Basket £ 0.00 (0 items)
You are here: HomeSolutionsby Industry › Finance

Finance

The Finance sector remains one of the biggest technology spenders and as an industry is heavily reliant upon technology in terms of its organisational structure, products and services development and its service delivery.

Technology has truly revolutionised banking and this bears no cross-industry comparison. In grocery retail; 50 years ago, essentials might have been delivered to your door by bike. Now Tesco's might get them to you in a van, the interface might be via the web but the customer service hasn't advanced much. Contrast this with banking, where 50 years ago, banks were still handwriting customer statements, money was only available from the branch, and cash spoke loudest.

A far cry from today's banking - and all due to changes the like of which we'll probably never see again. paper-based processes now managed electronically by banks' proprietary software coupled with industry-wide web-based delivery standards. The benefits? Better integration with cash management, cost savings, greater efficiency, and all translating to better bottom line profitability.

IT continues to enable levels of service customers expect. We are told that Change is the only constant and that has never been more true than in the case of the finance sector.


Is Flexibility the Key to Stability in 2010? - 22 Feb 2010

With unemployment, hiring freezes and redundancy dominating the headlines, its not surprising that many business professionals will happily say goodbye to a recession-dominated 2009 and look forward to a more positive 2010. The IT sector, like many others, was unable to sidestep the impact of a global recession, experiencing a significant ... read more..

Customer Convenience - 22 Feb 2010

Growing numbers of banks and financial institutions are adopting text messaging as part of a raft of measures designed to improve customer communication, enhance service levels and attain competitive advantage. However, the constraints of traditional text technology have limited the range of services that can be delivered to customers. Leveraging an ... read more..

Member Question: Desktop Virtualisation and Green IT - 09 Dec 2009

Results of NCC Member Question Issued 27 November 2009We plan to move our Trading Room to another building. Currently we have conventional PCs rack mounted in a comms room with a small remote box (connected to the PC over ethernet cable) on the traders desks providing display, k/board and mouse ... read more..

Future of the Desktop - 04 Dec 2009

(Article taken from Management Guidelines 331 Future of the Desktop)The desktop computing marketplace is fast-paced, with an increasing variety of options for the delivery of information both within an organisation and the wider connected community. In facilitating this information, the way in which applications are installed and accessed has become ... read more..

Budgeting in a Recovering Economy - 04 Dec 2009

(Article taken from Management Guidelines 330 Budgeting in a Recovering Economy) It will have escaped nobodys notice that this has been a tough year. Consequently, anyone who is in the process of or about to start the forthcoming years budget planning round may be considering the prospect with some trepidation. ... read more..

How Advanced are your Legacy Applications? - 12 Nov 2009

Research conducted by the National Computing Centre and Atos Consulting, the consulting arm of Atos Origin, has revealed that businesses are re-establishing growth agendas and are becoming ever more dependent on IT solutions to differentiate and remain competitive. This survey highlights that in all companies, large and small, legacy IT ... read more..

Innovations in Code Maintenance - 12 Nov 2009

Within IT, code maintenance is an often overlooked area of misery and costs. Code maintenance is generally overlooked as the costs and potential problems associated with cleaning up old code can be huge. The industry sees their options are to leave the code as is and accept the massive code ... read more..

The Burden of Legacy - 12 Nov 2009

One of the most difficult challenges facing IT directors today is maintaining and upgrading legacy systems. Legacy is becoming a hot topic: research by the Gartner group show that the main concern amongst IT managers in mid-sized IT companies is integration with legacy systems.The Burden of Legacy ... read more..

Unique Improvements to Business Process Management - 12 Nov 2009

The Erudine Behaviour Engine is an innovative technology for the generation and management of complex business rules. This paper examines how the unique benefits the engine can bring to projects requiring business data workflow management, and specifically Business Process Management (BPM) and Business Process Automation (BPA) systems.Unique Improvements to Business ... read more..

Unlocking Tacit Knowledge - 12 Nov 2009

The problems and issues around requirements capture and management are well documented within the IT industry. It is the defects in the requirements definition process that very often lead to failure in the successful implementation of major IT projects. We would all contend that truly successful development can only take ... read more..

Profiting from Experience - 12 Nov 2009

Programmes and projects are significant investments and key mechanisms by which business change is achieved. Yet many otherwise successful organisations fail to reap full value from this investment by not learning the lessons from this experience.Profiting from Experience ... read more..

Unlocking the Value in your Data - 12 Nov 2009

Information lies at the heart of effective management. Not only are business executives accountable for the information published to the market, but effective strategic and operational decisions rely on intelligence derived from available data. Organisations need to have access to the 'right' data to improve competitiveness, grow market share, meet ... read more..

Performance measurement - 12 Nov 2009

Given the significant costs and strategic value of IT, measuring its performance is at least as important as measuring the performance of any other key business function. Yet many organisations find IT performance measurement challenging, so they settle for measuring what they can - rather than what they want or ... read more..

Getting real alignment between business and IT - 12 Nov 2009

Achieving successful alignment of IT with the business starts with reaching an understanding and agreement between business and IT about IT's role and business contribution. This will get senior management in both IT and the business, involved and accountable for IT governance, and support the board in setting direction. True ... read more..

Developing and implementing a consistent risk management framework - 12 Nov 2009

Organisations recognise the need for risk management, and many purport to have it in place. Further investigation often reveals inconsistent and superficial processes for risk identification and management, and even inconsistent approaches to risk categorisation. Management is reassured by the belief that risk management is in place, as evidenced by ... read more..

Managing IT investment to achieve value - 12 Nov 2009

For some companies, IT budgeting can seem like a mystical art fit only for specialist accountants; for others, it's a money pit that yields few measurable benefits. The complex issues at play include visible and invisible spend, varying views on approaches such as total cost of ownership (TCO), expected lifespan ... read more..

Effective governance over third parties - 12 Nov 2009

Increasingly, organisations are handing responsibility for significant parts of their business, including IT, to third parties, often offshore. Attracted by the potential for a known cost base and greater efficiencies, working with third party vendors also carries substantial risks. The appetite for outsourcing to third parties has not decreased, despite ... read more..

Choosing and using IT governance standards - 12 Nov 2009

Standards for many aspects of business - IT included - have been available for many years. Fully embraced by some, ignored by others on the grounds that attaining and maintaining compliance is too onerous, while others choose a middle path of following the principles without certification or independent verification. Standards ... read more..

IT governance in the public sector - 12 Nov 2009

IT governance as a critical enabler to Transformational GovernmentThere is no doubt that the pace of business change has increased and will continue to do so. It is also true that opportunities for significant incremental business benefit are diminishing and that, increasingly, organisations are depending on technology to achieve the ... read more..

Developing the right organisation and resource management - 12 Nov 2009

With falling technology costs, human resources increasingly comprise the largest component of IT expenditure. As IT governance is concerned with achieving value for IT expenditure, it must focus on these human resources, as well as on the technological and financial resources. The constantly changing IT world presents particular challenges for ... read more..

Developing the right organisation and resource management - 05 Nov 2009

With falling technology costs, human resources increasingly comprise the largest component of IT expenditure. As IT governance is concerned with achieving value for IT expenditure, it must focus on these human resources, as well as on the technological and financial resources. The constantly changing IT world presents particular challenges for ... read more..

IT Governance: improving IT performance; delivering business value - 05 Nov 2009

IT Governance is a critical topic for business leaders given the significant investment and central role IT plays in today's organisations. However, IT Governance is a much misunderstood subject and means different things to different people. At Ernst Young, we think it's time for organisations to put IT Governance ... read more..

Preparing for Exchange 2007 - 05 Nov 2009

It is intended that this document will provide IT strategists and decision makers with an overview of the benefits, risks and challenges faced in moving to an Exchange 2007 environment and help them to prepare their organisations and infrastructures for the future. This document is not intended to provide a ... read more..

Digital Collaboration - 05 Nov 2009

Avanade believe that collaboration is an organizational capability that will become increasingly vital to business success and, further, that digital collaboration - the use of technologies to enable efficient and valuable connections among people and information - represents the area of IT with the greatest potential for improving business performance ... read more..

Mobile Phones – The New Fingerprints? - 05 Nov 2009

Mobile phones have now become an essential part of everyday life with more that 40m owned by British residents. Their constantly increasing functionality and the fact that hardly anyone goes anywhere without their mobile means that the information available on both SIM /Handset can determine more about a person's movements, ... read more..

Infrastructure Optimization - 05 Nov 2009

Explore the progression of IT systems and find guidance for improving your organization. Infrastructure Optimization serves as a gauge for IT organizations and provides a logical roadmap to progress from reactive to proactive IT service management.Infrastructure Optimization ... read more..

TCS OptimizeIT Benchmark, Release Funds, Leverage Value - 05 Nov 2009

Whilst the business demand and opportunities to leverage IT for competitive advantage have grown enormously, many organisations are enmeshed in IT for the 'run-the-business'. Indeed research shows that on average over 70% of IT spend goes on run-the-business and this proportion has actually grown in recent years!Accordingly, TCS has evolved ... read more..

Virtualization The End of Application Deployment - 05 Nov 2009

Hundreds, even thousands, of applications serve as the lifeblood of each of today's distributed global enterprises - at use in more places and in more ways than ever before. To deal with the growing complexity and cost of application deployment, maintenance and performance, organisations are looking for solutions to streamline, ... read more..

Licensing Microsoft Server Products in Virtual Environments - 05 Nov 2009

The purpose of this white paper is to give an overview of Microsoft licensing models for the server operating system and server applications under virtual environments. It can help you understand how to use Microsoft server products with virtualization technologies, such as Microsoft Hyper-VT technology, Microsoft Virtual Server 2005 R2, ... read more..

Infrastructure Outsourcing: No Longer an All-or-Nothing Proposition; 'Asset Light' RIMO on the Rise - 05 Nov 2009

IT users of every type have always pursued higher quality services and improved flexibility, scalability and transparency. Nowhere is that more true than when these IT users are in the market for remote management of their IT infrastructures.Infrastructure Outsourcing ... read more..

 

Contact

For more information about the National Computing Centre and our services, please contact us at the details below:

E-mail info@ncc.co.uk
Telephone +44 (0) 161 242 2121
Fax +44 (0) 161 242 2499

Click here for more contact information

Interoperability

Microsoft + Novell

more in Interoperability

 

CRM

the new era of customer relationships

more in CRM

 

ITAdviser

Rise of the Mobile Enterprise

more in ITAdviser