E2 Forum - Financial Services
Join this Forum for industry-specific community comment and discussion, email newsletter updates, complimentary research reports, and "Financial Services Only" receptions
Be a part of the community. Express your opinion. Not registered? Click here and let's get started!
  
Financial Services Discussions
Join the Exchange | Latest Discussions | Most Popular User-Generated Discussions | eChat
David Wagner
Can't wait to hear how they pulled that off. Also, I can't wait to see how they make 75,000 New Yorkers agree on anything.
David Wagner
Hrm...I have to wonder one thing. When I see someone who used to try to sell something decide to give it away, I assume it is because they're having trouble selling it. And the next thing I wonder is how will they make money instead.

Am I overly suspicious?
David Wagner   Bloomberg Data Interface Goes Open-Source   2/17/2012 6:06:26 PM
David Wagner
A Fed Bureau Goes Agile
David Wagner   2/15/2012 1:08:53 AM
Hadoop
Curt, you're right about Hadoop being made for something like this, but considering it just hit 1.0 status and is very clearly a work in progress i wonder how it matches up to government rules about using newer technology. Are there any hurdles to it being used in the federal government you're aware of?
David Wagner
Thanks, Pablo. This seems like a way to at least filter out some of the least sophisticated attacks. I would love to be able to trust email from my bank again. What does th eman in the middle technique rely on? Malware on the victim's computer?
CurtisFranklin
In many ways the Visa and Mastercard difference echoes the basic choices companies have had when dealing with social media: Do they tightly control everything, spelling out all the details of what will happen, or do they cede a degree of control in favor of the greater speed and creativity that can come from active partnerships?

It's easy to say that what works in social media might not be best for a financial services company, but I don't know that we've had enough test cases to know for sure. In that way, whichever succeeds most vigorously will be a gift for the rest of the industry.

I rather hope that the MasterCard way works best, but that's just my latent romanticism talking...
Sara Peters
Dave there's something about the phrase "while banks figure out what they could have figured out three years ago, had they listened." that makes me want to take to the streets and march back down to Wall Street.

CurtisFranklin
Thanks for pointing out the whitepapers, David: One of the challenges here is that E2 has so much information it's easy to overlook something valuable.

I've read several of the whitepapers on our site, but I now have a whole new set of things to put on my tablet for reading on the road!
sohaibmasood
But for one reason or another, the technology seems to have been stuck in the past decade or two.

Amongst the numerous other reasons I think that software for ATMs seem to have stuck in the past because ATM's donot generate revenue for the banks. They are there to facilitate the clients and as long they distribute money while keeping a track of it the banks are happy. 

 
Anand
It was also very interesting to see Herranz quoted as saying that security wasn't a significant issue.

@Curtis, I am really surprised to know that security wasn't the priority. I was of the opinion that banks and health sectors are hesitating to adopt cloud because of the security related aspects. May be this move by BBVA will inspire other banks to consider moving to cloud.
David Wagner
Ivan- Thanks for sharing this idea. I think it is really interesting. I like the idea of public bench marking, especially when it comes to risk. But I'm a little less clea ron the process of evaluating the risk. Considering the rather ridicululous way that the US lost its AAA rating and the refusal to back down from a $2 trillion mistake, I'm rather dubious of 3rd party people assessing risk at this point.

Also, how long do you continuing evaluating the risk of previous benchmarking portfolios? Many of the risky behaviors banks engaged in were more visible over long periods of time than short ones. Would certain methods be giving high rankings only to be seen later as risky?

I am happy with an idea towards transperancy though.
Message Scroll
E2 Financial Services Radio
Latest Archived Broadcast
Network security is a critical necessity for financial services organizations. Join us for insight from a leading professional.
e2 Financial Services Video
Poll
E2 Linked-in Group Ad
Dell Information Resources
SPONSORED BY DELL
Site Moderators Wanted
Enterprise Efficiency is looking for engaged readers to moderate the message boards on this site. Engage in high-IQ conversations with IT industry leaders; earn kudos and perks. Interested? E-mail:
moderators@enterpriseefficiency.com
Twitter Feed
Enterprise Efficiency Twitter Feed
Dell IT Insights
Dell Market Response Twitter Feed
Like Us on Facebook
On the Case
A Video Case Study - Dell World

Enabling People and Organizations to Harness the Transformative Power of Technology
David Wagner
NFC & Smartphones
8|5|11   |   3:32   |   No comments

Near Field Communication purchases with smartphones are still a work in progress.
Sara Peters
E2 Has a New Look!
7|20|11   |   2:53   |   6 comments

E2's gotten a makeover. Take a tour through some of our new features.
Sara Peters
Micropayments: Small Sales, Big Costs
4|6|11   |   3:50   |   6 comments

Micropayment processing platforms are not quite easy enough for buyers and too expensive for sellers.
Ivan Schneider
Ratings Agencies Pushed to Publish Research
11|10|10   |   1:50   |   4 comments

Among several European Commission proposals is a suggestion to require ratings agencies to publish full research reports for free to investors. What role will the Web play?
Ivan Schneider
LSE Points to Human Error for Outage
11|9|10   |   2:21   |   1 comment

The London Stock Exchange has blamed a recent two-hour outage on human error under "suspicious circumstances." Weird.
Ivan Schneider
Innovation in Banking Requires Resilience
10|28|10   |   2:08   |   3 comments

Innovation isn't easy, especially when you have to launch with full resilience.
On the Case
Putting Dell World Lessons to Work
11|30|11   |   3:15   |   1 comment

The Dell World conference changed how CIOs and original equipment manufacturers will approach their work, and it changed how people perceive Dell.
On the Case
Out of the Box Talk: Jon Ramsey: Proactive Security in a Virtual World
11|11|11   |   8:10   |   1 comment

Learn how to prevent threats and vulnerabilities facing IT organizations in this illustrated whiteboard discussion with Jon Ramsey, executive director for development engineering for Dell SecureWorks.
On the Case
Out of the Box Talk: JP Sarkis: IT Transformation
11|11|11   |   5:58   |   No comments

JP Sarkis, Dell Packaged Applications, talks about the steps an organization must take to complete its IT transformation in this Out of the Box whiteboard discussion.
On the Case
Out of the Box Talk: John Dietrich: Saving Money Is Too Expensive
11|11|11   |   10:30   |   No comments

Watch as John Dietrich, Dell Corporate Thought Leadership, shows us why saving money is too expensive in the "yes, now" IT environment. An illustrated whiteboard presentation supports this Out of the Box discussion.
On the Case
Out of the Box Talk: August Calhoun & Jamie Coffin: Innovation in Healthcare
11|11|11   |   7:31   |   No comments

Jamie Coffin and August Calhoun, Dell Healthcare and Life Sciences, share their vision on innovation within healthcare using an illustrated whiteboard in this Out of the Box discussion.
On the Case
Out of the Box Talk: Michael Dell & Marc Benioff at Dell World, Part 4
11|11|11   |   3:03   |   1 comment

What are the biggest problems Michael Dell and Marc Benioff CEO want to solve? Hear what they shared with Dell Services CMO Colette LaForce onstage at Dell World.
On the Case
Out of the Box Talk: Michael Dell & Marc Benioff at Dell World, Part 3
11|11|11   |   3:15   |   No comments

Michael Dell and Marc Benioff CEO in a humorous lightning-round Q&A with Dell Services CMO Colette LaForce onstage at Dell World.
On the Case
Out of the Box Talk: Michael Dell & Marc Benioff at Dell World, Part 2
11|11|11   |   5:34   |   No comments

Michael Dell and Marc Benioff CEO reflect on their childhoods -- on everything from Atari to programming to taking apart PCs -- and how their adventures shaped their personal career aspirations.
On the Case
Out of the Box Talk: Michael Dell & Marc Benioff at Dell World, Part 1
11|11|11   |   4:07   |   No comments

Michael Dell and Marc Benioff CEO share an entertaining exchange on the genesis of cloud computing in an exclusive Dell Services Out of the Box presentation.
On the Case
Out of the Box Talk: Steve Schuckenbrock: Cloud & the Future of IT Services
11|11|11   |   11:14   |   No comments

Steve Schuckenbrock, President of Dell Services, chats with Dell Services Vice President and CMO Colette LaForce about the "yes, now" mindset of IT users today and the ways cloud is enabling business transformation.
On the Case
Out of the Box Talk: Rick Mears: Innovation at Owens & Minor
11|11|11   |   7:49   |   No comments

See how Rick Mears, CIO of Owens & Minor, is taking an innovative approach to streamlining medical and surgical supply distribution in this illustrated whiteboard discussion.
On the Case
Dell World in Six Minutes
10|31|11   |   6:42   |   No comments

A rapid-fire tour of Dell World from top to bottom, beginning to end, attendees to Michael Dell himself, all in six minutes and 42 seconds.
On the Case
Dell World: Managing the Enterprise Cloud
10|24|11   |   10:34   |   No comments

Johnny Ola and Roy Ritthaler of BMC Software meet executive editor Curtis Franklin at Dell World to talk about the latest technology for building and managing an enterprise cloud.
On the Case
Dell World: VMware Moving to Cloud & Client
10|20|11   |   6:07   |   No comments

VMware is expanding its horizons beyond the datacenter, making a stand in both cloud services and client virtualization.
On the Case
Dell World Connects AMD With the Right Customers
10|20|11   |   1:41   |   No comments

Dell partner company AMD made the right connections in Austin.
On the Case
Dell World: Healthcare Supplier Uses Dell Strategic Services
10|19|11   |   4:08   |   No comments

The CIO of Owens & Minor says he’s using Dell’s new business strategy services to better serve medical centers and improve the healthcare supply chain.
On the Case
Dell World: Benioff on the Future of the ‘Social Enterprise’
10|19|11   |   9:17   |   No comments

The Chairman and CEO of Salesforce.com comments on how Salesforce.com’s platform-as-a-service helps companies transform into social enterprises, why multi-tenant cloud security is no worse than single-tenant security, and how social tools impact corporate culture and public opinion.
On the Case
Dell World: How Citrix Brings Virtual Desktops to Mobile Devices
10|18|11   |   5:04   |   No comments

Citrix’s new solutions enable greater mobility and let users connect to their desktops from their smartphones.
On the Case
Dell World: Food Truck Montage
10|18|11   |   1:00   |   2 comments

Cupcakes, pizza, barbecue, burritos... there was no reason to leave Dell World hungry.
On the Case
Dell World: A Tour of a Datacenter in a Box
10|18|11   |   1:40   |   No comments

In lieu of a sprawling sea of servers, consider this air-cooled, self-contained unit that can sit on your roof, use less energy, and provide plenty of places to plug in your hair-dryer.
On the Case
Dell World: Dell & Benioff Share Origin Stories & Cloud Visions
10|18|11   |   11:25   |   No comments

The CEOs of Dell and Salesforce.com trade stories of their humble beginnings in Radio Shack and discuss how the cloud will continue to drive IT innovation.
On the Case
Dell World: OEM Changes & Challenges
10|17|11   |     |   No comments

Josh Neland, Technology Strategist for Dell OEM Solutions, describes the expanding definition of “OEM” and OEMs’ increasing demands for a sophisticated technological backbone.
On the Case
Dell World: Q&A With Dell Social Networking Expert
10|17|11   |   4:26   |   No comments

Rishi Dave explains the crucial roles social networking can play in enterprises, and tells us how Dell gave all employees – even engineers – the permission and the ability to talk directly to customers.
On the Case
Dell World: Q&A With Michael Dell
10|14|11   |   3:06   |   No comments

Michael Dell recommits to an end-to-end enterprise IT strategy, underscoring the critical role of client devices.
On the Case
Dell World: Steve Ballmer Keynote
10|14|11   |   1:59   |   1 comment

Working in partnership, Microsoft and Dell are delivering agile, powerful interfaces and capabilities to enterprise customers of all sizes.
On the Case
Dell World: Vivek Kundra Keynote
10|13|11   |   3:25   |   No comments

Security has grown in complexity and has become the equivalent of a global arms race, according to Vivke Kundra, CIO of the United States.
On the Case
Dell World: Michael Dell Keynote
10|13|11   |   3:33   |   No comments

Dell is adding to its servers and storage capabilities to give enterprise customers maximum flexibility and performance.
On the Case
Dell World: Scenes From Austin City Limits
10|13|11   |   0:49   |   No comments

Attendees at Dell World get their ACL on.
On the Case
Enterprise Efficiency Arrives at Dell World
10|12|11   |   0:54   |   1 comment

E2 editors share what’s in store this week at Dell World. Be sure to stick with us for the latest Dell World updates!
On the Case
See VMWare & Dell Team Up to Make Your Job Easier
10|10|11   |   3:06   |   No comments

At DellWorld check out vStart and other Dell-VMWare partnerships that can simplify virtualization rollouts, cloud migration, infrastructure integration, and customer support.
On the Case
AMD Wants to Meet You at Dell World
9|30|11   |   3:22   |   No comments

Not only will AMD exec John Byrne happily listen to your business challenges, he'll also tell you where to find a "phenomenal martini" in Austin.
On the Case
Swap Success Stories (or Sob Stories) at Dell World
9|7|11   |   1:20   |   2 comments

Idea Exchange sessions give you the opportunity to swap stories with peers and thought-leaders (brain-swapping and mind-reading not required).
On the Case
Unlock Innovation at Dell World
9|1|11   |   1:32   |   No comments

Coming to Austin in October, Dell's new conference will hand CIOs the keys to IT innovation and business growth.
On the Case
The Fathers of Austin
9|1|11   |   2:22   |   No comments

The home of Dell World 2011 will be Austin, Texas – a great city named after a peculiar assortment of great men.
On the Case
Embrace IT Innovation at Dell World
8|23|11   |   05:11   |   No comments

IT innovation is key to the success of modern business, but embracing new technologies can be an intimidating prospect. Hear the wisdom of some Dell executives who know a thing or two about innovation, and build up the confidence to take the first few steps.