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Commentary
Content posted in June 2014
Former FBI Agent Talks Cyber Security With Deloitte
Commentary  |  6/27/2014  | 
Vigilance can take security only so far. It's time to focus on resilience.
The Dreaded IT Budget Cut: Myth, Reality, Transparency
Commentary  |  6/27/2014  | 
On the surface, a 10% cut on a $2 billion IT budget seems easily attainable. In reality, it isn�t.
Reducing Risk by Automating Cash Management & Securities Pricing
Commentary  |  6/27/2014  | 
Janus Capital Group automated 98% of its core business processes for efficiency and improved accountability.
Automating the Institutional Investing RFP
Commentary  |  6/26/2014  | 
The slow and mostly manual RFP process in the institutional space adds costs and is inefficient. There has to be a better way.
Cybersecurity Lessons from Former FBI Director
Commentary  |  6/25/2014  | 
Robert Mueller describes how security initiatives within the Bureau are applicable to financial services.
Is Compliance Preventing the Cloud From Reaching Its True Potential?
Commentary  |  6/25/2014  | 
86% of businesses admit issues around data protection, legislation, and regulation are responsible for their slow adoption of cloud computing.
The SEC & Cybersecurity: Expectations & Exam Prep for Investment Firms
Commentary  |  6/25/2014  | 
The current SEC questionnaire asks firms for details about their technology infrastructure, operational policies, and procedures as they relate to cybersecurity.
Bank Fraud: It�s Not Personal, Just Business
Commentary  |  6/24/2014  | 
Less publicized (but nonetheless costly) incidents of fraud, questions of liability, and mixed success in court complicate the allocation of security resources.
The Rise of the Retail Trader – a New Era
Commentary  |  6/23/2014  | 
Retail traders are coming back, but their sights are set on more transparent and low risk instruments, which is adding momentum and service demands to previously quiet markets.
What Really Matters When Transparency & Stability Matter in Markets
Commentary  |  6/23/2014  | 
The high-frequency trading debate carries on, but are the right questions being asked? Scrutiny of incentives and defining 'fair' competition should merit more attention.
Pressures on Bank IT in the Age of Cloud
Commentary  |  6/23/2014  | 
IT operations face pressures from both business and development teams to provide new and innovative services. Focus is now on keeping ahead of the wave of startups that harness the cloud's rapid business capabilities.
Internalizing Continuous Control Monitoring at Financial Institutions
Commentary  |  6/22/2014  | 
The latest wave of regulation is casting a spotlight on the level of control and monitoring that institutions apply to their internal processes.
This Is Why Data Is the Next Frontier in Competitive Advantage
Commentary  |  6/19/2014  | 
In this era of regulation, there is an evolution in data management that can revolutionize the way a financial firm sees its data.
Consider Yourself Served: The Rules Haven�t Changed, But Technology Has
Commentary  |  6/19/2014  | 
Eight to 10 individual employee lawsuits have been dismissed for failure to preserve Facebook and other social media, text messages, email, and other records connected to the case.
Why Secure the ERP Jewels in Paper Vaults?
Commentary  |  6/19/2014  | 
Enterprise resource planning systems are among the most critical for any organization. That makes them very attractive and rewarding targets for attack. Are generic security measures appropriate?
Anti-Malware Doesn�t Cut It in the Mobile Era
Commentary  |  6/19/2014  | 
As operating system architectures shift from open file systems to application sandboxes, traditional anti-virus becomes less relevant. Enterprise mobility management provides both proactive countermeasures and reactive mitigation.
Data Quality: The Misguided Quest for the Truth
Commentary  |  6/18/2014  | 
There are a number of reasons for the high failure rate in data warehouse projects, but I believe that one of the primary culprits is the misguided quest for the truth.
Getting Closer to the Metal in Financial Technology
Commentary  |  6/17/2014  | 
FinTech entrepreneurs are forgoing pre-built frameworks and building Web-based technology uniquely suited to financial applications.
3 Ways to Turn Your Website From a Chore to a Valuable Asset
Commentary  |  6/17/2014  | 
Financial firms don't often think to apply big-data marketing to their own websites, but readily available engagement and tracking tools can help home pages become more than a business brochure.
Public vs. Private Cloud: Dollars & Sense
Commentary  |  6/17/2014  | 
The move to the public cloud in financial services has been slow, but economics shows it is about to speed up.
The Dawn of High-Frequency Compliance: Will You Win the White-Hat Arms Race?
Commentary  |  6/17/2014  | 
Don't look now: The SEC is actively increasing IT spend and quant recruitment to enhance forensics in financial management systems. The implications for the financial services industry are enormous.
Navigating Cloud Security: 3 Questions to Ask
Commentary  |  6/16/2014  | 
Are you considering a cloud solution but not convinced? Be sure to ask providers about their investments in regulations and security.
Is Analytics a Must Have? Wall Street IT Executives Don�t Seem to Think So
Commentary  |  6/16/2014  | 
Operations spearheaded analytics in IT because the need for it was evident on the surface. But on the software development side, the software risk is behind the scenes until a glitch brings it to the CIO's attention.
LEI, Bit by Bit� & the Missing Bits
Commentary  |  6/16/2014  | 
Here's everything you need to know about LEIs, what they are, how they work, and what's around the corner.
Persistent Automation for Fund Management
Commentary  |  6/12/2014  | 
In this age of data management, operational models must be able to house, curate, and level-off information sets as they happen.
Mobile Security: Pinches Speak Louder Than Passwords
Commentary  |  6/12/2014  | 
Risk and security professionals hold the analgesic for the pains the C-Suite is feeling when it comes to mobile security.
The Virtual Datacenter Model Explained
Commentary  |  6/12/2014  | 
There are many tools and technologies that make a virtual datacenter run. Here are a few of the major layers firms will have in their virtual set up.
Ask the Right Questions to Improve Trading Analytics
Commentary  |  6/11/2014  | 
Identifying the real reasons that drive your trading strategy is vital to determining the best way to apply data analytics to your processes.
Data Analytics to Drive Financial Services Market to New Heights
Commentary  |  6/11/2014  | 
New data analytics tools are changing the way firms deliver information to users, and it is clear that older data delivery models aren�t making the cut.
Financial Firms Must Assess App Store Risks
Commentary  |  6/10/2014  | 
With mobile malware rampant, it is surprising only 18% of financial firms monitor for malware or copycat apps on a daily basis.
SEC In The Dark As Dark Pools Shine
Commentary  |  6/9/2014  | 
The popularity of internalization is reducing liquidity, increasing costs, and harming investors.
5 Enterprise Mobile Security Tips for Financial Firms
Commentary  |  6/9/2014  | 
With all financial firms rolling out mobile apps for customers and internal employees, here are five security requirements every firms must follow.
MicroApps: Unbundle Your Product Platform
Commentary  |  6/9/2014  | 
Unbundling traditional financial services functionality into Web-based APIs allows companies to extend brand relationships to other platforms.
Cloud Computing Can End CRM Torture for RIAs
Commentary  |  6/6/2014  | 
RIAs have been struggling with CRM systems for decades. Is the best solution a cloud-based one?
The Bad Hiring Decision Is Worse Than None At All
Commentary  |  6/6/2014  | 
Managers need to make sure they make good hiring decisions, or they risk long-term damage to their entire group.
Don�t Gamble With Your Financial Close
Commentary  |  6/6/2014  | 
With the repetitive nature of creating financial statements, you might think the process would be supported by large-scale automation. Unfortunately, that isn't always the case.
The Latency Arms Race Is Dead, Long Live Latency Analytics
Commentary  |  6/5/2014  | 
The analysis of latency is now more important than latency itself.
The FX Debacle: Another Failure in Compliance Controls
Commentary  |  6/5/2014  | 
The manipulations in the FX markets show that self regulation will only go so far and that dealers will have to vastly improve existing compliance technology.
Reframing the HFT Debate
Commentary  |  6/4/2014  | 
The debate surrounding HFT should focus on whether the practice unnecessarily adds complexity to the markets.
Assessing the Security Disconnect: Knowledge + Investment = Power
Commentary  |  6/4/2014  | 
Despite the rise in cyber attacks and risks to corporate networks, identifying cost-effective solutions continues to prove difficult for security professionals.
Data Management Projects Require Business Influence & Perspective
Commentary  |  6/3/2014  | 
Data management initiatives can no longer simply be multi-year IT projects with no end in sight.
Building a Successful Data Governance Framework
Commentary  |  6/3/2014  | 
Business leaders and technologists must work together to build a data governance framework that is flexible, well managed, and built for long-term success.
Innovation Is Hard
Commentary  |  6/2/2014  | 
Although everyone talks about innovation, actually doing it requires commitment, funding, and a long-term outlook.


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