IT outsourcing

IT Outsourcing and Transformation – Numerix Video Blog Series

In this SECOND of a five-part video blog series Jim Jockle, CMO of Numerix sits down with Paul Rowady, Director of Research at Alphacution to discuss the recent FinTech Revolution. They discuss how firms are gearing themselves towards a digital culture, and how companies are working to distinguish themselves in this new age. The five videos cover the following: Part 1: Paralysis by Analysis: Preparation & Analyzation for Digital Disruption Part 2: IT Outsourcing and Transformation Part 3: Revolutionizing Fintech: Looking into the world of Data Automation Part 4: Technological Implications of Cultural Transformation Part 5: Digital Noise in the Fintech Space Jim Jockle (Host): What is the role of outsourcing? In the sense of at the end of the day traders are paid to trade. Financial advisors are paid to give advice and on the benefit and breadth of their customer base. Banks are meant to control and manage deposits. There’s still a fundamental core business but yet technology and the risk profile of all these institutions is the [...]

By | 2016-12-10T21:44:07+00:00 December 3rd, 2016|Alphacution Feed|

#PassingTheBuck: Deutsche Bank / Hewlett-Packard Enterprise Case Study (Part II)

Part I of this post can be found here Here’s the central question: After one year, does Hewlett-Packard Enterprise deliver tech savings for Deutsche Bank? (And, is this a harbinger or a template for other large banks and market participants?) With the Annual Report and other financial disclosures released on March 11, 2016, Deutsche Bank (DB) has completed its 2015 reporting. Our original curiosity here was to determine if a technology outsourcing alliance between Hewlett Packard Enterprise (HPE) and DB – which was announced about a year ago in late February 2015 – has resulted in any observable impact on the technology spending patterns at DB. With a fully updated model in hand, the results provide some strong signals – and some additional curiosities. Here’s what we find: First, estimated year-over-year spending on hardware and infrastructure – a component of TCO where HPE is expected to have the most impact – is down $405 million 2015 vs. 2014, which represents an 8% improvement during the period – and is about [...]

By | 2016-12-09T19:34:26+00:00 March 16th, 2016|Alphacution Feed|

#PassingTheBuck: DB-HPE Tech Outsourcing Deal, 1-Year Anniversary

Squeezing more performance from less costly technology footprints is a perpetual imperative for all businesses in the digital age. Unlike the latest – and ongoing – turbulence on the surface of the global markets seas, something slower, somewhat mysterious and much more evolutionary is going on down in the deep. One might argue that the largest global banks head the list of those businesses that are among the most in need of “more-for-less” transformation. As a result, monitoring the impact of events such as the Deutsche Bank – Hewlett Packard Enterprises information technology outsourcing (ITO) deal is of such importance. Alphacution has developed a detailed and quantitative case study to illustrate the bank- and business division-specific - impacts of this arrangement as well as the implications for improved monitoring of the transformations of other large entities in the financial services industry (FSI) ecosystem. First, some quick background:  On February 24, 2015, Deutsche Bank (DB) and Hewlett-Packard (since re-configured as Hewlett Packard Enterprises – or HPE) announced a 10-year,”multibillion dollar” agreement [...]

By | 2016-12-09T00:09:43+00:00 March 2nd, 2016|Alphacution Feed|