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Congress Acknowledges Outdated Banking Laws
Following a previous TEC News Analysis on the security of financial transactions, Congress and the White House have agreed to put into place new legislation for monitoring banking, including on-line banking. New banking laws that are more current than today's Depression Era banking laws need to be crafted to protect consumers, as well as the health of today's financial community. Today's financial institutions risk a host of internet attacks since today's hackers are more knowledgeable about information security than law makers.

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Banking Industry's Fair Value Accounting (FVA) Conundrum
Every company and almost every individual holds fixed assets. Over time, these assets change in value. For example, real estate tends to increase in value, while vehicle values decrease. <!--more--> In the US, as in most countries, the global crisis has resulted in declines in the real-estate market and employment sectors. These declines result in housing and business property holdings dropping

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HR System for Banks, Financial Institutions
A multinational bank turned to TEC for help selecting a fully integrated human resources (HR) solution. Find out how the selection project played out.
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Documents related to » basel committee on banking supervision


CRM for the Finance and Banking Industry - Part 1
How many different systems does a bank employee use when changing a customer’s contact information? The last time I moved and had to change my address, the bank employee used two systems, asked three or four of her co-workers for help, and took about 15 minutes to do it because the information from one system did not transfer right away to the other system. It goes without saying that this was not

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IT Infrastructure Trends in Banking
In the current regulatory environment, banks are facing two levels of challenges. While they are under pressure to expand beyond home territories, they also face stifling regulatory constraints. These restrictions are forcing banks to maximize on every capital expenditure they make. Such financial and regulatory reforms, in the face of the economic slowdown, have positive effects on quality assurance, governance and data management. But it also forces banks to hold capital that they would otherwise invest. This environment has made it vital for banks to sharpen their analytical and forecasting capabilities. Find out how the burden of regulation, expansion, cost optimization, and business transformation can be shared by an expert partner to foster an environment for growth.

basel committee on banking supervision  Banks,banking,regulation,regulatory,compliance,expansion,business structure Read More...
A Brief Word on Asset Management and Laptops
Disconcerting? That's hardly what one feels when losing a laptop, and when it's stolen ... ?  Lackadaisical, however, seems to be the approach most enterprises take when it comes to safeguarding laptops. The theft of a laptop is devastating to a company, because data is so precious. It's not just a matter of losing trade secrets, which is also a major concern, but a person's name is one of the

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Astra Airlines Selects Ramco Aviation on Cloud
Ramco Systems has announced a new order win from Astra Airlines Group, an emerging passenger airline operating out of Greece since 2008. With its cloud- and mobility-enabled business solutions, the vendor continues to penetrate non-mainstream geographies.  <!--more--> The Astra win further fortifies Ramco’s position in the global maintenance, repair, and overhaul (MRO) segment. Under the

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Keeping HR Metrics on Track
No one in HR is under more pressure than those charged with managing health care costs. A study by Mercer showed health care costs up yet again in 2009, part of a relentless trend that year upon year has made an expensive benefit even more costly. Yet, this is also an essential benefit, one that has a major impact on the lives of employees; one they care about a great deal. With so much at stake, organizations are going to demand that HR come up with metrics to manage this investment. However, it‟s all too easy to go astray with any kind of metrics, and HR leaders can profit from some tips to keep them on track. Download this white paper to learn more.

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Straight Up on Leads Management
No, I'm not about to launch into a Paula Abdul cover (I won't even dignify that with a link). Lead generation is a process that uses information to create interest in an enterprise's products or services. It's end objective is to generate sales. Several steps are involved in this marketing process. Before a company begins, it needs to define the market that its product or service caters too,

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Jaspersoft on Amazon Web Services Marketplace
Jaspersoft has decided to take the JasperReports Server Community Edition and make it available on Amazon’s recent offering called AWS Marketplace, free of charge. This will make it possible for users to use JasperReports as a preconfigured Amazon Machine Image (AMI) to be deployed as part of Amazon Elastic Compute Cloud (EC2). <!--more-->Loyal to its open-source philosophy, Jaspersoft’s

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Telco Charged with Trickery on Technology
Bell Atlantic is charged with failing to fulfill promises to bring DSL and other high-speed Internet access to the home.

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The Devil’s in the Details (Based on a True Story)
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