Banking & Financial Services

The Top 10 “Must-Have” Features of an Enterprise App Store

Enterprise App stores serve a very important purpose: the ability to distribute internal applications to organizations’ employees and other stakeholders without having to upload the app onto a public app store. With the proliferation of mobile devices, BYOD policies, and the large scale adoption and usage of tablets such as iPad within the enterprise, the 

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Cloud Computing Adoption in the Banking and Financial Services Industry

Despite the slow adoption of cloud computing by the banking and financial services industry with security and reliability being the major concerns, financial institutions are quickly resorting to cloud-based services to achieve increased agility and lowered total cost of ownership (TCO). According to IDC, worldwide revenue from public IT cloud services exceeded $21.5 billion in 

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5 Mobile Apps that will be Widely Adopted by Financial Institutions in 2012

Financial services firms globally are investing strategically in enterprise mobile financial service solutions to deliver more mobile-based banking services and reduce the overall cost of operations. According to a recent survey by KPMG, mobile banking has already reached critical mass with 33% of US consumers conducting banking transactions over their mobile devices. This number is 

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Banking and Financial Services: 5 Key Technology Trends for 2012

The economy has disappointed in 2011, and 2012 looks similar. In the US, the housing crisis and high unemployment persist. The euro debt crisis threatens Europe with recession. Healthier regions like Asia are too small and too export-oriented to escape a downturn in the West. The best macro case appears to be halting progress on 

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Virtusa acquires ALaS: Delivering greater value to Banking and Financial Services clients

Last week, Virtusa announced the acquisition of ALaS Consulting.  ALaS provides comprehensive management consulting services to the banking, financial services and capital markets communities.  This acquisition continues Virtusa’s strategic pursuit of providing high quality consulting and implementation services that are second to none. The IT services community has many players.  Yet, few organizations are able 

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