software costs

Quantifying #Transformation | Numerix Video Blog Series

Understanding FinTech #Transformation: 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 concept of #Transformation. Jim and Paul provide their perspectives on the latest examples of transformation they’re observing in the financial services industry specifically around the cross section of IT spending trends, software vs hardware investment, human capital expense, IT infrastructure, data management and risk analytics innovations. The five segments cover: Defining #Transformation within Financial Services Quantifying #Transformation The Cost of #Transformation #Transformation and TCO: Hewlett Packard Enterprise & Deutsche Bank Case Study Investing in #Transformation: What’s the ROI? Video 2: Quantifying #Transformation Jim: Hi welcome to the Numerix Video Blog I’m your host Jim Jockle. Joining me today continuing our conversation “Quantifying Transformation” Paul Rowady, director of research at Alphacution. Paul, welcome back. Paul: Thank you Jim. Jim: We started the conversation as it relates to the definitions of transformations and some of the work you’re been doing – [...]

By | 2016-12-10T21:30:20+00:00 April 26th, 2016|Alphacution Feed|

#CrowdedOut: Banks’ Technology Spending Paradox

They really don’t have a choice here. And yet, in this “everything is customizable and personalize-able” world in which we now live, we have grown to expect that there is always an infinite spectrum of choices available. Not so much when it comes to banks’ spending on technical infrastructure. It turns out that internally-developed software costs (which we believe includes both proprietary and consultant-developed software) are the fastest growing component of our technology total cost of ownership (TCO) framework, which includes hardware, software, data and human capital. Of the 50+ large global banks that we have modeled so far, most of them throw off a similar picture as the one in the sample exhibit below of a large APAC bank. Here the accumulated net carry value of software is being driven almost exclusively by spending on internally-generated software – and far outstripping the growth in spending on computer hardware / equipment. Furthermore, it doesn’t matter if the bank is in the Americas, Europe, Asia or anywhere in between. Most of [...]

By | 2016-12-08T23:54:12+00:00 February 11th, 2016|Alphacution Feed|

#DigitalTransformation: Clues to Shifting Financial Services Technology (Part I)

Digital crumbs are everywhere. Like the fabled trail left behind for others to follow and discover, there are fascinating clues to be harvested from increasingly abundant data. Yes, the fast-streaming and big data versions of these digital crumbs offer untold clues and patterns – but only seen after applying the latest apparatus to the chore. There are also amazing clues to be discovered by picking up one crumb at a time (often by hand) - and then assembling that collection into a vivid prototypical picture. One of the most potent forms of data innovation comes from such manual assembly of these “crumbs” followed by process refinement, technology deployment, iteration of these steps and ultimately increasing levels of automation. It’s not the glamorous end of the data innovation assembly line, but it is absolutely necessary to get there. (Thank the folks in your enterprise data management group if you like the flow of analytics to your desktop or mobile device.) Anyway, here’s a potent case in point: Some of these so-called [...]

By | 2016-12-08T22:13:24+00:00 November 2nd, 2015|Alphacution Feed|