Financial applications
Find news stories, analysis and case studies to help you best leverage financial applications to drive forward business and corporate strategies. Stay abreast of new financial applications developments, and get expert advice on how to evaluate corporate performance management (CPM) software, and manage corporate performance management systems. Learn how to best use software to improve financial management processes such as forecasting, planning and budgeting. And read about how to use financial analytics software to create performance dashboards to aid decision-making.
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News
09 Dec 2024
Inside Prudential’s AI strategy
Prudential is leveraging AI across its operations, from enhancing customer interactions and streamlining internal processes to empowering its workforce through upskilling initiatives Continue Reading
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News
09 Dec 2024
Post Office senior leadership warned of IT project data safeguarding risk
Post Office board members and senior executives have been made aware of the risk to data related to its ill-fated Horizon system replacement project Continue Reading
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News
18 Nov 2015
Post Office IT support email reveals known Horizon flaw
An email from Post Office IT support reveals a problem with the Horizon system and supporting processes that could lead to accounting errors Continue Reading
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News
17 Nov 2015
Deutsche Bank signs India’s HCL Technologies for digital services and systems integration
Deutsche Bank is expanding its long-established relationship with IT services supplier HCL Technologies as it forges on with its digital transformation Continue Reading
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News
26 Oct 2015
Oracle OpenWorld 2015: Larry Ellison vaunts Oracle’s cloud services over rivals
Larry Ellison promoted his company’s cloud services and berated rivals in his opening keynote at Oracle OpenWorld 2015 Continue Reading
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News
26 Oct 2015
Transforming Singapore Post through modern technology
When Singapore Post realised it had to change its business model to survive, it appointed its first CIO to front the technology transformation Continue Reading
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E-Zine
26 Oct 2015
Blockchain sparks change in banking industry
In this week's Computer Weekly, we find out why blockchain, the technology that underpins bitcoin, is making waves in the banking sector. EasyJet tells us why digital is increasingly important for airlines. And we look at the forces driving digital disruption and why some sectors are changing faster than others. Read the issue now. Continue Reading
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Feature
21 Oct 2015
Is digital disruption a threat or an opportunity for banks?
Banks have been relatively unaffected by the digital revolution that has transformed other industries – but that's about to change Continue Reading
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News
21 Oct 2015
James Arbuthnot takes Post Office IT fight to House of Lords
James Arbuthnot takes his seat in the House of Lords and continues campaign for subpostmasters who claim to have been wronged by faulty Horizon IT system Continue Reading
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News
19 Oct 2015
Opera chooses Workday over Oracle as it moves HR to cloud
Browser company Opera opts for slick internal IT as it competes with Apple and Google for skilled technologists Continue Reading
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News
15 Oct 2015
Why blockchain heralds a rethink of the entire banking industry
Blockchain, the distributed ledger technology behind bitcoin, is both a threat and an opportunity for financial services – and the banks are taking it very seriously Continue Reading
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News
05 Oct 2015
Workday seeks growth, not profit, as it expands in Europe
Cloud services company Workday is setting its sights on growth as it expands from cloud HR, to finance, learning and analytics Continue Reading
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News
29 Sep 2015
Nationwide Building Society deploys artificial intelligence to reduce back-end complexity
Nationwide Building Society is using artificial intelligence to help it reduce the complexity of its back-end systems as it introduces more digital products Continue Reading
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News
24 Sep 2015
Nordea Bank signs Temenos and Accenture for core banking transformation
Nordea Bank AB has chosen the core banking system it wants to build its digital future on, signing Temenos and Accenture as technology partners Continue Reading
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News
03 Sep 2015
Al Rayan Bank finds business agility in cloud applications
Al Rayan Bank believes its investment in cloud applications gives it an edge in business agility Continue Reading
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Feature
03 Sep 2015
Why Pegasystems' CEO, Alan Trefler, has learned to think smaller
Pegasystems has made its name supplying CRM, analytics and case management software to the world's largest companies. Now CEO Alan Trefler plans to use cloud computing to broaden Pega's appeal Continue Reading
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News
11 Aug 2015
Small IT firms most susceptible to going under due to late payments
Small businesses, particularly those supplying IT, should look at alternative financing models as late payments put them at risk of closure Continue Reading
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News
05 Aug 2015
Sage Summit 2015: The move to cloud technology and the death of ERP
Accountancy software firm Sage has released new cloud-based software, highlighting the gap between the use of cloud and on-premise in the workplace and declaring a move away from traditional ERP Continue Reading
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Feature
03 Aug 2015
Digital transformation needs business leaders to develop new skills
A panel of experts discuss the capabilities business leaders and corporate IT need to develop for digital Continue Reading
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News
23 Jul 2015
Software project will save Ford tens of millions a year in car repair bills
Car maker Ford is rolling out sophisticated warranty software to 12,000 dealers worldwide in a project that is expected to bring rapid financial returns Continue Reading
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News
15 Jul 2015
The obstacles to software-as-a-service adoption in banking
Security tops the reasons why banks don't use software as a service for banking-specific applications Continue Reading
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News
07 Jul 2015
Manchester City group joins forces with SAP to further global goals
The City Football Group, which includes Manchester City, has teamed up with SAP to further its global development goals Continue Reading
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News
07 Jul 2015
Campaigners call for independent inquiry into Post Office Horizon IT system dispute
George Freeman MP repeats Post Office claims that a report found no flaws in the Horizon IT system – but campaigners respond by calling for an inquiry Continue Reading
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News
30 Jun 2015
Top suppliers as UK software and services market approaches £50bn
The top five software and IT services firms in the UK are Capita, HP, IBM, Capgemini and Accenture, according to the latest figures from TechMarketView Continue Reading
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News
30 Jun 2015
Post Office looking to replace controversial Horizon system with IBM, says MP
Days could be numbered for controversial Post Office computer system at the centre of miscarriages of justice, according to one MP Continue Reading
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News
26 Jun 2015
Norway’s DNB was inspired by Danish bank for new app
DNB in Norway has taken inspiration from Danske Bank in Denmark when creating its latest payment app. Continue Reading
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News
23 Jun 2015
Pharmaceutical companies use BPM to cut cost of clinical trial drugs
Pharmaceutical companies have developed an IT system to secure the supply of medicines they need for clinical studies, saving hundreds of thousands on their drugs bill in the process Continue Reading
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News
19 Jun 2015
Legacy systems holding back 90% of businesses
Most businesses are being held back from making digital advances by their reliance on legacy applications Continue Reading
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News
17 Jun 2015
Royal Bank of Scotland goes back to 1970s values with big data
RBS, once the world's largest bank, is using analytics technology to go back to the era of personal customer service Continue Reading
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News
20 May 2015
IT system related to subpostmaster prosecutions under review by CCRC
The Criminal Cases Review Commission receives 20 applications from subpostmasters related to prosecutions for account shortfalls Continue Reading
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News
12 May 2015
Global banking IT group completes standardised IT architecture
The Banking Industry Architecture Network (Bian) has announced its standardised global IT architecture for banks Continue Reading
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News
08 May 2015
Use of Halifax mobile banking app doubles
Halifax customers logged into their bank accounts 40 million times in March 2015, double the amount in the same month in 2014 Continue Reading
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News
06 May 2015
EU revamp of payment services draws nearer
The EU cannot afford to continue with costly payment services if it wants to be globally competitive, says MEP Continue Reading
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News
05 May 2015
Sapphire 2015: McDermott declares SAP natively digital
SAP CEO Bill McDermott declares the company “digital” at Sapphire 2015 and made “empathy” the watchword of his keynote Continue Reading
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News
29 Apr 2015
Criminal Courts Review Commission set to review subpostmasters' claims of wrongful prosecution
The Criminal Courts Review Commission (CCRC) reviews subpostmasters' claims of wrongful prosecution by the Post Office due to IT problems Continue Reading
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News
24 Apr 2015
Poor customer engagement at banks opens door to competitors
Customer experience levels at banks have failed to improve for the second year in a row and customers are more likely than ever to leave their bank Continue Reading
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News
24 Apr 2015
Changing IT trends power banking in Norway
Norway's banking system is undergoing a seismic shift in technology as the country aims for a fully digitised society Continue Reading
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News
21 Apr 2015
SAP core banking platform will ease Deutsche Bank split following strategic retail review
Deutsche Bank plans a major IT project as strategic review advises spinning off its retail operations – but its SAP platform will ease the split Continue Reading
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News
20 Apr 2015
Post Office failed to investigate account shortfalls before legal action, report claims
Post Office too quick to take legal action against subpostmasters, finds independent report Continue Reading
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News
14 Apr 2015
Lintel bank steers clear of traditional bank IT development
Lintel Bank applies for a UK banking licence and plans to join a growing number of new banks taking on the high street incumbents Continue Reading
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News
02 Apr 2015
Foods manufacturer ConAgra expects to save $5m a year with data analytics
Food manufacturer ConAgra Foods is using data analytics technology to improve how it makes decisions about hiring and deploying its workforce Continue Reading
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News
31 Mar 2015
IT is more important than marketing for banks
IT spending will grow at the expense of other areas such as marketing as optimism in financial services increases Continue Reading
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News
30 Mar 2015
KPMG teams up with Microsoft to boost enterprise cloud adoption
Advisory firm to draw on Microsoft technologies to deliver cloud-based data analytics, and business transformation services to clients Continue Reading
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News
27 Mar 2015
Talk Talk moves HR systems to cloud
Managers now have accurate information on their workforce numbers, salary and overtime costs Continue Reading
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News
27 Mar 2015
Retiring MP aims to uncover truth of alleged Post Office computer system problems
Retiring MP James Arbuthnot is determined to get to the bottom of problems with the Post Office system that led to subpostmasters being blamed for account shortfalls Continue Reading
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News
25 Mar 2015
Monitise no longer up for sale
Mobile banking software company Monitise to continue as an independent company rather than seek to be taken over Continue Reading
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News
24 Mar 2015
MPs seek reassurance over Post Office mediation scheme
Business Innovation and Skills (BIS) select committee seeks reassurances over the Post Office mediation scheme Continue Reading
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News
23 Mar 2015
Sabadell to migrate TSB IT to proprietary banking platform with £450m sweetener
Spanish bank Sabadell will move TSB IT systems to its own in-house core banking platform Continue Reading
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News
19 Mar 2015
Current account comparison from Gocompare announced in Budget 2015
The government used the Budget to announce changes in the banking sector that will increase consumer and business choice Continue Reading
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News
13 Mar 2015
IBM could create blockchain-based digital payments infrastructure for central banks
IBM has held informal talks with some central banks about building an infrastructure that can provide them with bitcoin-like digital payments systems Continue Reading
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News
11 Mar 2015
Post Office ends working group for IT system investigation day before potentially damaging report
The Post Office closed a working group involved in an investigation into claims against allegedly faulty accounting software used by subpostmasters Continue Reading
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News
04 Mar 2015
Latest new UK bank launches virtually
Challenger financial services firm Charter Savings Bank has been launched, taking advantage of the lower cost of a virtual presence Continue Reading
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News
03 Feb 2015
Post Office CIO would talk to any subpostmaster about IT problems, promises CEO
The CEO of the Post Office defended the organisation’s support for users of its accounting system in a select committee inquiry into alleged problems Continue Reading
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News
28 Jan 2015
Post Office faces grilling by MPs over Horizon accounting system
The Post Office faces a grilling by MPs over its mediation scheme for subpostmasters penalised by its Horizon accounting system Continue Reading
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News
21 Jan 2015
MPs force inquiry into Post Office subpostmaster mediation scheme
MPs force inquiry into Post Office scheme to redress grievances of subpostmasters claiming to have been wrongly punished for false accounting Continue Reading
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News
20 Jan 2015
SAP’s Cohen on 2014 results: Europe strong north and south
SAP’s Emea president Franck Cohen optimistic about the supplier’s growth prospects in southern and northern Europe Continue Reading
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News
08 Jan 2015
Sainsbury's Bank IT system problems a warning to new banks
Sainsbury's Bank has experienced IT problems that left customers unable to use their credit cards for a day Continue Reading
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News
07 Jan 2015
Oracle will lose out unless it changes its software licensing
In an open letter, Campaign for Clear Licensing highlights the risk to Oracle’s future earnings due to aggressive licensing Continue Reading
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News
07 Jan 2015
Case study: UniCredit uses Fico to apply prescriptive analytics to risk management
Italian bank UniCredit is using Fico software to apply prescriptive analytics to risk management Continue Reading
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News
18 Dec 2014
MP accuses Post Office of acting "duplicitously" in IT investigation
MPs claim Post Office was being "high handed" towards MPs and running a "flawed, deteriorating" accounting system Continue Reading
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News
16 Dec 2014
MPs to debate subpostmaster IT injustice claims
Debate about the Post Office scheme to redress grievances of subpostmasters will be held in Westminster Hall Continue Reading
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News
10 Dec 2014
Why MPs lost faith in the Post Office's IT investigation, but vowed to fight on
A group of 140 MPs has removed its backing for a Post Office scheme to redress subpostmasters' grievances over alleged false accounting Continue Reading
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News
08 Dec 2014
MPs blast Post Office over IT system investigation and remove backing
Post Office scheme to redress sub-postmaster grievances over IT system is failing, say MP group supporting alleged victims Continue Reading
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Feature
27 Nov 2014
In-store retail experience evolves with the demands of tech-savvy shoppers
The increasing demands of today's "always-connected" shoppers are redefining the in-store buying experience Continue Reading
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News
21 Nov 2014
HSBC launches Paym for business
HSBC launches Paym capabilities to allow business customers to receive payments using mobile phone numbers Continue Reading
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News
18 Nov 2014
Worldpay processes billionth contactless payment
Supermarkets account for most contactless payments as payments company Worldpay processes its billionth contactless payment Continue Reading
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News
11 Nov 2014
Qantas puts Oracle ERP in the cloud with Tata Consultancy Services
Airline Qantas signs IT outsourcing services firm TCS to upgrade its Oracle ERP platform and move it into the cloud Continue Reading
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Feature
30 Oct 2014
Currency exchange business Travelex cuts HR costs by 25% with cloud IT systems
Travelex's cloud human resources (HR) project survived a budget overrun to cut costs and job recruitment times Continue Reading
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News
27 Oct 2014
CIO interview: David Johnstone of Martin Currie Investment Management
The head of solutions management at the asset management firm discusses IT projects and the changing role of IT leaders Continue Reading
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News
08 Oct 2014
Retailers buy into Zapp mobile wallet
Large retailers such as Sainsbury’s and House of Fraser will allow customers to pay using the Zapp mobile wallet service. Continue Reading
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News
30 Sep 2014
Oracle OpenWorld 2014: Xerox aligns business and IT in streamlining applications
Xerox's IT division has been working with the business to standardise its HR management on a global basis Continue Reading
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News
24 Sep 2014
Lloyds creates online appointment booking in attempt to save branches
Lloyds Bank has introduced a system which allows customers to book in-branch appointments online Continue Reading
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News
18 Sep 2014
Customer loyalty biggest challenge for banks
Banks have cited customer loyalty as their main concern, according to a survey by financial services firm Temenos Continue Reading
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News
17 Sep 2014
KPMG: IoT, 3D printing and healthcare IT to have most impact
Internet of things (IoT), 3D printing and biotech or healthcare IT are among the IT trends that will change the way people work and live Continue Reading
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News
16 Sep 2014
TfL contactless payments go live
TfL’s contactless card payment scheme goes live today, enabling customers to pay for London transport on contactless bank cards Continue Reading
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News
12 Sep 2014
Claims against Post Office IT system approach completion
Investigation into sub-postmaster claims against the Post Office over problems with its Horizon accounting system coming to an end Continue Reading
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News
10 Sep 2014
Fresh questions raised over Post Office IT system's role in fraud cases
A leaked report has revealed more details about the role of the Horizon accounting system in sub-postmaster fraud cases Continue Reading
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E-Zine
08 Sep 2014
How cloud is saving lives
In this week’s Computer Weekly, we look at how the power of public cloud is helping scientists to tackle diseases such as cancer and malaria. Big banks are turning to tech startups for innovation – we ask why. And our latest buyer’s guide examines micro-datacentre technologies. Read the issue now. Continue Reading
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News
05 Sep 2014
Barclays bank launches biometric authentication
Barclays bank plans to launch biometric readers that read users' finger veins to authenticate customers Continue Reading
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News
21 Aug 2014
Load balancing supports Kent County Council's VDI project
Kent County Council picks Kemp Technologies load balancers to support a deployment of VMware Horizon View and Workspace across its estate Continue Reading
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News
19 Aug 2014
FT turns to cloud to manage advertising bookings
Business newspaper replaces 20-year-old ad-booking system with a cloud-based service Continue Reading
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News
06 Aug 2014
George Osborne launches fintech innovation programme
Chancellor George Osborne launches a programme designed to put the UK at the forefront of financial technology (fintech) innovation Continue Reading
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News
04 Aug 2014
Contactless payments continue to rise
Contactless transactions have increased by 189% since May 2013, according to Visa Europe. Continue Reading
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Feature
24 Jun 2014
Unilever puts SAP at the captain’s table
Consumer goods company Unilever works hand in glove with SAP in “speeding up its growth”, according to senior executives at the two firms Continue Reading
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News
16 Jun 2014
Travel group Expedia aims to predict your holiday plans
Travel group Expedia is developing technology that will predict the needs of its customers before they call about their travel plans Continue Reading
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News
11 Jun 2014
Tesco Bank launches current account on off-the-shelf platform
Tesco has launched a current account four years after implementing its core banking platform Continue Reading
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News
03 Jun 2014
High availability strategy key to saving costs, says Sungard AS
The cost of IT downtime is extremely high for businesses – but must all systems and applications be highly available all the time? Continue Reading
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News
19 May 2014
SAP certifies core business apps to run on Microsoft Azure
From June, users of SAP Business Suite software, Business All-In-One solution, SAP Mobile Platform, SAP Adaptive Server Enterprise and Hana platform will be able to run them on Azure Continue Reading
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News
15 May 2014
Justifying the business case to update Oracle eBusiness Suite
To justify the upgrade cost needed to move to Oracle eBusiness Suite Release 12, IT departments need consider how the implementation can deliver value. Continue Reading
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News
01 May 2014
Co-operative Bank report reveals challenge of legacy IT replacement
A report into the £1.5bn losses at Co-operative Bank reveals numerous failures in a project to replace core banking systems Continue Reading
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News
30 Apr 2014
SDL turns to cloud HR to join up businesses in 40 countries
The technology is central to the company’s strategy to integrate formerly autonomous businesses in 38 countries into a single operation Continue Reading
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News
16 Apr 2014
Q&A: SAP's Mike Ettling discusses SuccessFactors cloud HR strategy
Computer Weekly talks to Mike Ettling, global head of cloud and on-premise HR at SAP, about the company’s strategy for its SuccessFactors cloud HR technology Continue Reading
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News
08 Apr 2014
Workday sees opportunity for cloud financial management in Europe
Workday plans to push cloud finance and accounting services to enterprise in Europe, but observers say its background in HR technology may prove an obstacle Continue Reading
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News
03 Apr 2014
Competition from FinTech startups keeps big suppliers on their toes
Big suppliers in the financial technology space are becoming more agile because of the competition from startup technology companies Continue Reading
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News
20 Mar 2014
Application support and maintenance costs increase 29%
The cost of supporting and maintaining applications is increasing every year for Global 2000 companies in the US and UK, according to a study of 300 CIOs Continue Reading
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News
19 Mar 2014
Oracle finally sees revenue growth from hardware business
Oracle has finally seen a boost from its server business, with hardware sales up 8% in its latest financial results Continue Reading
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Photo Story
17 Feb 2014
UK IT spending will outpace rest of Europe in 2014
Computer Weekly research reveals the IT spending priorities for UK and European organisations in 2014. Continue Reading
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News
07 Feb 2014
Met Police releases ‘Total Technology’ IT strategy
The Metropolitan Police Service has released a three to four-year plan on how to transform the use of technology in the organisation Continue Reading
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News
04 Feb 2014
Satya Nadella replaces Steve Ballmer as Microsoft CEO
Microsoft has named Satya Nadella as CEO almost six months after former incumbent Steve Ballmer announced his retirement Continue Reading
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News
28 Jan 2014
BBC failed to get "sufficient grip” over failed DMI project, says NAO
The National Audit Office has slammed the BBC over its failed Digital Media Initiative (DMI), project saying the broadcaster was “too optimistic” and the BBC executive “did not have sufficient grip of the programme" Continue Reading
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News
21 Jan 2014
Allianz deploys Rumba to provide secure mainframe administration
Insurer Allianz UK has deployed Rumba terminal emulator software from MicroFocus to provide a mainframe-based policy admin system Continue Reading
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News
14 Jan 2014
Post Office seeks contractors for network and back-office work
The Post Office is looking for IT services firms to provide back-office IT applications and networking technologies in contracts worth hundreds of millions of pounds Continue Reading