20 articles in this selection

2009/09/21

Consultant, analyst and expert Claudia Imhoff says that the financial crucible of the past year has helped the business intelligence platforms become a more central set of corporate tools. In a podcast, the President and Founder of Intelligent Solutions tells The IT-Finance Connection that SaaS and open source techniques have flourished and that the focus is not on trial and error - it's on approaches that produce immediate results....

2009/07/31

The communications gap between IT and business units persists. Frank Schiewer, alfabet's CSO and a member of its board, tells The IT-Finance Connection that the challenge is creating a unified view of an organization that can be used both by strategic planners and those executing current programs. Business intelligence, he says, is a key tool in creating this agile and fluid common language....

2009/07/30

When the economy recovers, some companies will come back with a bang and others will arrive with a calm "hello." SAP seems content to go with the latter. The world's biggest maker of business software surprised the market on Wednesday when it showed just how well it had done to keep a lid on costs in the midst of the recession....

2009/07/30

2009/07/29

WALLDORF - July 29, 2009 - SAP AG (NYSE: SAP) today announced its preliminary financial results for the second quarter and six months ended June 30, 2009. SAP's revenues are down 10%, yet the company manages to increase operational result by 9% due to stringent cost cutting....

2009/07/24

For both your sinister viewing pleasure and as a warning of what can go wrong without proper controls, here's a chronological list of eight of the more infamous spreadsheet transgressions, compiled from EuSpRIG, media reports and public documents, which are linked to at end of each entry....

2009/07/24

Public reports of spreadsheet errors collated by the European Spreadsheet Risks Interest Group (EuSpRIG). The stories are added as discovered and so are not in chronological order. We try to list only verified stories with a quantified error or documented impact. At the bottom of the page are some miscellaneous news items. And of course we cannot list the unpublished reports!...

2009/07/24

A reformatting error in an Excel spreadsheet has cropped up in the largest bankruptcy case in U.S. history, prompting a legal motion by Barclays Capital Inc. to amend its deal to buy some of the assets of Lehman Brothers Holdings Inc.

2009/07/22

Big collection of Excel templates, mainly finance related.

2009/07/18

Application -- Business Intelligence: customer information warehouse. Business Benefits -- $22.8 million saved during pilot; estimated $268 million savings over next four years in retail banking; better targeted marketing; estimated 100 percent ROI in six months...

2009/07/18

The purpose of this paper is to outline the components of the Banking Data Warehouse (BDW) and how they assist financial institutions to address the data modeling and data consolidation issues relating to the Sarbanes-Oxley Act.

2009/07/18

Those who want to survive and thrive have to move fast to keep up with customer demands, changing regulations and the risks of everyday business. Business units and IT departments in the financial services sector are striving to meet these demands and balance them with increasing costs, tighter budgets and controlled risk, but success is possible for companies that can make sense of the vast quantities of data at their disposal. As an increasing number of financial institutions are finding out, business intelligence and data warehousing solutions are providing valuable insight into a host of hidden information treasures. But how can organizations ensure they’re getting bang for their BI buck? FST spoke to three industry insiders to find out....

2009/07/18

Banking business intelligence refers to all general functionalities business intelligence but is focused on the informational needs of banks and the finance community. With the increase of governmental regulations, information is the key component to compliance. Therefore, solutions are designed largely with a focus on the unique needs required by the financial industry, especially in relation to federally-mandated governance....

2009/07/16

A new MDM vendor named DataQualityFirst seized on the Madoff scandal to offer a real-world example of how complex data management can be for businesses today and how a software solution can help understand and better manage the mess.

2009/04/30

2009/04/07

Blame games aside, most people in the financial services industry are now focusing on how to make sure the current crisis doesn’t happen again.

2008/10/21

It is difficult if not impossible to attribute the many failures in the financial services industry around Six Sigma to the methodology itself. It has proven the world over that it can very effectively optimize an organization’s business processes and streamline its overall performance. However, it is equally difficult to ignore the many challenges the financial services industry has faced making it work for them. I’ve tried to categorize the many areas in which these firms needed to focus more in order to realize the positive performance and bottom-line gains typically associated with Six Sigma. The areas include resources, rigor and performance, management and value....

2008/10/07

BPM Without Busting the Budget Business process management requires BPM tools, right? Not always. In some cases, there are other process management tools that can do the job for less.

2008/02/08

2008/02/08

XBRL is a language for the electronic communication of business and financial data which is revolutionising business reporting around the world. It provides major benefits in the preparation, analysis and communication of business information. It offers