Electronic Payments Network, which switches low-value payments such as direct payroll deposits between banks, has built a link to SwiftNet, an IP-based network being implemented by banks around the world for high-value, interbank transactions. Barry Tebbutt, head of worldwide operations and technology at Northern Trust, which has $1.6 trillion in assets under administration, says the link lets the bank piggyback low-value transactions over the telecommunications line it uses for high-value transactions, eliminating the need for a separate line.
How Enterprises Are Attacking the IT Security EnterpriseTo learn more about what organizations are doing to tackle attacks and threats we surveyed a group of 300 IT and infosec professionals to find out what their biggest IT security challenges are and what they're doing to defend against today's threats. Download the report to see what they're saying.
Digital Transformation Myths & TruthsTransformation is on every IT organization's to-do list, but effectively transforming IT means a major shift in technology as well as business models and culture. In this IT Trend Report, we examine some of the misconceptions of digital transformation and look at steps you can take to succeed technically and culturally.