpenAir service to increase profits

OpenAir Professional Edition to streamline business processes

XStor releases Imaging Platform for clinical applications

XStor Medical Systems, a provider of imaging and storage technologies, has released its Imaging Platform for clinical applications and collaborative patient care.

BMO Capital Markets implements BancBridge's TreasuryAgent platform

BMO Capital Markets, the investment and corporate banking arm of BMO Financial Group, has implemented BancBridge's TreasuryAgent platform for unattended web connectivity with corporate treasury management clients.

Tejari partners with Excellent Systems

Expands into East African markets

Re-labeling products costs retailers millions

A sudden VAT cut and record levels of pre-Christmas discounting have left retailers footing the bill for maintaining up-to-date prices on labels or at the shelf. Minimizing these costs could be the difference between whether or not a retailer goes bust in 2009, and electronic shelf labeling will enable retailers to change the prices at the shelf at zero cost.

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Comments & Opinion

Re-labeling products costs retailers millions

A sudden VAT cut and record levels of pre-Christmas discounting have left retailers footing the bill for maintaining up-to-date prices on labels or at the shelf. Minimizing these costs could be the difference between whether or not a retailer goes bust in 2009, and electronic shelf labeling will enable retailers to change the prices at the shelf at zero cost.

Credit crisis spurs interest in operational risk technology

In response to evolving market conditions, global financial institutions are beginning to view operational risk as a means of providing a more proactive decision-making framework, as opposed to seeing it purely as a compliance and reporting function. Through leveraging operational risk controls, financial institutions can unlock significant performance benefits.

Lightspeed mulls expansion into FIX

Lightspeed Trading is considering the addition of a FIX converter to its algorithmic trading product, enabling customers to come on board without having to make changes to their existing trading applications. However, persuading customers to actually engage in a rewrite for full HUBB functionality will be more of a challenge, and one that Lightspeed will need to tread carefully to address.

Low-latency infrastructure remains popular in financial markets despite current turmoil

Technology vendors and service providers are vying to offer financial markets the lowest possible latency in the delivery of market data and trade execution information. Despite the current economic climate, the fundamental drivers of the demand for low-latency persist and may even be accentuated by the present volatility.

Highlights of IBM's 'Transformation in the Banking Industry' analyst day

Datamonitor recently attended IBM's 'Transformation in the Banking Industry' analyst day, where the company shared some candid views on the current and future state of the banking sector. IBM is undeniably impacted to a significant extent by the global financial crisis, and has therefore been compelled to act accordingly.

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