Financial Services: Related News
- EDS Deploys 100,000 Cisco Unified IP Phones For Bank of America (12 May 2008)
- PLANO, Texas and CHARLOTTE, North Carolina – EDS and Bank of America today announced the deployment milestone of 100,000 Cisco Unified Internet Protocol (IP) phones within the bank’s extensive North American network environment.
- EDS Named Leader In Outsourcing Services By CRM Magazine (09 May 2008)
- PLANO, Texas – EDS today announced it has once again been named a leader in the Outsourcing Services Category by CRM Magazine in its 2008 Service Awards. This represents the fourth consecutive year EDS has been recognized for its leadership by one of the world's foremost customer relationship management (CRM) publications.
- EDS Recognized For Outstanding Business Achievement (26 Feb 2008)
- PLANO, Texas – EDS today announced it was recently honored at the Microsoft Chief Security Officer (CSO) Summit with a 2008 Excellence in Security Award for outstanding business achievements. EDS received recognition in the category of Overall Security.
- EDS Best Shore Strategy: Offshore IT Outsourcing Solutions (06 Feb 2008)
- EDS runs its offshore IT outsourcing services on a network that is entirely owned by the company and carries only EDS clients’ data. EDS’ Best Shore solution is a key component of the company’s unique Global Delivery Model providing offshore IT outsourcing vendor services that match a client’s specific needs.
- EDS SOLCORP Moves Ahead With INGENIUM 7.1 (18 Dec 2007)
TORONTO, Ontario – EDS today announced the release of INGENIUM v7.1, an update to its Web services-enabled policy administration system, now with a full complement of regulatory compliance tools for non-traditional life insurance products and better than ever connectivity to the field through ACORD TXLife transactions.
- Daimler Financial Services Selects EDS to Manage IT Environment (05 Nov 2007)
- PLANO, Texas and FARMINGTON HILLS, Mich. – EDS and Daimler Financial Services today announced a three-year agreement for transition and data center hosting services.
- EDS Names Michael Coomer to Lead Asia Pacific Region, Global Financial Services Industry; Joe Eazor Promoted to Executive Vice President (26 Oct 2007)
- PLANO, Texas – EDS today announced it has appointed Michael Coomer as both executive vice president for the Asia Pacific Region and leader of the company’s Global Financial Services Industry organization, effective November 1. He will report directly to EDS President and Chief Executive Officer Ron Rittenmeyer.
- EDS Launches Global Testing Services (15 Oct 2007)
- The new applications testing and validation service gives EDS the ability to test and validate critical business applications and software products that help organizations reduce the risk to their business from system outages caused by application failures.
- Global Financial Leadership Forum 2007 (11 Oct 2007)
- At this year’s Global Financial Leadership Forum 2007, EDS will present the in-depth findings gathered from interviews with over 200 top insurance executives globally in a study titled “Think Global, Act Local.” The study, which was commissioned by EDS, was conducted by FT Research Centre.
- Network Application Optimization (05 Oct 2007)
- As a bank expands domestically or globally, it places increased demands on it’s telecom network technology: as the system works to ensure that all bank products and services are available at all times across the entire distributed organization
- Network Branch Solutions (02 Oct 2007)
- Even with the growing popularity of online banking, branch locations continue to be an important touch point for banking customers. But the growth opportunities of branch locations come with unique operational challenges for a financial institution.
- EDS Launches World-First Payment Card Utility (24 Sep 2007)
- SYDNEY – EDS, a leading global technology services provider, today announced the launch of a world-first payment card utility in Australia to make it easier for financial institutions to modernise and manage card services in an increasingly competitive market. The Regional Cards Utility gives banks and other credit providers access to the latest technology and business systems under an innovative shared service model.
- Banking On SOA (03 Aug 2007)
- In this ITP Report article, Rolf Kubli, EDS Fellow, and E.G. Nadhan, Distinguished Engineer, discuss the finance industry and how enterprises can benefit from a service-oriented paradigm.
- Commonwealth Bank of Australia Extends EDS Contract in US$310 Million Deal (03 Jul 2007)
- SYDNEY – EDS has strengthened its relationship with the Commonwealth Bank of Australia after significantly revamping a $US310 million service-based contract to deliver desktop and other end-user computing services for the next five years.
- EDS Launches Mid-Range Card Platform in Latin America (13 Jun 2007)
- São Paulo, BRAZIL – EDS today announced the launch of a new mid-range card platform that will allow a wider scope of financial institutions to introduce more creative, differentiated products within a shortened time frame. The new solution offers robust functionality for private label and bank issuing, both regional and global.
- First Midwest To Deploy EDS SOLCORP's WealthServ Investments Platform (11 Jun 2007)
- EDS today announced that First Midwest Securities Inc., an Illinois-based brokerage firm, has selected EDS SOLCORP's WealthServ Investments platform to manage all of its front and back office needs. This new client engagement represents another important applications-related win for EDS in the financial services industry while accelerating EDS SOLCORP's expansion into the U.S. market.
- Eight Financial Services Security Concerns (26 Mar 2007)
- The importance of security and operational risk management has grown tremendously. Financial institutions are now currently responsible for customer and corporate security at three separate levels: the financial institution, service providers and consumers. EDS recommends eight risk priorities that financial institutions must consider to minimize the possibility of security breaches.
- MERSCORP: Out With the Paper; In With Electronic Commerce (19 Mar 2007)
- Since its founding more than 10 years ago, MERSCORP (MERS) has depended on EDS to provide it with essential IT and BPO services. MERS is an industry utility created by mortgage bankers to promote electronic commerce and eliminate paper-based processes. EDS has developed and managed nearly all of the organization's critical member-related back-office functions and applications since its inception.
- EDS’ Eight Financial Services Security Concerns: Banking on Minimal Breaches (12 Mar 2007)
- PLANO, Texas – EDS has identified eight key security risks that should be of utmost concern to financial institutions. The importance of security and operational risk management has grown tremendously due to a variety of factors, including growing regulatory requirements, increasing security risk from insiders and the growing number of data security breaches.
- EDS' Ron Vargo to Speak at Morgan Stanley's Technology Conference (02 Mar 2007)
- EDS Executive Vice President and Chief Financial Officer Ron Vargo will be speaking at the 2007 Morgan Stanley Technology Conference on March 6, 2007, at 1:30 p.m. (Pacific time) held at The Palace Hotel in San Francisco.
- Italian Insurance Giant Fondiaria-Sai Signs $463 Million IT Services Contract with EDS (05 Feb 2007)
- PLANO, Texas and MILAN – EDS and Fondiaria-Sai Insurance Group, Italy’s second largest and one of the country’s oldest insurance companies, today announced a new, 10-year, $463 million agreement, signed in December 2006, for information technology (IT) infrastructure management services.
- Creating An Integrated Defense System For Financial Institutions (22 Jan 2007)
- Financial institutions are invited to join Navigating the Security Minefield, a Webinar lead by a distinguished panel of Financial Insights' and EDS' staff discussing the key security risks that face the industry today, guidance to address these risks and EDS' security capabilities.
- EDS' Eight Financial Services 2007 Trends: Resolutions for a Financially Good Year (22 Dec 2006)
- EDS' Eight Financial Services 2007 Trends: Resolutions for a Financially Good Year
- MERSCORP Renews Agreement with EDS for IT and Business Process Services; Goal to Digitize U.S. Mortgage Lending (20 Dec 2006)
- PLANO, Texas and VIENNA, Va. – EDS and MERSCORP, Inc. (MERS) today announced the two companies have renewed and extended their relationship for a decade.
- EDS and Motorola Mobilize the IT Dashboard (14 Nov 2006)
- At the recent Gartner ITXpo conference, EDS introduced its latest innovation – a mobile version of its Dashboard application that features reports from the Global Insight portal.
- Global Expansion in Life Insurance (13 Nov 2006)
- In a recent study, EDS and Datamonitor obtained input from approximately 97 Life insurers from 17 different countries to determine their strategies, practices and expectations for providing Life insurance products in non-domestic markets. Two overarching demographic trends are directing recent and future changes in the Life insurance industry.
- Life Insurance Study Reveals Strategies for Global Expansion (13 Nov 2006)
- PLANO, Texas – Global economic, regulatory and technological changes combined with increasing life expectancy rates for an aging population present a once in a life time opportunity for life insurers. How can life insurers take advantage of this unique opportunity?
- EDS' Tom Warsop to Present Findings from Study on Global Expansion in Life Insurance at 2006 Global Financial Leadership Forum (31 Oct 2006)
- PLANO, Texas – EDS vice president of Financial Services Tom Warsop will present the findings from a study entitled “Competencies for Global Expansion: Are you Fit for Travel?” at the 2006 Global Financial Leadership Forum. The event will take place at 10:30 am EST on Monday, November 13, 2006 at the Waldorf Astoria in New York City.
- Bank of Queensland Undergoes Major Capacity Upgrade (05 Sep 2006)
- In June, Bank of Queensland opened its 200th branch, thanks, in part, to EDS' efforts to transform the bank's entire computing environment. Bank of Queensland is now in a better position to compete with larger banks in the region. giving it a much needed advantage.
- Legacy Modernization in Financial Services (28 Aug 2006)
- Making legacy modernization a priority is essential for financial services companies to survive. To gain flexibility and the competitive advantage, companies need to focus on growth, operational efficiency, cost, customers, compliance, agility, product development and globalization.
- AEGON Renews Outsourcing Contract With EDS (17 Jul 2006)
- PLANO, Texas – AEGON The Netherlands, an important country unit of one of the world’s largest life insurers, has signed an extension to its existing information technology (IT) services contract with EDS for an additional five years.