The Oracle at Delphi

Oracle has bought its old compadre Sun.
On the principle that “My enemy’s enemy is my friend”, Sun and Oracle make a good pairing against the Microsoft/SAP axis. Larry Ellison’s comments about the front-to-back offering are reminiscent of IBM in the 1980s, only in reverse as a software firm moving into hardware.
When IBM approached Sun we [...]

When financial tech talks to consumers

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 [...]

Retail IT investment expected up in ’09, but only just…

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 [...]

Microsoft & Partners — So Happy Together?

Technology behemoth Microsoft’s approach to capital markets is strategically flawed and poorly executed, according to a sharply critical report from Aite Group. Microsoft responds that the report is error-prone – it talks about stock options which Microsoft dropped several years ago in favor of stock grants, and its estimate of Microsoft’s spending in capital markets [...]

Reuters to the Rescue?

When no active market exists, how do you value assets? Reuters is promoting a plan to develop industry consensus pricing for derivatives and complex securities – see my article in Securities Industry News 10 March.
Philippe Carrel, EVP and global head of business development at Reuters, calls the service, announced on 28 January, an open pricing-model [...]