Archive for the ‘Cover Stories’ Category

It is our pleasure to announce this year’s five Insurance Innovator Awards. The five winning projects demonstrate that innovation continues at a strong pace in the financial industry as customers and clients are increasingly technically-savvy and consequently more demanding. Many benefits that we once were grateful for – access to information, speed, ... Full story

On the following pages are the stories of 11 innovations in financial IT. The solutions described on these pages range from implementing new data standards for increasing the transparency of financial data, to automating business processes, to developing components that speed the development of new insurance products, and much more. Each of these 11 winning ... Full story

For property and casualty (P&C) insurers success is intimately tied to their ability to satisfy their customers’ needs by enhancing their product ranges on an ongoing basis. So when Safeco Corporation – which was acquired by Liberty Mutual last September – wanted to improve its product development capabilities it turned to Accenture, becoming the charter client for its newly created Insurance Configuration Components (ICC) software ... Full story

How technology, data, and analytics have protected credit cards from a financial storm. At the beginning of the year, articles and news reports were already warning about an impending credit card crunch, with the suggestion that the credit card industry would fall to a fate similar to the mortgage industry. It didn't happen. That doesn't mean ... Full story

Fidelity Investments is the number one provider of workplace retirement savings plans in the United States with administered assets of nearly $840 billion held by more than 14 million participants in over ... Full story

Fidelity’s transformation of its document creation process, described on the previous pages, exemplifies ingenuity in the face of challenges resulting from shifting market conditions. Fidelity’s approach, of confronting hurdles by embracing and implementing advanced technologies, makes it stand out among its peers as a technology innovator. On the following pages are seven more ... Full story

Kumar Vadaparty and his development teams get high marks from the industry While Merrill Lynch’s win in this year’s Windows in Financial Services Developer Awards for its Application Lifecycle Management (ALM) Framework is a striking achievement, even more notable is that it is the second year in a row the firm has triumphed in the awards. So what is behind their success? ... Full story

When developers achieve the distinction of excellence, it is because they have been able to make the intangible tangible to the business. They have been able to illumine just that right bit of technology’s cutting edge so that it makes perfect sense to the organization’s core. Then they have made it happen. Every ... Full story

Typically, the IT department is the main protagonist driving the take-up of technology within an organization. Not so with MAAKL MUTUAL Berhad, winner ... Full story

The mortgage technology industry assesses the opportunities the current mortgage crisis presents for re-shaping and rebuilding the industry. There may be many culprits toward whom the finger of blame could be pointed for the mortgage crisis that has been grabbing headlines for months on end. Some blame regulators and investors who may have exhibited ... Full story