technology aCanary Wharf Group is opening a centre for start-ups to work on financial services nd services early next year. The space,known as Level39,will enable accelerator programmes,software engineers and builders of financial ...
Tags: London, finance technology
In 2008 London accounted for 33.8%of new UK IT jobs.Most other regions recorded a reducing share of new jobs. A large proportion of London-based IT jobs are in the financial services sector which was hit hardest by the economic slowdown ...
Tags: IT workforce, London
Nationwide has reached a major milestone in its five-year transformation project, with the roll-out of a mortgage application system to some 740 branches. In 2008, Nationwide embarked on a 1bn project to transform its technology after ...
Tags: transformation project, mortgage application system, IT, service
The industry that you expect to hit the IT headlines on a regular basis has not let us down in the last 12 months,despite continued tough market conditions. With customer demands changing,banks have to innovate around things like mobile ...
Tags: Financial Services, IT, bank, mobile banking, Barclays, RBS
IDG News Service - A partnership of New York City businesses has put out a call for innovative financial technologies. Sponsored by The Partnership for New York City Fund and Accenture, the FinTech Innovation Lab seeks novel technologies ...
Tags: financial technologies, FinTech Innovation Lab, financial services
A hacker today claimed to have broken into ITWallStreet.com, a website for IT professionals who are seeking Wall Street jobs or working with Wall Street firms, and exposed highly detailed data belonging to tens of thousands of job ...
Tags: hacker, ITWallStreet, IT professionals, data
IT staff are spending 30% of their time carrying out basic tasks and are growing frustrated with the lack of time left to focus on transformational work. The average IT worker is also only using half of the skills they possess as a result ...
Tags: IT staff, transformational work, straightforward task, IT industry
The UK's financial services sector needs urgent investment in its IT infrastructure in order to identify and mitigate systemic risks,according to a report by the trade association for the UK technology sector,Intellect. In its Biting the ...
Tags: Banks, IT infrastructure, financial system, RBS
Volkswagen and its Chinese joint-venture partner SAIC Motor have signed a contract to build a new EUR170m vehicle manufacturing plant in Urumqi, Western China. According to the company the new plant will be capable of producing 50,000 ...
Tags: Volkswagen, SAIC Motor, EUR170m vehicle, vehicles, gearboxes
According to Karvy Stock Broking, India's Gross Domestic Product growth for Q2 FY13 to drop to nearly 3 and a half year low of 5.1% which is mainly expected to be driven by sluggish growth in electricity generation and sharp drop in trade ...
Irish IT Consulting and Managed Services firm Version 1 has entered into a strategic partnership with TIA Technology, to offer services to Ireland's insurance and financial market. The partnership is expected to deliver complete ...
Tags: TIA Technology, Version 1, Ireland insurance, financial market
The private sector's failure to adapt to the demands of social media poses a threat to the bottom line and creates a risk of reputational damage, according to data released by KPMG. A survey of more than 1,000 business executives revealed ...
Tags: social media, KPMG, inadequate responses, customer satisfaction
RSA Group,a UK based commercial insurer,has appointed Martin Scicluna as its new chairman,effective from 01 January 2013. Scicluna,who holds considerable financial services experience,will succeed RSA's out going chairman,John Napier,who ...
Tags: RSA Group, New Chairman, commercial insurer
Coface has appointed Laurent Mignon as Chairman of the Board of Directors of the company following the end of Franois David's mandate. The new presidency change is a part of firm's continuity of the strategic orientations while the Board ...
Tags: Coface, New Chairman
Financial services is tipping over into an embrace of big data, according to a survey. More than half of the respondents to a big data in financial services survey, conducted among delegates registered for a conference in Canary Wharf next ...
Tags: Financial services, big data, risk and operational management