SRI InfotechMost OTC derivatives applications used by financial institutions around the world share the same characteristics. Third party data collection, trade position calculation and audit trails are common features. Yet, they lack transparency and real time information. Obtaining reports and data frequently require the participation of technologists, reducing efficiency and transparency, and increasing costs. While these systems […]
Companies in the highly competitive manufacturing sector need to find points of operational advantage in all business endeavors, including on the shop floor. Computer-aided Manufacturing (CAM) – the use of computerized systems to control machining operations – is a frequently implemented improvement. By utilizing software applications that define batched, predefined manufacturing configurations, companies are able […]
Like all industries, the manufacturing sector is in the midst of a technological revolution. From the cloud to automation to big data, recent advancements in information technology are helping manufacturing companies improve their plant productivity, their customer relations and their bottom line. Yet, technology encompasses a lot of ground. Some up and coming trends […]
One of the primary business drivers for enterprises migrating to the web is cost savings. Generally speaking, cloud migrations have the potential to reduce allocations related to staffing, security and infrastructure. However, that doesn’t mean that migrations are cost free. Regardless of the move towards the cloud, there are real costs that need to be […]
The cloud is becoming an increasingly popular way for companies across all industries to reduce costs related to their IT infrastructure. By embracing the cloud, companies are able to reduce technology infrastructure costs, innovate more rapidly and engage in more responsive client relationships. However, operating in the cloud requires a different approach to monitoring and […]
In order to protect consumer and institutional assets, the financial services industry is heavily regulated across state, federal and international agencies. Significant requirements exist when it comes to protection of financial data. Therefore, while identity & access management is of critical importance across all industries, this is particularly true in the financial services arena. Identity […]
These days, many businesses are investigating the cloud. However, until recently banking, financial services and insurance companies weren’t among them. In the past, banks, asset management firms and other players in the BFSI ecosystem were reluctant to consider cloud environments, citing privacy concerns, security fears, regulatory requirements and the complexity of integrating internal and third […]
Although not presently in widespread use, blockchain has great potential to transform transaction processing across the economy – particularly for participants in the banking, financial services and retail sector. The largest and most famous blockchain in use today is Bitcoin. But for many businesses a private or a public / private hybrid using blockchain promises […]
Over the past few years, WebRTC – or web real time communications – has started to gain traction in both business and technology environments. For the first time, companies can enable in-browser or in-application communications – from chat to voice to video to document exchange, directly in the browser, without the need for additional downloads, […]
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 […]