Similar to mobility, connected car technology (e.g., telematics) has been around for some time, but only recently has the car rental industry truly exploited the massive opportunity it presents. The Internet of Things (IoT) has allowed companies to leverage new technology that better manages their fleets of cars. It’s also helping businesses, such as those […]
Integration + IT Modernization
Operational Transformation – Benefits of Other Delivery Models
In my previous blog I discussed the growing use of alternative service delivery models to reduce overall IT costs. As a recap, examples of these delivery models include: Software as a Service (SaaS) or remote hosted agreements where the application vendor provides application support and operational services. Cloud based services where the processing and storage […]
5 Steps to Modernize Your Mainframe with Pair Programming
It seems like once I stopped mainframe coding in COBOL and RPG and moved to Java, I have been continuously involved in mainframe retirement projects. There may be no bigger and slower moving pending disaster than the state of the corporate mainframe. The mainframe itself stands in stark contrast; they are better and faster than […]
Upcoming Blog Series On TransCelerate Shared Investigator Platform (SIP)
In an industry that has historically been siloed and secretive, the nonprofit collaboration known as TransCelerate BioPharma, Inc. (TransCelerate) is a clear indicator of change. It was formed in 2012 by a group of innovative thinkers and doers from a handful of leading life sciences organizations, with the mission to “collaborate across the global biopharmaceutical […]
Expanding Through M&A in the Insurance Industry
M&A is always on the table, as it can provide quicker access to more customers through geographic expansion, as well as new business lines and capabilities. It’s also a way to reinforce a company’s innovation strategy. Zurich’s acquisition of Bright Box, a company which provides telematics solutions “that link drivers to their vehicles, and the […]
The Most Valuable Benefit of Salesforce Financial Services Cloud
Advising the Advisor: Are you thinking far enough ahead? Here’s how How familiar is your organization with the flexibility and integration Financial Services Cloud offers? The solution helps improve the customer experience, strengthen client relationships, and drive new business by integrating sales, service, and marketing. Digital transformation impacts every area of an organization, and companies […]
New Retention Policies in Microsoft Teams
Technology is a beautiful thing! It is crazy to think about how far we have come in the last 10 years with regards to our communication capabilities. With all these improvements and enhancements come the need for companies to adapt to that change. Many financial companies are still highly dependent on the traditional communication methods […]
Customer Satisfaction in the Airline Industry
Customer satisfaction is always top of mind for airlines. Unhappy or disengaged customers naturally mean fewer passengers and less revenue. It’s important that customers have an excellent experience every time they travel. On-time flights, good in-flight entertainment, more (and better) snacks, and more legroom might be the obvious contributors to a good experience and more […]
Streamlining the Manufacturing and Automotive Treasury Function
The strategic vision of the manufacturing and automotive treasury function is to deliver efficiency, control, and scalability. The logical structure for this transformation includes several key components: business events, centralized demand deposit accounts with banking connectivity, and a reporting data warehouse. A comprehensive finance and treasury transformation program can help improve cash and liquidity management, […]
Investment Company Reporting Modernization Goals & Expectations
In a new guide, we discuss the background of the SEC’s Investment Company Reporting Modernization Rules and the potential effects on individual financial institutions. The snippet below shares the rules’ objectives and expectations. The SEC wants to improve: The quality of information that funds report to the Commission The Commission’s risk monitoring and oversight, examination, […]
Why Self-Driving Cars Are Good for Car Rental Companies
New partnerships with companies that are developing self-driving car technology have also been formed. Avis Budget Group’s partnership with Alphabet’s (Google) Waymo and Hertz’s partnership with Apple are two examples. This is a trend that car rental companies are getting behind because they understand that autonomous vehicles could eventually replace today’s cars. At the 2016 […]
Embracing Strategic Initiatives in the Insurance Industry
Today, insurance companies remain heavily focused on growth, productivity, and efficiency. That is, how can they generate more revenue and increase profitability? How can they get a bigger piece of the pie in a market that offers customers so many options? How can they create more value for shareholders? The answers to these big questions […]