Taking Control of Payment Duplication
[ Source: CONIX Systems ]
November 2007-
Being duped is never a good thing. This is especially true for financial institutions when the age-old backroom problem, payment duplication, is magnified because of new electronic clearing protocols. In the past, duplicate postings to demand-deposit accounts (DDAs) were a manageable processing anomaly because financial institutions became proficient at minimizing these exceptions in the paper check-based environment. However, times have changed. Payment systems must now deal with automated clearinghouse and lockbox items, as well ....
A Comprehensive Credit Assessement Framework
[ Source: SAS ]
April 2008-
This white paper gives an overview of a comprehensive credit assessment framework (CCAF), developed by SAS, which addresses the credit scoring limitations imposed by insufficient credit and market information, insufficient sampling time frames and static, data-driven factor selection and weightings.
Core Mission: Solving the Core Systems Transformation Puzzle
[ Source: TechWeb, the Global Leader in Business Technology Media ]
June 2009-
New financial services realities demand enhanced core functionality around risk, regulatory compliance and customer retention. To meet these demands while coping with a continuing global financial crisis and maximize the return on their technology investments, many banks are taking a phased approach to implementing new core capabilities. Three articles explore how some financial services firms are addressing their core systems issues: -- A Return to Core Values: Amid an economic downturn that is only ....
Operational Risk: Where is the Value?
[ Source: SAS ]
April 2008-
This article focuses on finding the true tangible value of investing in upgrades (such as technology improvements) to the operational risk control framework and helps senior level security executives explain these benefits to the entire organzation.
Surviving in Uncertain Times: Decision Management Technology Can Help Banks Survive and Thrive Amid the Recession
[ Source: FICO ]
February 2009-
Entering a global recession, companies must respond to increasingly complex markets, changing threats and fleeting opportunities. Improving the way you manage your decisions is critical for survival. Decision Management technology meets four imperatives for businesses seeking to thrive in today’s difficult environment:
• Give business owners control to increase agility: Decision Management puts business owners in charge of day-to-day operations, and delivers a stronger partnership between the business and IT. These same business owners ....
The Hidden Dangers of Everyday Information Transfer
[ Source: Sterling Commerce ]
December 2008-
Every day financial services organizations share megabytes, gigabytes or even terabytes of data with their business partners around the world using protocols such as FTP, HTTP, S-HTTP, SFTP, and FTPS. If there’s no apparent service outage, security breach or audit failure, most organizations assume these protocols are doing a secure and effective job of file transfer. But each of these protocols has serious flaws that are quietly making it harder for financial ....
Using TriGeo Security Information Management To Meet PCI Requirements
[ Source: TriGeo Network Security ]
September 2008-
Simply deploying a security solution cannot guarantee meeting every Payment Card Industry (PCI) requirement in full. This whitepaper discusses the challenges of PCI compliance and how security information and event management (SIEM) provides the data visibility, log management, end-point security and active response needed to demonstrate and meet each of the 12 PCI compliance requirements.
Subprime Lending Crisis: Causes and Effects of the Mortgage Meltdown
[ Source: Wolters Kluwer Law & Business ]
May 2008-
The subprime mortgage crisis, popularly known as the “mortgage mess” or “mortgage meltdown,” came to the public’s attention when a steep rise in home foreclosures in 2006 spiraled seemingly out of control in 2007, triggering a national financial crisis that went global within the year. Consumer spending is down, the housing market has plummeted, foreclosure numbers continue to rise and the stock market has been shaken. The subprime crisis and ....
Best Practices in Data Management
[ Source: SAS ]
May 2007-
As part of the ERM Global Program, this white paper should be used to establish SAS expertise and leadership in data management, particularly in relation to the development of an enterprise risk management strategy.