Friday, May 28, 2010

IT News HeadLines (TechWeb) 28/05/2010



Accenture Debuts Enhanced Technology Offerings at ACORD LOMA Insurance Systems Forum
Among the systems revamped include Accenture Claim Components, Accenture Policy Components and the Accenture Life Insurance Platform.
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OneShield Introduces Dragon Intelligence at the ACORD LOMA Insurance Systems Forum
Dragon Intelligence takes into account a carrier's specific business models to analyze specific key risk underwriting benchmarks, as well as workflow job functions, while interweaving external data sources to provide a comprehensive, multi-disciplinary view of the complete insurance enterprise, the vendor says.
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New York Central Mutual Emerges From 5+ Year Tech Project
New York Central Mutual spent the better part of the last decade on a massive technology modernization project and now finds itself in a more competitive position in the marketplace .
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Detica Launches U.S. Operations to Curb Fraud
Due to increased licensing and implementation of its NetReveal fraud and risk management solution, U.K.-based technology consulting and data firm Detica has formally established operations in the United States, opening an office in McLean, Va.
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DTRIC Insurance Adds New DRC DecisionMaker Business Line Support
The addition of commercial auto and truckers to lines supported by DecisionMaker brings to four the total number of lines in production within the solution at the Honolulu-based P&C carrier.
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Gov 2.0: NASA Readies Mission-Oriented Cloud Computing
The space agency's Nebula cloud computing environment will be used to provide on-demand computing and storage to NASA scientists and engineers.
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Deutsche Bank’s Kelley Named Chairman of Enterprise Cloud Leadership Council
ECLC aims to develop cloud standards and promote uptake of cloud services on the enterprise level.
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Google Nexus One Tries For Retail Sales
Verizon Wireless and Sprint both backed out of their commitments to sell the smartphone.
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Northwestern Mutual Names Schlifske Chairman and CEO
Schlifske will succeed Ed Zore as CEO on July 1 and chairman as of Aug. 1. Skip will take on Schlifske's former role of president, and has also been named chief risk officer by Northwestern Mutual's board of trustees.
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Yahoo, Zynga Partner On Games Distribution
The pact makes Farmville accessible across the Yahoo network and allows product integration of Zynga games with the Yahoo Application Platform.
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SEC to Boost Market Oversight After Flash Crash
The SEC proposed improving market surveillance Wednesday by tracking stock orders across all U.S. equity markets in real time.
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Obama Admin Cool to Bank Swap-Trade Spin-Off Plan
The outlook for a plan to force banks to spin off their swap-trading desks dimmed when an Obama administration official made clear it is not a core Wall Street reform goal for the White House.
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FINRA Seeks Faster Fraud Fighting, Fewer "Bodies"
Bernie Madoff did not attend the Financial Industry Regulatory Authority's annual conference Wednesday, but his presence loomed large as the markets watchdog listed a host of new measures to fight investor fraud.
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Lehman Sues JPMorgan for Billions in Damages
Lehman Brothers Holdings sued JPMorgan Chase, accusing the second-largest U.S. bank of illegally siphoning billions of dollars of desperately-needed assets in the days leading up to its record bankruptcy.
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Thomson Reuters To Extend Its Critical Energy Market Insight Through The Acquisition Of Point Carbon
Point Carbon provides banks, traders, portfolio managers, corporations and governments with critical insights based on deep industry knowledge and sophisticated modeling capabilities across the carbon, utilities, oil, gas and industrial markets.
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Ballmer Unfazed By Apple's Gains
Microsoft chief says the fact his company now lags rival in terms of market capitalization is no big deal.
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Data Mastery Drives Access Insurance's 'Instant Access' Business Technology Platform
Access Insurance Holdings leverages real-time data in its Instant Access technology platform to inform business strategy, provide a superior customer experience and lower operational costs.
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Exclusive: iPhone Woes Revealed In FCC, FTC Consumer Complaints
Freedom of Information Act documents obtained by InformationWeek show that the Federal Communications Commission has received 72 complaints about Apple's iPhone since 2009, mostly involving AT&T. There are 450 Federal Trade Commission complaints.
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FTC, FCC Reveal Complaints Filed Against Apple
Numerous complaints have been filed with the Federal Communications Commission and the Federal Trade Commission against Apple. They run the gamut from the iPad's lack of Flash support to the availability of adult material in the iTunes App Store, to an iPhone catching fire while charging. These documents were obtained via the Freedom Of Information Act.
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Global CIO: Oracle's Larry Ellison Embraces Cloud Computing's 'Idiocy'
Column about Oracle CEO Larry Ellison's gradual acceptance of cloud computing into Oracle's product line after he said cloud computing was idiotic, absurd, and nonsense.
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HIT Standards Committee Struggles With Additional Demands
As a result of the recently passed healthcare reform legislation, additional tasks, including enrollment transaction specifications, are falling to the committee.
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Symantec Enhances SMB Security Suite
For small and midsize businesses, Symantec will offer improved endpoint security, backup capabilities, disaster recovery and messaging security this summer.
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Gartner Predicts 13% Growth In Business PC Sales
Overall worldwide PC sales will increases 22% in 2010 according to Gartner with the global business PC market predicted to grow 13.1% from 2009.
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Gov. 2.0 Coverage: Google Readies Government Cloud
Gov. 2.0 Coverage: Google Readies Government Cloud
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Amazon Ties Wal-Mart In Online Music Share
Apple iTunes remains the leading U.S. music retailer with 28% market share, but Amazon increased by 3% to tie Wal-Mart for second place at 12% of all music purchased.
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