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Inside Nasdaq’s AI-fueled pivot to SaaS provider

CIO Business Intelligence

Nasdaq, which went public in 2005, employs 7,000, roughly 3,000 of which are devoted to its massive IT organization, which develops an expanding range of technology products, including the trading system, security and surveillance software, and, increasingly, SaaS. We’ve become the Salesforce or Workday for the financial industry,” he says.

Financial 114
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New US CIO appointments, August 2023

CIO Business Intelligence

Jason Strle joins Discover as CIO Jason Strle, Discover Discover Discover Financial Services is a digital banking and payment services company that issues the Discover card and operates Discover Global Network, PULSE, and Diners Club International. Strle joins Discover from Wells Fargo and he held previous roles at JP Morgan Chase.

Hotels 89
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Peer-to-peer banking - Trends in the Living Networks

Trends in the Living Networks

The principle is simple – you lend to individuals at interest rates based on their credit rating, and since you’re cutting out the bank as middleman, both lender and depositer get more attractive interest rates than they can get commercially. Banks are the archetypical intermediary, in this case between depositers and lenders.

Banking 83
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Endgame Announces Advisory Board with Commercial and Federal Technology Expertise

CTOvision

Shelley Leibowitz Shelley Leibowitz served as the first Group-wide Chief Information Officer at the World Bank. In this role, she was responsible for the technology services and capabilities that underlie the work of delivering quality knowledge and financing products to the Bank Group’s clients across the globe. Previously, Ms.

Banking 268
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Tech Moves: Outreach and Flyhomes marketing chiefs depart; startup studio Pienza grows team

GeekWire

Hobson has been a member of the coffee giant’s board since 2005 and is currently the co-CEO of asset management firm Ariel Investments. Somalya was most recently SVP and deputy general counsel at Fifth Third Bank, a consumer bank headquartered in Ohio. Dave Rigotti. Dave Rigotti Photo).

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The HP-Autonomy lawsuit: Timeline of an M&A disaster

CIO Business Intelligence

Its Agentware internet search tools are used by enterprises including Barclays Bank and Unilever and sold as shrink-wrapped software through retail outlets. November 2005: Autonomy agrees to buy search technology developer Verity for $500 milllion, its third acquisition of the year after NCorp (in February) and etalk (in June).

HP 105
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Sell-side banks become consultants - Trends in the Living Networks

Trends in the Living Networks

As such, the emerging domain of algorithmic trading – which largely automates trade execution – is in fact providing new ways for investment banks to create high-value relationships with the clients. However even greater value can be created by adding explicit value to clients’ decision-making processes.

Banking 60