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Financial Services Related Articles

Banco Supervielle Improves Management With Cisco Collaboration Technologies - BUENOS AIRES, Argentina, Aug. 25, 2010 - Banco Supervielle announced that it has implemented Cisco® solutions for collaboration, unified communications and contact center operations to improve its customer service, optimize resources, improve workplace efficiency, and achieve higher levels of quality and security. The collaboration platform now provides home banking customers and ...

CIMB Group Pioneers Financial Collaboration With Cisco TelePresence - KUALA LUMPUR, Malaysia - July 20, 2010 - Cisco and CIMB Group, a leading financial institution in Malaysia, today announced the deployment of Cisco TelePresenceTM suites across the CIMB Group's offices in Malaysia, Thailand, Indonesia and Singapore. CIMB Group is the first financial services provider in Malaysia to harness the power of video and virtual meetings and aims to transform the ...

Tata Communications to Provide Managed TelePresence Services to Hannover Re - GERMANY - July 5, 2010 - Tata Communications, a leading provider of the new world of communications, today announces that it has been chosen by German reinsurance company, Hannover Re, to deploy and run its TelePresence facilities, serving the group's internal teams in 18 locations across 16 countries, worldwide. Tata Communications will roll out the Cisco TelePresence high-definition; ...

Banco de Córdoba Implements Cisco Physical Security Solutions to Improve Security - BUENOS AIRES, Argentina, June 22, 2010 – Banco de Córdoba, one of the most important banks in Argentina, has chosen Cisco to update its network platform, migrate to a Cisco Unified Communications platform and renew its video surveillance system, becoming one of the first banks to deploy the Cisco Physical Security solutions in Latin America. The process began in 2007 with the aim ...

Fixnetix Completes US Expansion of Ultra Low Latency Networks Using Cisco - LONDON, April 26 2010 – Cisco announced today that Fixnetix, one of the leading providers of low-latency trading, market data, hosting and direct market access (DMA) services for the financial services industry, has completed its U.S. low-latency network expansion using Cisco® technology. The ability to trade the 'fastest' in any market from any location has enabled Fixnetix and ...

Cisco Digital Signage Powers New NASDAQ Marquee in Times Square - SAN JOSE, Calif. – April 2, 2010 – Cisco today announced that its digital signage technology, part of the Cisco® Digital Media Suite, is helping to power the new marquee at the NASDAQ MarketSite in the heart of New York's Times Square. Harnessing the network as a delivery platform, Nasdaq is using Cisco's Digital Media Players, the Cisco Digital Signs hardware platform, to ...

National Stock Exchange of India Selects Cisco to Enhance Network Performance, Security and Scalability - MUMBAI, India, March 29, 2010 - Cisco today announced an extensive deployment of its next-generation network architecture at the National Stock Exchange of India (NSE), the country's largest stock exchange in terms of daily turnover and number of trades. The comprehensive solution comprises Cisco's world-class routing, switching, security and core technologies designed to help ensure high ...

Bank of America to Enhance Associate and Team Collaboration with Largest Global Deployment of Cisco TelePresence - CHARLOTTE, N.C., and SAN JOSE, Calif., March 29, 2010 — Bank of America and Cisco today announced an agreement to deploy the largest network of Cisco TelePresence systems, with an initial 200 units being installed across the bank's global operations by year-end. Cisco TelePresence uses high-definition video and audio to create the experience of face-to-face meetings. People appear life- ...

Inteligo Financial Services S.A. Uses Cisco Technology for Poland's First Distributed Call Center Infrastructure - WARSAW, Poland – March 8, 2010 - Cisco today announced that Inteligo Financial Services S.A. has deployed a Cisco® Unified Contact Center Enterprise solution at its countrywide customer service operation. With almost 150 call center agents located in four cities (Gdansk, Katowice, Poznan and Warsaw), this deployment represents Poland's first fully distributed contact center ...

Winterflood Securities Deploys Cisco Unified Computing System to Improve Business Operations and Support Future Growth - LONDON, 25 February 2010 - Cisco today announced that Winterflood Securities, one of the leading liquidity providers in London, has deployed the Cisco Unified Computing SystemTM to improve the resilience, agility, scalability and flexibility of its high frequency trading platform. Working with Logicalis, a Cisco® Gold Certified Partner, Winterflood Securities has undertaken a project ...

Cisco Retail Banking Survey Finds Generation Y Consumers' Needs Will Transform Retail Banking - SAN JOSE, Calif. - Feb. 23, 2010 - Cisco today announced the findings of a retail banking study that suggests banks have an opportunity to increase revenues up to 10 percent by embracing Generation Y consumers. Conducted by the Cisco Internet Business Solutions Group (IBSG), Cisco's global consultancy, the study surveyed 1,055 U.S. consumers to better understand their financial priorities, ...

Cisco Offers Three-Year, Zero-Percent Financing to U.S. Small and Medium-Sized Businesses - SAN JOSE, Calif., Jan. 25, 2010 – Continuing its commitment to provide access to capital in today's uncertain economy, Cisco Capital SM today announced a three-year, zero-percent financing offer for small and medium-sized businesses (SMBs) in the United States.  The financing offer applies to all Cisco products and services from $1,000 up to $250,000. Zero- ...

Goldman slapped with $27 million fine by U.K. FSA - The U.K.?s financial-services watchdog said Thursday that it has fined Goldman Sachs 17.5 million pounds ($27 million) for failing to disclose a U.S. fraud probe that encompassed the firm?s British operations. ...

Europe Markets: Europe stocks off to a weaker start - European stock markets were posting marginal losses early Thursday, as retailers were feeling pressure after gloomy updates from the U.K.?s Home Retail Group and William Morrison Supermarkets. ...

AXA slumps, NAB gains as Australia rejects deal - National Australia Bank shares rise but those of AXA Asia Pacific tumble after the Australian competition watchdog rejected NAB's $12.2 billion takeover bid for the financial services company. ...

Robert Powell: Eight ways to fix the U.S. retirement crisis - Paul Volcker and his troupe, the President?s Economic Recovery Advisory Board, are unlikely to appear on the ?America?s Got Talent? stage any time soon. But retirement experts are giving the group, which just issued a 188-page plan to fix the nation?s complicated retirement system, mostly high marks for their effort. ...

Chuck Jaffe: Variable annuity leaves buyers confused - When an adviser or insurer suggests that the insurance product they sold you isn?t as good as the one they can sell you now, the result is a little slice of mayhem, and a lesson for all insurance consumers. ...

AXA Asia is still strategically attractive: AMP - MELBOURNE (MarketWatch) -- AMP Ltd. (AMP.AU) continues to see AXA Asia Pacific Holdings Ltd. (AXA.AU) as an attractive strategic target but sees no urgency to make any quick moves on the group after the Australian Competition and Consumer Commission said it continues to oppose National Australia Bank Ltd.'s (NAB.AU) A$13.3 billion bid for AXA APH, an AMP spokeswoman said Thursday. ...

Goldman's hedge fund factory winding down - As Goldman Sachs Group winds down its Principal Strategies group in response to a law that limits banks' abililty to trade with their own money, the firm will be shutting a business that's produced some of the most successful hedge fund managers in the world. ...

Financial Stocks: Financials climb, recouping previous day's losses - The financial sector rebounds to lead U.S. stocks higher as concerns about the European banking sector recede. ...

Canadian Markets: Canada stocks slide, but loonie firms on rate hike - Canadian stocks close lower, failing to capitalize on a central bank rate hike, as sharp losses by gold producers drag the broader market down. ...

Bond Report: Bonds up; U.S. sells debt at 2nd lowest yield ever - The government saw solid demand at its auction of $21 billion in 10-year notes, at the second-lowest yield on record. ...

Getting the Most Out of Financial Aid for College - It's that time of year again. Most college students are back on campus and starting on another new school year. This means finding money for tuition, room and board, books, and spending money. College can be expensive, so finding the funds to pay for it all can be quite a task. Luckily, for many people, there are various sources of financial aid that can assist in making this a reality. There are a various forms of financial aid available, from federal grants and scholarships, private loans, and federal student loans. These sources of funds can ease the burden on both parents and students. Another alternative which may have attractive tax benefits is the Section 529 Plan. These plans allow you to invest money tax-deferred and r...

Beware of Payday Loans - When times are tough and you're looking for any financial help you can get, it's only natural to start thinking about some alternative forms of financing. While payday loans and cash advances can really help you in a bind, it's important you really understand what you're getting yourself into. It's quite possible to find yourself digging an even deeper hole while attempting to just get through a few rough weeks. So, before jumping into a payday loan take a few minutes to learn how they work, what they really cost, and what alternatives you may have available.Beware of Payday Loans originally appeared on ...

How to Set Financial Goals - The first step in personal financial planning is controlling your day-to-day financial affairs so that you can do the things that bring you satisfaction and help you reach your goals. This is achieved by planning and following a budget. Controlling spending, saving money, and investing for the future are all important aspects of financial planning, but those things mean nothing if you don't have specific goals that you're trying to reach. In order to gauge your financial success, you need to have goals so that you can measure your success. The second step in personal financial planning is choosing and following a course toward long-term financial goals. The four steps to setting financial goals: Identify and write down your goals. Break goals down into short-term and long-term goals. Educate yourself. ...

Comparing the Different Types of Life Insurance - Life insurance is an important aspect of almost every financial plan, but how can you make sense of all the different policies available? Everyone seems to have their own opinion, and unfortunately there are also a lot of insurance salesmen who may be more inclined to earn a commission than to put you in the best type of policy. So, it's up to you to understand how each type of policy works so that you can decide what's best for you. Here's a quick overview of the four most common life insurance policies with advantages and disadvantages of each. If you're informed when shopping for insurance you can be sure to get the best policy for your needs and budget....

Get Out of Credit Card Debt Once and for All - Credit card debt is one of the biggest problems most people face when trying to get a handle on their finances. Credit cards make it easy to spend more money than you have, and then the crippling interest rates and fees make it seem impossible to get out from under. While there isn't an instant cure for credit card debt, there are steps you can take to put yourself on a path to becoming debt free. It takes a little planning, a little budgeting, and some time, but if you keep at it you'll find that you're getting out of debt faster than you had imagined. Here's the process to help you eliminate your credit card debt.Ge...

Tax Refund Anticipation Loans - Have you ever filed your tax return and hoped you could get your hands on your refund early? You're not alone. In fact, this has been a common practice in recent years. Most large tax preparers would offer what's called a tax refund anticipation loan. How it works is they determine how much of a refund you'll be receiving when filing your taxes and then lend you the money immediately so that you don't have to wait a few weeks for the IRS to send you a check. Then when your refund actually does come in it goes towards paying off the loan, less any fees. Sounds good, right? Well, the problem that this is an expensive proposition. Sometimes they will charge you fees in excess of a few hundred dollars just to get your hands on your tax refund a week or two early. This often translates into an APR well over one-hundred percent. Would you willingly get a loan with a 200% APR? Of course not, but that's exactly what these short-term tax refund loans give you. Thankfully, the...

Roth IRAs and Your Retirement - Most people save for retirement in their employer-sponsored plan such as a 401(k) or 403(b) plan, but these plans provide up-front tax deductions and tax-deferred growth. While this can be a great feature, the problem is that the money will still be taxed as ordinary income upon withdrawal in retirement. If tax rates are lower, or you're in a lower tax bracket when this happens, that is ideal, but what happens when you find that taxes are higher upon retirement? This is where a Roth IRA can come in handy. Unlike the employer-sponsored plans and its c...

How Much Home Can You Afford? - Record low mortgage rates are attracting many new home buyers, but it isn't a decision to take lightly or based on low interest rates alone. Buying a home is likely one of the biggest and most important financial decisions you'll make in your life. Because it is such an important decision and requires careful planning, you want to make sure that you're not getting in over your head when you purchase your home. One of the reasons that we're in such difficult times in the real estate market is because many people spent too much money on their new house in recent years. In some instances, it was because lenders extended credit to people who may not have qualified in the past, or possibly offered an exotic mortgage to help someone get into the house of their dreams--sometimes without a down payment. In other cases, the real estate market was so hot that pe...

There's More to a Loan Than Just the Interest Rate - When it comes to borrowing money, it is common to focus on the interest rate. It makes sense, because the interest rate plays the largest role in determining how much the loan will actually cost, plus the interest rate is the easiest way for lenders to market their products. While interest rates are certainly important, every loan has four common factors that will ultimately determine whether or not the loan is a good deal. Loan Fees - Most loans come with some type of fee. This fee is usually used to pay for processing or originating the loan, and the fee isn't always transparent. Sometimes the fees can be worked into the overall cost of the loan, or they may be completely separate. You will probably have to ask in order to find out what the fees are. Interest Rate - Again, interest rates are used to advertise most loans, and obviously, the lower the rate, the better. One thing you do have to consider is whether the rate...

The Alternative Minimum Tax - What three letters spell bad news for your tax situation? AMT. The Alternative Minimum Tax was created back in 1969 as a means for making sure that even the wealthiest individuals paid their fair share in taxes. Fairness is good, but there's a problem with the AMT. Over the years it has started to snag even more people, even those who aren't terribly wealthy. As it stands now, even with a modest income you could find yourself in a situation where you owe the AMT. Trust me, qualifying for this tax isn't something to be proud of! Wondering if you might get hit with the AMT? Here's some information to help you calculate the AMT for your own situation. Think of it this way -- if you catch it now you have nine months to prepare for it. That's a far better alternative than getting hit with a surprise next April....

Head, Electronic Serials Section - Under the supervision of the Head of Electronic Resources and Serials Management, the Electronic Serials Librarian plans, coordinates, and supervises the workflow for serials data in the electronic resources knowledgebase, link resolver and federated search engine.  S/he takes the lead in resolving access problems for e-serials and trains assistants in resolving problems as appropriate. S/he supervises the Electronic Serials Section which is...

Librarian for Psychology and Neuroscience - The Librarian for Psychology and Neuroscience and Liaison to the Duke Institute for Brain Sciences will develop and manage the collections for and about Psychology, Neuroscience, and Brain Sciences.  S/he will be the library liaison to faculty in these areas and provide specialized reference assistance and instruction to library users.  In addition, this role serves as the User Services liaison to the Electronic Resources Group which in...

Librarian for Chemistry - The Librarian for Chemistry actively engages with faculty, students, visiting scholars, and staff in the Chemistry Department and in chemistry-related fields, providing and promoting library resources and services that support their work.    S/he provides specialized reference assistance and instruction to library users and develops and manages the Libraries' collections in chemistry.  The position reports to the Head of the R...

Librarian for South Asia - The Librarian for South Asia develops the collections and provides library services in the interdisciplinary field of South Asian studies at Duke and the University of North Carolina at Chapel Hill (UNC).   He/she also coordinates all library activities related to South Asian studies in the Triangle Research Libraries Network (TRLN) with the objective of realizing an organically whole federation of collections and services. The position...