The banking, financial services and insurance industry has experienced substantial shifts over the past ten years. Perhaps more than any other sector, market forces are requiring custodial banking, asset management and other financial institutions to invest in technology at a rapid rate. These changes are occurring in diverse areas, requiring wide ranging staffing expertise, making prioritization critical.
Author: Raj Ponnuraj
We hear a lot about Big Data. But how exactly does it help businesses drive profits? When should a big data project be considered? According to SRI Engineer Eugene Galchenko, big data makes the most sense when there is a significant amount of data to be stored, and when it’s necessary to run quick calculations […]
For institutions in the banking, financial services and insurance sector, technology projects are often siloed. They tend to exist exclusively in the front office, middle office and back office. More often than not, it is the front office – the client facing operations which directly drive profits – that gets most of the technology attention. […]
5 Steps For Offshoring Success
The outsourcing of technology and development projects has taken on increasing prominence in the business world. Why? No longer confined to manufacturing and blue collar work, with offshoring, businesses are able to build larger, more highly qualified IT departments for the same cost as smaller, less robust teams domestically. According to Raj Ponnuraj, Founder and CEO […]
.NET is one of the most popular platforms for online application development. According to popular website Builtwith.com, ASP.NET + MVC.NET + AJAX.NET occupy almost 40% of the market. This means that the technology from Microsoft dominates the web application market. This is not necessarily surprising, since a variety of different tools and frameworks found in .NET-based […]
We are often asked how outsourcing can help a business’ bottom line. We took a few minutes to put together this quick video that explains how outsourcing can help your business achieve it’s fullest potential. After all, a picture is worth a thousand words. By letting us handle technology, you can focus on what you […]
The modern, networked world places an emphasis on application quality and speed. Yet, by focusing only on those two issues, security is often overlooked. In order to try to make troubleshooting security infractions more efficient, it helps to develop an automated system. This paper presents details pertaining to the registration and analysis of all computer […]
Who here misses their Blackberry? It’s okay… You can admit it. As much as we all love our iPhones… the huge app library, the readily streaming video, the music and the ability to easily sync with our car, there are just some features that business users miss. Readily customizable calendar alerts is one of them. […]
Our client, a leading custodial services and financial management company, was looking to update their processing around securities lending. We developed a system to store the information about all broker-dealers, agency-lenders, securities and stocks, loans, earnings and other financial information required in the course of operating a securities lending business. Challenge The Collateral/Securities Lending initiative […]
Financial management institutions seek to maximize profits and minimize risk. For institutional entities in banking and finance, a strong securities accounting system plays a critical role in ensuring that all parties to a transaction are properly informed, collateralized and protected from costly errors that decrease trade completion, increase risk of penalties and otherwise inhibit the […]