CPM: Bringing Value to IT

Rodrigues, Mark
January 2005
Bank Technology News;Jan2005, Vol. 18 Issue 1, p6
Trade Publication
The article highlights that financial services firms are voracious users of technology, with an annual spend of about $500 billion. Though, they often work with cutting edge technologies, the ways that financial services institutions manage and measure technology has not changed in thirty years. This will enable an assessment of the value that technology brings to the business and enable make more informed decisions. For the amount of money the financial services industry spends on technology year in and year out, it is incredible that they cannot put a value it.


Related Articles

  • True Activity-Based Management for Banks. McDonald, Robert B. // Journal of Performance Management;Nov2004, Vol. 17 Issue 3, p41 

    Enumerates the elements of Business Performance Management, the management information umbrella governing the integrated measures of overall bank performance. Analysis of operating results; Acknowledgment of performance improvements; Revenue accounting; Risk accounting.

  • Why is Corporate Performance Management Important for Financial Institutions?  // Bank Technology News;Jan2005, Vol. 18 Issue 1, p3 

    The article focuses on the importance of corporate performance management (CPM) for financial institutions. The financial services industry struggles with data silos, inaccessible legacy systems, and incompatible data formats. CPM allows organizations to achieve data mastery and with data...

  • Top Down Vs. Bottom Up. Nolan, Gregory J. // Journal of Performance Management;Nov2004, Vol. 17 Issue 3, p3 

    Focuses on the implementation of a major improvement to management reporting by financial services companies. Discussion of the methodologies used in top down accounting and the issues and bad decisions that arise from its use; Need for management accounting to align with how managers run their...

  • Skills council consults on compliance levels.  // Money Marketing;4/28/2005, p12 

    This article reports that the Financial Services Skills Council is consulting on compliance standards for staff working in compliance and money laundering prevention. It will be seeking views on its new draft industry performance standards for compliance and money-laundering prevention roles....

  • The uptake and application of work flow management systems in the UK financial services sector. Doherty, Neil F.; Perry, I. // Journal of Information Technology (Routledge, Ltd.);Jun1999, Vol. 14 Issue 2, p149 

    Work flow management systems (WFMSs) are an important new technology, which are likely to have a significant impact on the way in which clerical and administrative operations are organized and executed. This paper seeks to investigate how WFMSs are being exploited and used commercially by...

  • Meet the new outsourcing. Siemers, Richard // ABA Banking Journal;Jun95, Vol. 87 Issue 6, p52 

    Discusses outsourcing in the financial services industry in the United States. Trends in outsourcing; Outsourcing's impact on information technology; Implications of disaggregation outsourcing.

  • Knowledge Called Key To Fin'l Services Success. Howard, Lisa // National Underwriter / Property & Casualty Risk & Benefits Manag;07/19/99, Vol. 103 Issue 29, p4 

    Points out that information technology is a key to the success of the financial services industry. How information technology has affected the industry; Comments from Rolf Huppi, chairman and chief executive officer of Zurich Financial Services Group in Zurich, Switzerland.

  • Financial services focus on recovery.  // Hudson Valley Business Journal;2/11/2002, Vol. 12 Issue 23, p29 

    Reports that Financial Services organizations will focus on several items like disaster recovery and security solutions to ensure business continuity in North America. Estimation on information technology spending; Budget for insurance and financial services; Major losses of insurance industry.

  • Who's spending what on it and why. Sraeel, Holly // American Banker;11/3/1997, Vol. 162 Issue 212, Management strategies p3A 

    Opinion. Presents the author's view regarding information technology (IT) investment which have a profound impact in the financial services industry. Benefits of IT in the financial services industry; Report published by American Banker-Meridien Research Incorporated regarding spending on IT;...


Read the Article


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

Try another library?
Sign out of this library

Other Topics