News@Cisco: Financial Services News
News@Cisco: Financial Services News (the 20 most recent stories)

• Texas Credit Union Transforms Banking With Cisco Wireless Networking
  December 3, 2007 The executive staff of IBM Texas Employees Federal Credit Union, headquartered in Austin, Texas, committed itself to across-the-board changes to lead the way to the next generation of banking. This major rebranding effort affected its main office and branch locations and involved a transformation in the organization's products, services, and overall appearance. The credit union adopted a new name-Amplify Federal Credit Union- a new slogan-"Bank Less. Live More." ...
• From Desktop Video to Digital Signage, Digital Media Advances
  The enterprise digital media market, based largely around the power of video, is growing rapidly. In 2006, 31 billion streams of video were served over the Internet in the U.S., according to comScore, Inc., a global Internet information provider, but in the month of May, 2007 alone, 60 billion video streams were served. IDC estimates that the use of enterprise video will grow at a compound annual growth rate (CAGR) of ...
• Cisco and IBM To Transform Banking Experience
  SAN JOSE, Calif., and ARMONK, NY - November 12, 2007 - Cisco® and IBM (NYSE: IBM) today announced joint front office solutions that are poised to transform the retail banking experience by enhancing customer interaction and collaboration across all types of delivery channels, such as branches, contact centers and self-service kiosks. The new modular solutions integrate front and back office systems with collaboration technologies such as Voice over IP (VoIP), streaming video, Web ...
• Cedacri Selects Cisco Data Center Infrastructure to Target New Customers
  MILAN, Italy, October 26, 2007 - Cisco® announced today that Cedacri, a leading information technology (IT) provider for financial institutions in Italy, has chosen a Cisco data center infrastructure to help reduce the cost of winning new customers in Milan, one of Italy's key financial centers. The Cisco technology will help Cedacri deliver expertise and services to financial institutions without the prohibitive cost of building a local data center. Banking institutions will benefit ...
• ICB Bank Seeks to Improve Operations with Cisco's Service- Oriented Network Architecture
  HANOI, Vietnam - October 23, 2007 - ICB Bank, one of the leading commercial banks in Vietnam, is establishing another milestone as an early adopter of information and communications technology (ICT) in the country. With the implementation managed by HPT Technology, a Cisco-certified premier reseller, the bank is deploying the Cisco® Service-Oriented Network Architecture (SONA) to help it unify network-based services such as security, mobility and location with the virtualization of ICT ...
• Driving a Morgan Stanley Turnaround: A Network and a Vision
  The long-term forecast in financial services is stormy: technology rapidly commodifying every product, physical transactions giving way to online, profit margins under severe pressure, rising customer expectations and falling loyalty. Challenges loom on every front. And perhaps nowhere are these winds of change trickier to navigate than in wealth management, where individual investors expect a level of ...
• Streamlining the Front Desk
  One of the biggest problems Morgan Stanley's wealth management unit has been facing in recent years is a steady loss of top-producing financial advisors (FAs). Each one was taking important clients and their assets to rival brokerages. During the 2005-2006 period, Morgan Stanley's turnover rate among FAs ran to nearly 11 percent. Thanks in large degree to Cisco's networking technologies and consulting ...
• Cisco DAL Software Accelerates TIBCO and Wombat Market Data Environments
  High Performance on Wall Street - NEW YORK, New York, September 17, 2007 - Cisco® today announced a new server host and fabric software, known as Datagram Acceleration Layer (DAL), designed specifically to accelerate multicast-based market data infrastructures for automated trading applications. When combined with Cisco InfiniBand Server Fabric Switches, the new Cisco DAL software will help customers to handle rising messages rates, while reducing the message delivery latency between ...
• Cisco Creates Low-Latency Solution with Reuters Market Data System on Sun's Next-Generation Intel Xeon-based System
  High Performance on Wall Street - NEW YORK, September 17, 2007 - Cisco has collaborated with Reuters and Sun Microsystems to deliver an end-to-end low latency solution for automated and algorithmic trading. Testing by Sun Microsystems showed the solution reduced overall system latency by up to 38 percent, with minimal impact on customer's applications and infrastructure. The tuned solution will enable customers to quickly deploy a low latency market data infrastructure while preserving their ...
• Al Rajhi Bank Set to Grow with Cisco in Malaysia
  KUALA LUMPUR, Malaysia, September 17, 2007 - The world's largest Islamic bank, Al Rajhi Bank, has deployed the Cisco® Unified Communications system as a strategic move to drive its business expansion in Malaysia. The solution has been implemented across the bank's 182 existing branches to provide a highly scalable, cost-effective and highly secure communications system and it will accommodate future growth plans for up to 50 branches by 2010. "Al Rajhi Bank's success as the ...
• Cisco Invests in Building a