IBM news from FierceFinanceIT

If you aim to really own the financial services industry (financial services news) as a tech vendor, you had better be more than a product pusher--a simple reseller. It's all about subscription... Read more...

The Economist has decided to weigh in with a big-picture view of the banking industry's IT spending. No other industry spends as much on technology, "about $500 billion globally," the magazine says,... Read more...

A recent Aite Group survey asked financial institutions executives which vendors they most admire. The result was a timely look at the industry and which vendors are poised to fare the best in 2010.... Read more...

Core systems are not easy to change. They're expensive and fraught with uncertainty, and frankly it doesn't happen as much as it used to. Bank Systems & Technology notes the heyday of core change... Read more...

A group of former regulators, academics and Wall Street executives are pushing an initiative called the National Institute of Finance (NIF). This facility would essentially gather data on trades and... Read more...

IBM's agreement to buy SPSS for $1.2 billion confirms that it thinks analytics and intelligence will be a big seller in the financial services industry. One could argue that of all industries,... Read more...

A recent survey sponsored by Temenos has found that despite lots of marketing activity, cloud computing has yet to generate any real support from banking executives. The survey found that just 15... Read more...

Surveys serve as a legitimate marketing exercise at most companies. So what to make of the massive IBM survey of 2,754 people in the industry, 1,678 of whom were executives and public officials? It... Read more...

As these tough times continue, banks are paying more attention to vendor management. There are fewer dollars to go around, obviously, and some vendors could easily end up as one of the odd men out.... Read more...

Are the stars aligning for IBM's data governance initiative? The financial world is legitimately obsessed with risk at the moment, just as XBRL is becoming a standard financial reporting format for... Read more...