Posted on February 25th, 2009 by Tom Groenfeldt
In the Wall Street Journal, Thomas Frank says the reporting from Washington gets so caught up in political concerns it misses the real story about the economy and what the stimulus will do.
“We are watching industries crumble, Wall Street firms disappear, unemployment spike, and unprecedented government intervention. And our designated opinion leaders want to know: Is [...]
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Posted on February 25th, 2009 by Tom Groenfeldt
Steve Brill, who founded the Uptime Institute, was one of the first people to identify the power and cooling issues facing large data centers, and he quickly gathered a lot of big names to support his Santa Fe, NM-based organization.
This year he is bringing the institute’s annual symposium to New York, home of several big [...]
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Posted on February 13th, 2009 by Tom Groenfeldt
Sophis, a provider of portfolio and risk management solutions, says a survey of risk professionals shows that they expect at least 50% of their CDS trades will move from OCT to exchange-cleared platforms and 73% said that that next generation clearing houses for CDSs are absolutely necessary to improve credit trading
“The finance industry is clearly [...]
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Posted on February 12th, 2009 by Tom Groenfeldt
This free one day seminar is designed to provide participants with a comprehensive understanding of the issues, strategies and technologies that are associated with cooling today’s high density datacentres. This seminar will also deliver an analysis of the measurement tools available to effectively evaluate datacentre energy efficiency and how to interpret and use this information. [...]
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Posted on February 10th, 2009 by Tom Groenfeldt
Governments in the UK and US have substantial stakes in leading banks. They shouldn’t be deterred by inadequate contractual language in their emergency rescues and infusion of funds during a crisis – they should set some new rules where necessary to protect taxpayers, not incumbent bankers who caused this disaster.
The most obvious is to demand [...]
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Posted on February 5th, 2009 by fabien buliard
The vendor community’s marketing and external communication efforts generally tend to be directed at the corporate world: the financial institutions that make up their client base, and, in the case of listed companies, investors and analysts.
But for some technology providers, such as smart card and terminal vendors, while the initial customer usually is a financial [...]
Filed under: Credit Crunch, Retail Banking, Suppliers, Technology | Comments Off
Posted on February 5th, 2009 by fabien buliard
In the same way that micro-credit – the extension of very small loans to low income individuals or businesses – started in developing countries before gaining traction in Western societies with people excluded from regular banking offerings, could poor countries also be showing the way in terms of mobile payment adoption?
Mobile phone operator Orange announced [...]
Filed under: Payments, Retail Banking, Technology | Comments Off
Posted on February 5th, 2009 by Tom Groenfeldt
OK, the tech visionaries who want to talk about innovation in banking probably don’t have a social life anyway, so here’s an event for them -
BarCampBank, which promotes itself as the Unconference group is holding a full day confernce on Saturday 14 February at Sun’s offices in London.
“If you are an innovator, a disruptor or [...]
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Posted on February 5th, 2009 by fabien buliard
In the continuously negative news flow that has surrounded the banking industry in the last few months, technology hasn’t really been the main focus of attention. However, there is little doubt that IT spending in European banks will suffer in the coming months, as confirmed by a recent report by research firm Celent.
It predicts that [...]
Filed under: Credit Crunch, Retail Banking, Suppliers, Technology | Comments Off
Posted on February 2nd, 2009 by Tom Groenfeldt
London’s conservative Mayor Boris Johnson on PM Gordon Brown:
“A sherry-crazed dowager who has lost the family silver at roulette.”
Not bad.
Brown seems to be an excellent target.
“The House has noticed the Prime Minister’s remarkable transformation in the last few weeks from Stalin to Mr Bean.” That from Vincent Cable, acting leader of the Liberal Democrats.
And going [...]
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