Posts Tagged financial services

The United Nations High Commissioner for Human Rights, Navy Pill-ay, suits concern at reports indicating the pressure exerted on private companies to stop providing financial services and Internet Wiki Leaks.

Pillar said that together, the measures could be interpreted as an attempt to prevent Wiki Leaks publications, thereby violating their right to freedom of expression. The High Commissioner expressed the need for countries to protect the right to information, as required by international law. In this sense, is not yet known responsible for cyber attacks on Wiki leaks.

“I am concerned by reports of pressure on private companies like banks, credit card companies and Internet service providers to close credit lines to make donations to Wiki leaks, as well as to clear the site,” he said.

“If Wiki leaks have committed any illegal act, the legal system will handle this matter, but should not be done through pressure and intimidation to others,” said Pillar, without elaborating. Wiki leaks worried the U.S. authorities after more than 250,000 declassified diplomatic documents confidential.

Pillar said the leaks include some documents that point to the widespread use of torture by Iraqi forces and transfer of detainees in Iraqi custody. “The case raises complex issues regarding Human Rights on the balance between freedom of information, the people’s right to know and the need to protect national security or public order”, referred acknowledging that “this balance is difficult “.

COURTS

An international treaty on civil and political rights protects the right to freedom of expression. Any restriction of these freedoms must be necessary and proportionate, as the former judge of the UN. “The courts are equipped to tackle the delicate issue of balancing rights and values,” he said.

Pillar, referring to the founder of Wiki Leaks, Julian As ante said that “if he has committed a crime, the judicial system, following fair procedures, must be able to address how these rights can be balanced.”

He also noted that the charges against the Australian, 39, arrested on Tuesday in the UK for alleged sex crimes in Sweden are not related to the leaked information. With regard to cyber attacks produced in retaliation for efforts to block Wiki leaks, Pillar claimed that “is really what the media call a cyber war” and stated that “it is simply amazing what is happening.”

In its report on Fraud Worldwide, Kroll said in a survey of 800 executives found that the theft of information was the most complained of fraud, with a total of 27.3% of respondents who reported an incident of data theft in the last 12 months, compared with 18% who reported the theft of information in the past 12 months in 2009. In comparison, reports on the theft of physical assets were lower, with only 27.2% in the last 12 months.

Kroll applied the survey to 800 senior executives at companies with global presence through the Economist Intelligence Unit in July and August 2010. The survey covered executives in a wide range of vertical markets including financial services, retail, professional services, technology, and media and so on. About 47% were C-level executives, and the majority of respondents worked in companies with annual revenues of more than 500 million dollars. About 30% came from North America; a quarter came from Europe and the Asia-Pacific, and 11% in Latin America, Africa and Middle East.

The stolen information was aimed specifically at vertical companies focused on information, including financial services, technology, professional services and media and telecommunications, according to the survey. Forty-two percent of financial services firms surveyed by Kroll reported data theft, loss or attack in the last 12 months, compared with only 24% in 2009. The number was 40% for professional services firms, 27% more than last year.

Solution is expected to be available during the third quarter of 2010 and will be offered as part of the portfolio of SAP for the insurance industry. In short, will be offered additional solutions for banking. Thus, financial services customers around the world can streamline business processes, improve information sharing, reducing transaction costs and improve compliance.

Financial institutions have direct experience in processing and automated business processes with lots of data. Still, many processes such as opening a loan or mortgage, or the handling of complaints handled a lot of content and require efficient systems to automate document capture, content management and correspondence management. Banks and insurers can further improve the efficiency of processes, cost control and customer loyalty, integrating with other systems for structured and unstructured data existing electronically capturing paper content and providing a customer experience rich and highly personalized.

SAP and EMC will work together to build solutions that give financial companies a new tool to meet their challenges by adding capabilities and allowing for more efficient use of all corporate information resources. One example is to eliminate the manual effort traditionally required in the processing of insurance brokers. When providing digital capture of documents, emails and faxes, brokers can increase productivity and reduce the cost of errors and manual workarounds. Another example is that of addressing the problem of tedious paper processing and intensive manual processes required to manage a loan. The addition of document processes into business processes is not new to banking; this is a challenge that has been addressed through a standard approach. When scanning the contents of your home and create folders scanned loans, banks can streamline and increase production potential way of loans and sales close rates and improve customer communication during the entire lifecycle loan.

On 6 May Neocene Paulo de Aaron, Madrid, Fujitsu will present, exclusively for its customers, developments in a sector that is growing and soon will be a high percentage of business development for many companies.

Fujitsu has focused its overall strategy for services for digitization centers on the needs that businesses today have to scan your documents. A market that, according to studies by the company, about 600 million euros in Spain.

For Jesus Cabañas, marketing manager for Fujitsu Products Integration, “at this time, digitization is a major media market of IT. Such services are particularly in demand by government and large account, enabling them to achieve significant cost reductions and implement an effective model to manage information in their organizations. Fujitsu’s bid to strengthen its position as a supplier of hardware and associated elements for companies involved in providing document services. ”

Impressions of Jesus Cabañas draw a scenario where markets are changing scanning. These changes, relocation of digitization centers of large cities and their implementation in remote areas, besides the growth of virtual environments that allow you to use these services, facilitate the work to the operators that can index and verify your data from scanned image. It is time for integrators to offer customers comprehensive solutions to addressing, to not only implement their projects, but also offer them additional services, such as the historic and maintenance.

Fujitsu’s strategy could be summarized in four basic points: to bet on technology, products specifically adapted to new environments, digitization, financial services for access to these solutions and a specialized channel program.

All these arguments will be developed on Thursday May 6 at 10:00 pm in Neocene Paulo. Those interested in attending the event, which will show the new market trends and business development, organized by the Aryan IT Wholesale Communications and Fujitsu, will have to contact