Technology Management in Financial Services

✍ Scribed by Ross McGill

• Year: 2008
• Tongue: English
• Leaves: 264
• Edition: First Edition
• Category: Library

✦ Synopsis

Technology is now, and will remain, at the forefront of innovation in the financial services sector, driving new products and services. It is seen as the only way for many firms to remain in business at all. Many will fail to innovate or invest enough. Already the separation of the larger financial institutions from the smaller firms is polarizing the community. The advent of new disruptive technologies is about to hit the financial services markets in the same way the internet did a few years ago. It is vital that those who develop and manage technology in the financial services sector have a clear picture of the role of technology in this fast moving environment. Those who do not embrace this new approach will increasingly be left with obsolete systems.

✦ Table of Contents

Cover......Page 1
Contents......Page 8
List of Tables......Page 10
List of Figures......Page 11
List of Case Studies......Page 12
List of Abbreviations......Page 13
Preface......Page 16
Acknowledgements......Page 18
About the Author......Page 19
Introduction......Page 22
PART I: THE ROLE OF TECHNOLOGY IN FINANCIAL SERVICES......Page 24
1 Morphology......Page 26
2 Environment......Page 34
3 Technology Management Issues......Page 42
4 Technology Strategy – Best Practice......Page 47
5 Front, Middle and Back Office Explained......Page 53
6 Communications, Standards and Messaging......Page 64
7 Open Source in Financial Services......Page 77
PART II: TECHNOLOGY ACQUISITION AND MANAGEMENT......Page 94
8 Build......Page 98
9 Buy......Page 112
10 Bureau......Page 117
11 Outsource......Page 121
PART III: DELIVERING VALUE FROM TECHNOLOGY......Page 128
12 Disruptive Innovation – Threat or Opportunity......Page 130
13 Documentation......Page 149
14 Testing and Quality Control......Page 174
15 Benchmarking Value......Page 203
PART IV: REGULATION AND COMPLIANCE......Page 216
16 The Role of Regulation and Global Regulatory Impact......Page 218
17 IT Governance in Financial Services......Page 222
18 Conclusion......Page 242
Appendix 1 Template Request for Proposal......Page 243
Appendix 2 Typical Business Continuity Policy Statement......Page 251
Further Reading......Page 255
B......Page 258
E......Page 259
I......Page 260
O......Page 261
S......Page 262
U......Page 263
Z......Page 264

✦ Subjects

Финансово-экономические дисциплины;Финансовый менеджмент;