Archive for May, 2010
Acord LOMA Insurance Systems Forum
By Linh C. Ho
This week, I’ve attended the Acord LOMA Insurance Systems Forum in Las Vegas — other than sharing drinks and discussions with a Forrester analyst and journalists at the Mandalay Bay; I wanted to share the common themes from the show in my latest iBlog: iBlog_ Accord Loma Show
Decluttering IT: An EbizQ Podcast featuring Colin Rowland
On May 17th, Kaitlin Brunsden, Associate Editor at EbizQ, sat down with OpTier’s own Colin Rowland to discuss the growing complexities of IT departments and ways that they can cut through the clutter and resolve problems more effectively moving forward.
iBlog: Insurance initiatives and impact on IT
By Linh C. Ho
Recently, I gave a webcast with Forrester analyst, Ellen Carney, on insurance trends, IT spending priorities and the implications on IT management.
In this webcast Forrester shares some brand new findings about the insurance industry:
- The need for competitive advantage is driving key IT decisions.
- 89% of the respondents and decision makers put high importance on improving the speed of business process and transaction execution.
- 91% say the pressure to reduce costs continues to be a priority.
- 85% say regulations and compliance also continue to be critical for insurance firms.
To view the recorded webcast: http://bit.ly/9l497w
iBlog: Wall Street Gone Wild..Taking Investors for a Ride
By Linh C. Ho
Yesterday’s stock turbulence was one of the largest point drop ever, trigged by a typo from a single trader. That one error led to an automated trading frenzy and triggered a rapid selloff that left SEC, NYSE and Nasdaq officials with no choice but to cancel some afternoon trades. This computerized selloff is yet another reminder that organizations typically do not have full visibility into business transactions.
Even though the computer systems performed adequately – if these trading platforms were monitored with Business Transaction Management (BTM) technology, this rapid automated selloff could have been mitigated. Yesterday’s event highlights the need for visibility into real business transactions in real-time. This level of transaction monitoring can immediately detect any abnormal trade activity, and quickly alert staff.
This iBlog provides insight into how BTM can help mitigate such risk, also we share the broader financial challenges gathered from speaking with industry analysts, financial experts and customers. Challenges impacting IT management include:
- Regulations
- Process efficiency/Business Process Reengineering/Outsourcing
- Quality improvement
- Mergers and acquisitions
iBlog: What we learned from Cloud Expo 2010 in NYC
By Linh C. Ho
Listen to OpTier’s iBlog – what we learned from the recent Cloud Expo in NYC:
- Top management concerns of cloud computing
- Implication of cloud on IT management
- How is Business Transaction Management enabling cloud adoption
OpTier
Assaf Amit
Andy Wetzel
Russell Rothstein
Motti Tal
Linh C. Ho
Diego Lomanto
