The Road to Grid Computing: Are You On It Yet?

Boettcher, Robert
December 2004
Bank Technology News;Dec2004, Vol. 17 Issue 12, p44
Trade Publication
The article focuses on a new computing revolution that is dramatically changing how financial service institutions use their IT resources to drive competitive advantage. Ever increasing demands for application performance, growing computing needs and evolving regulations and budgetary pressures are imposing considerable business and technology challenges for financial services line-of-business executives. Many leading financial organizations are using commercial grid computing technology to accelerate application speed and create virtualized environments where risk management, credit analysis or homegrown applications can run as needed, faster and more efficiently than ever before.


Related Articles

  • Risk management is an investment priority for financial services.  // Fairfield County Business Journal;4/28/2003, Vol. 42 Issue 17, p5 

    Focuses on the plans of financial services providers to spend large amounts on information technology (IT) for risk management. Emphasis on addressing complex issues about risk management; Development of initiatives to deliver necessary support; Factors considered in IT budgeting.

  • Information technology adoption for service innovation practices and competitive advantage: the case of financial firms. Chen, J. S.; Tsou, H. T. // Information Research;Apr2007, Vol. 12 Issue 3, p20 

    Background. The importance of information technology to current business practices has long drawn the attention of practitioners and academicians. Aim. This paper aims to broaden understanding about service innovation as a critical organizational capability through which information technology...

  • Risk and Reward: why compliance should be a true risk management function -- Part 1.  // Credit Control;2007, Vol. 28 Issue 3, p21 

    The article analyzes how a different approach is coming to be expected of financial service companies both in the U.S. and Europe by regulators, highlighting a number of areas of risk management. Expectation on senior management is forcing compliance departments in managing their work in the way...

  • FACING THE CHALLENGE.  // Risk Management (00355593);Jul96, Vol. 43 Issue 7, p16 

    A strong client orientation, organizational flexibility, global reach and the use of technology to support strategic objectives: these are changing rapidly from competitive advantages to basic necessities in today's business climate, says Robert Lippincott III, chairman, president and CEO of AXA...

  • THE EFFECTS OF RISK MANAGEMENT EFFECTIVENESS ON ORGANIZATIONAL SUSTAINABILITY OF INFORMATION TECHNOLOGY BUSINESSES. Nuttavong Poonpool; Sumalee Limsuwan; Natarpha Satchawatee // Review of Business Research;2013, Vol. 13 Issue 1, p109 

    This article is about the effects of risk management effectiveness on organizational sustainability. The study examines the relationships among risk management effectiveness on corporate competitive advantage, where organizational commitment is taken as a moderator. The results indicate that...

  • The Growing URGENCY of IT Spending. Sisk, Michael // U.S. Banker;Jul2005, Vol. 115 Issue 7, p38 

    The article focuses on the increase need of spending on information technology (IT). IT spending by U.S. banks is expected to pick up in 2005, rising by four to six percent over last year. This push will provide significant outsourcing opportunities as virtually all banks, including community...

  • Could IT Have Saved Citigroup? Briody, Dan // CIO Insight;Mar2009, Issue 102, p15 

    The article reports on the issue if information technology (IT) could have saved Citigroup Inc., the financial-services supermarket that is already being sold off in parts, in Wall Street, New York City. According to Douglas McKibben, research vice president of banking at Gartner Industry...

  • 2008 a Watershed Year For Some Advisers. Garmhausen, Steve // Money Management Executive;6/8/2009, Vol. 17 Issue 23, p1 

    The article reports on various adjustments made by financial advisers for the improvement of their businesses after they found 2008 to be a crisis year for them in the U.S. In order to recover from 2008's market slump, several financial advisers resorted to activities like recommending different...

  • Time for a new lending model. Styles, Gary // Lending Strategy;Sep2008, p18 

    The author reflects on the need for a new lending approach in Great Britain. He claims that lenders should take a careful look at their lending and growth strategies for the medium term rather than concentrate on the safety of matching their peers in the short term. According to him, the way...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics