Friday, February 26, 2010

IT News HeadLines (TechWeb) 26/02/2010



UBS Providing Security Device to Online Banking Customers
Bank is using IBM's Zone Trusted Information Channel, a USB-connected smart card reader designed to thwart trojan attacks.
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TSI Launches First Fully Automated Distressed Loan Settlement Platform
The new platform streamlines the process of trading and settling distressed loans, creating substantial time and cost efficiencies for all market participants, according to the vendor.
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Incentive Capital Management Selects Pricing Partners
Dublin-based asset manager chooses Price-It Excel to price and risk manage its inflation linked derivatives business.
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Citi in Talks to Sell Hedge Fund Unit
Citigroup is in advanced talks to sell its $4 billion hedge fund business to SkyBridge Capital LLC, a New York firm that invests in start-up fund managers, a person familiar with the matter said Wednesday.
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Florida's "Mini-Madoff" Nadel Admits Huge Fraud
Arthur Nadel, a former Florida fund manager dubbed a "mini-Madoff" for running a decade-long investment fraud of nearly $400 million, pleaded guilty Wednesday to criminal charges.
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Scribd Launches Mobile Document Sharing App
Non-copyrighted documents can be sent from a PC to smartphones, Amazon's Kindle, Barnes & Noble's Nook, and the Sony Reader.
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Recalculating Risk: The New Rules of Risk Management
New data management and risk analytics tools are giving banks such as ING, HSBC and Union Bank insight into enterprisewide risk exposures and a head start on Basel II rules.
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How Much Risk Lurks in Your Loan Portfolio?
A new, eBay-style electronic marketplace for troubled loans tries to give bankers a clear sense of what their distressed debt is worth.
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SAP Revamps BusinessObject SaaS BI Suite
The upgraded BI OnDemand service consolidates CrystalReports.com, adds workflows for business intelligence novices.
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Chip Revenue To Grow By 20%
The surge in semiconductor revenue forecast by Gartner for 2010 will be driven by steady growth in PC shipments.
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Guerra On Healthcare: EMR Standards Committee Struggles
In its latest meeting, the federal HIT Standards Committee struggles to find a point of balance between concrete legislation and guidance on standards.
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FCC Chief Proposes Mobile Spectrum Auction
Julius Genachowski sees broadcast television spectrum as a major part of the agency's strategic planning as it works to accommodate a surge in mobile data traffic.
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SAP Revamps BusinessObject SaaS BI Suite
Upgraded BI OnDemand service consolidates CrystalReports.com, adds workflows for business intelligence novices.
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Global CIO: Capgemini Splits CIOs Into 3 Groups, And 2 Are Deadly
Column about Capgemini's fourth annual Global CIO Report and its assessment that CIOs today fall into one of three categories, and two of those three prevent their organizations from being market leaders.
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IBM Aids British Library With Web Archive
Using a technology called BigSheets, IBM is assisting in the British Library's effort to preserve the U.K.'s online culture.
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The Changing Role of the CRO
The personnel have changed and responsibilities have broadened for bank chief risk officers.
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Server Sales Up 4.5% In 4Q
The good news was tempered by plummeting sales of high-end systems, resulting in an overall 3.2% drop in global revenue, said Gartner.
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Server Sales Up 4.5% In 4Q
The good news was tempered by plummeting sales of high-end systems, resulting in an overall 3.2% drop in global revenue, said Gartner.
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Google Faces European Antitrust Scrutiny
The European Commission says it is looking into three separate complaints about Google.
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Dennis Sullivan Named Chairman and CEO of Nolan
A 28-year veteran of the international consulting firm, Sullivan has an extensive background in management systems and performance measurement.
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Nebraska Expands Health Information Exchange
The Nebraska Health Information Initiative, which served mostly the Omaha region until now, is expanding statewide.
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CA Buys 3Tera Cloud Startup
3Tera supplies a graphically oriented system for configuring an application prior to deployment, including deployment as a virtual machine into the cloud.
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