IT Investment in the Crunch

Financial firm is expected to increase its IT investment during the contraction in the credit market, which is a contrarian strategy. ...

... "The impact of the credit crunch on HSBC's accounts is unlikely to have a knock-on effect in the group's IT strategy ... " ...

Via UK Computing: HSBC

CIO Perspective on Business Strategy

Financial industry CIO makes pitch for getting intimate with their customers and making the right investments by IT. He offers an interesting observation, that many CIOs are in a position to look across lines of business for areas of synergy or leverage in order to better enable their businesses strategies. ...

... "I'm able to bring a unique perspective by working with many businesses across the company. Our perspective can be invaluable in helping our business leaders develop their long-term strategies. " ...

Via Info Week: Priority for Customer Intimacy

Interpreting Business Results

Tom provides interpretation of Bank of America CEO summary of quarterly results. ... Priceless. ... Read on. ...

... "We made total asses of ourselves, allowing ourselves to be conned by a bunch of out-of-touch Nobel-winning economists with their portfolio-risk smoothing models ... " ...

Via Tom Peters: Vile Bile

There are no IT projects

A business alignment success story, where there are only business projects enabled by technology. The CIO is ranked in the Computerworld Top 100. ...

... "Furthering the IT-as-strategic-partner culture at GMRC is the company's refusal to use the term IT project. " ...

Via TechWeb: Grinnell Mutual CIO Dennis Mehmen

Green IT Strategy Increasing

Financial firm sees IT's contribution to sustainability. ...

... "The bank is launching trials of new technology, benchmarking data centre energy consumption and reviewing the environmental credentials of its suppliers. " ...

Via VNUnet: Green Approach to Information Technology

Watch Your Breaches: Protect Laptops

Financial firms have some viable options for securing laptops from data breach / identity theft. ...

... "Maybe the data isn't worth the price of securing the computer, but for most financial services companies there are no excuses. The options for securing laptops are expanding and in many cases getting more practical for broader use. " ...

Via Wall Street & Technology: Laptop Threat

Financial Services IT Software Projects: Seeking an Edge

Financial firms are looking for methods to accelerate the delivery of their software projects. ...

... "Why so much interest? IT project management is an area many companies are weak in, says Forrester's Cullen. It's the No. 1 gap for all firms. " ...

Via Wall Street & Technology: Accelerate Software Delivery