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
03 Sep 2024
TSB systems could be on the move again as BBVA eyes its parent
TSB was migrated to the systems of Sabadell in a project remembered for its monumental IT meltdown in 2018 Continue Reading
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Feature
28 Aug 2024
Updating taxation: Can AI and data analysis help with HMRC’s human resources problem?
HMRC resources are currently thinly spready in the aftermath of Covid and Brexit. Could automating systems using generative AI help HMRC’s digital transformation? 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
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News
06 Jan 2014
Is cloud computing almost too good to be true for banks?
The cloud’s most obvious benefits will enable banks to keep up with technology changes while reducing costs Continue Reading
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Photo Story
23 Dec 2013
IT at the WWF Living Planet Centre
WWF’s Living Planet Centre is one of the greenest buildings in the UK and aims to demonstrate to the public using technology how it is possible for people to live in harmony with nature Continue Reading
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Opinion
19 Dec 2013
User acceptance testing needs real training, not just a short course
In spite of its importance, user acceptance testing (UAT) is often chaotic, problematic and ineffective Continue Reading
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News
13 Dec 2013
Avon drops SAP big bang transformation
Cosmetics giant Avon has halted its multi-year SAP rollout due to a poor return on investment. Continue Reading
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News
05 Dec 2013
700,000 benefit claimants miss out on Universal Credit deadline
The secretary for work and pensions has admitted the Universal Credit benefit scheme will miss its 2017 deadline Continue Reading
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News
25 Nov 2013
150 subpostmasters file claims over 'faulty' Horizon accounting system
About 150 subpostmasters have filed claims to the investigation into the allegedly faulty Post Office accounting system used by thousands of subpostmaters Continue Reading
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News
19 Nov 2013
Human Capital Management
Computer Weekly looks at the steps companies have taken to improve talent management; bridging the gap between the cost savings promised by cloud technologies and the value they deliver. Continue Reading
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News
04 Nov 2013
Co-operative Bank’s future dependent on £500m IT investment
Co-operative Bank has set aside £500m for four stage IT transformation as it attempts to stabilise after investors contribute to a £1.5bn rescue Continue Reading
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News
31 Oct 2013
Companies are not taking advantage of data analytics, research says
Research by Bersin by Deloitte shows that 86% of businesses have yet to progress beyond using their HR data to generate basic reports Continue Reading
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News
30 Oct 2013
Former Lord Justice of Appeal Hooper joins Post Office Horizon investigation
The Post Office's Horizon accounting IT inquiry appoints former Lord Justice of Appeal Anthony Hooper to chair mediation stage Continue Reading
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News
28 Oct 2013
End in sight for sub-postmaster claims against Post Office's Horizon accounting system
Sub-postmasters' claims of errors made by the Horizon accounting system could be completed in three months Continue Reading
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News
24 Oct 2013
European Central Bank warns against last-minute Sepa migrations
The European Central Bank warns firms that have left migration to the Single European Payments Area (Sepa) they could face problems Continue Reading
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News
01 Oct 2013
Ministry of Defence upgrades Oracle HR and payroll system
The Service Personnel and Veterans Agency of the Ministry of Defence (MoD) has upgraded its Oracle HP and payroll system Continue Reading
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News
01 Oct 2013
UK trading sector faces challenges as US regulator prepare rules
UK trading firms will have to makes their trading software more resilient to ensure they comply with the imminent regulations being put together by the US SEC Continue Reading
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News
10 Sep 2013
CW Enterprise Software case studies
Brian McKenna presents 6 case studies on enterprise software drawn from the winners of Computer Weekly's European User Awards. Continue Reading
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News
09 Sep 2013
Lloyds website continuity hit as TSB launches
Lloyds Banking Group websites, including the new standalone TSB, have been hit by problems on TSB launch day Continue Reading
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News
05 Sep 2013
Direct debit failures costly to businesses
Businesses risk losing money and customers due to mistakes made when setting up direct debit and credit payments Continue Reading
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E-Zine
04 Sep 2013
Banks tighten data handling in race for compliance
Data is obviously a valuable asset to any company, but managed poorly it could also be a liability. Data in the financial sector continues to grow at a rapid pace, so getting your house in order will ensure you are not hit with any unwanted fines or receive any negative PR due to data loss. In this issue of CW Europe read how data discipline ensures you avoid data loss, as well as helping you to think clearer and to be organised. Continue Reading
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News
02 Aug 2013
Taylor Wimpey builds cloud forecasting process with Anaplan
Homebuilder Taylor Wimpy teams up with Anaplan to ditch its old Excel suite and head for the cloud Continue Reading
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News
15 Jul 2013
Lower uptake of cloud, ICT limiting medium-sized enterprises' productivity: CEBR
Medium-sized enterprises in the UK lagging behind large businesses in terms of productivity, because of lower adoption of ICT and cloud Continue Reading
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News
08 Jul 2013
Post Office Horizon system investigation reveals concerns
Investigation into the allegedly faulty accounting system used by sub-postmasters has revealed serious concerns Continue Reading
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News
18 Jun 2013
Investigation into Post Office accounting system to drill down on strongest cases
The investigation into the Post Office’s allegedly faulty accounting system will focus on a select few of the 47 claims Continue Reading
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News
11 Jun 2013
Lloyds customer complaints plummet after automating manual processes
Lloyds is claiming dramatic improvements in the quality of its customer service after automating manual banking processes Continue Reading
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News
06 Jun 2013
Sports performance data analytics fuels Opta’s business expansion
Football performance data could play a role in clubs’ scouting efforts, and even in footballer market evaluation, according to OptaSports Data Continue Reading
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E-Zine
05 Jun 2013
VDI and the enterprise app
Over 200 attendees headed down to Briforum recently for two days of in-depth discussions on VDI, application virtualisation, etc including a look at the current state of the market across Europe. CW Europe looks at how European businesses are utilising the technology. This month’s digital magazine brings you the leading stories and expert tips from across Europe. Continue Reading
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News
10 May 2013
CIO Interview: Graeme Hackland, CIO, Lotus F1 Team
Graeme Hackland, CIO of Lotus F1, has worked for the race car team for 16 years. He has seen major changes in IT both on and off the track Continue Reading
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News
02 May 2013
Report into Post Office Horizon system expected in July
The findings of an independent investigation into the Post Office's Horizon accounting system are expected to be published in July Continue Reading
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News
30 Apr 2013
Progress made on Lloyds Bank's Project Verde segregation
Lloyds Banking Group has reported good progress in its project to enable the systems for the new standalone TSB bank which will be sold off when complete Continue Reading
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News
10 Apr 2013
UK financial regulator FCA probes RBS IT failure
The Financial Conduct Authority (FCA) probes an IT failure at Royal Bank of Scotland that also affected NatWest and Ulster Bank customers Continue Reading
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News
14 Mar 2013
CIO Interview: Matthew Oakeley, global IT head of Schroders
Matthew Oakeley talks to Karl Flinders about his role as global IT head at investment management company Schroders Continue Reading
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News
07 Mar 2013
Hardware fault causes more RBS service outages
RBS and NatWest customers experienced disruptions to online and telephone banking services after hardware fault. Continue Reading
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News
12 Feb 2013
Barclays bank cuts UK jobs
Barclays will cut jobs in the UK as part of a total reduction of 3,700 staff after reporting a substantial drop in profits for the last 12 months Continue Reading
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News
04 Feb 2013
Reed jobs site chooses SAP Business ByDesign
Reed.co.uk recruitment agency has chosen cloud-based SAP Business ByDesign as part of an overhaul of its business applications strategy Continue Reading
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News
23 Jan 2013
European bank IT investment lags US and Asia-Pacific equivalents
Banks in Asia-Pacific and North America will increase their IT spending significantly more than those in Europe Continue Reading
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News
22 Jan 2013
Defra plans £80m agile CAP system
The Department for the Environment, Food and Rural Affairs (Defra) is planning a single integrated £80m Common Agricultural Policy system Continue Reading
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News
16 Jan 2013
Post Office wants to get to bottom of IT system allegations
A system that set out to modernise the Post Office in 1996 is under the spotlight after claims that Horizon accounting system is error prone Continue Reading
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News
14 Jan 2013
Post Office announces amnesty for Horizon evidence
The Post Office is calling for evidence from people who have used the Horizon IT system which some have blamed for accounting discrepancies Continue Reading
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News
07 Jan 2013
Barclays' Linux programme not a snub to suppliers
Barclays says it is not snubbing any supplier by developing a private cloud infrastructure and using Linux to cut software development costs by 90%. Continue Reading
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News
02 Jan 2013
Post Office admits that Horizon system needs more investigation
Campaigners have forced the Post Office to look again at a computer system blamed for sub-postmasters being wrongly accused of false accounting Continue Reading
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News
06 Dec 2012
CW Special Report on TCS
This 5 page special report from Computer Weekly gives you the facts on TCS, its strategy, products and services and financial performance. Continue Reading
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News
06 Dec 2012
CW Special report on Wipro
This 5 page special report from Computer Weekly gives you the facts on Wipro, its strategy, products and services and financial performance. Continue Reading
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News
06 Dec 2012
Mobile NFC in Transport
This in-depth report from the GSMA explains the opportunities for NFC Mobile communications in transport. Continue Reading
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News
03 Dec 2012
Financial Services Report: Reshaping ICT, Reshaping Business
This report from Fujtsu assesses the IT trends and prioirties in the financial services industry. Continue Reading
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News
26 Nov 2012
Ineffective computer system missed £1.4bn UBS fraud
The £1.4bn losses caused by a rogue trader at UBS could have been avoided, according to the Financial Services Authority (FSA) Continue Reading