Posts Tagged ‘Innovator Awards’

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

MetLife Boosts Processing Power, Speed and Efficiency High-performance computing is often aimed at achieving new levels of processing power and speed. At MetLife, a new centralized high-performance computing environment and workflow process has not only achieved those goals, but has also streamlined a complex legacy environment and delivered stronger controls over actuarial models. Using Microsoft HPC ... Full story

Raymond James Empowers Advisors with Business Intelligence Tools Raymond James created a new suite of business intelligence (BI) tools that can analyze vast stores of product, client, and market data in order to help advisors continue to make fast, accurate and cost-effective decisions. The company's BI platform is based on Microsoft SQL Server 2008 data management software ... Full story

Royal Bank of Scotland Introduces Customers to Experts on the Big Screen With 2200 branches, Royal Bank of Scotland (RBS) is continually exploring ways to efficiently share expert talent among its network of RBS and NatWest branches. In early 2008 the firm decided to test the idea of allowing branches to share experts electronically. The idea ... Full story

iPipeline's iGO Fills in the Blanks in Insurance Forms Applying for insurance often involves a lot of paperwork and therein lies the problem. According to iPipeline CEO Tim Wallace, industry-wide the proportion of applications that are not-in-good-order (NIGO) when first filled out is reportedly as high as 80 percent. Clearly, it's an area with room for ... Full story

Lab49 Adds Speed, Visuals and a Unified View to the Risk Picture Early in 2009, a major investment bank looking for a better way to chart and analyze ever-changing risk metrics turned to Lab49, a New York- and London-based solutions provider for the financial services industry. "Existing software lacked the ability to provide sophisticated visualizations, such as ... Full story

Eikos Partners Adds Configurability and Speed Eikos Partners has built a client zero install equity trading system with tick by tick position, P&L and sophisticated stock charting that allows users to annotate charts with news and even online chat sessions. The charts update in real-time, and the news and annotations made by users appear on the ... Full story

Commonwealth Bank of Australia Redefines the Customer Experience Commonwealth Bank of Australia embarked on a plan to give its customers the ultimate one-stop shop online banking experience. The result, The Finest Online, rolled out in February of this year, enables Commonwealth Bank of Australia's customers to log on to the bank's NetBank site with ... Full story

A total of four winners were selected for clearly implementing technologies that will redefine a new tomorrow in technology and demonstrate a clear-cut advantage they have in their particular sector of the marketplace. Criteria for judging and selecting were based on the end result enabling a concrete resolution to an impending issue, solving practical business problems. 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