plus 3, Wachovia Corporation - IT Sales Opportunities - 2008 - TMCnet

Wachovia Corporation - IT Sales Opportunities - 2008 - TMCnet

Posted: 02 Apr 2010 02:58 AM PDT

(M2 PressWIRE Via Acquire Media NewsEdge) Wachovia Corporation (Wachovia) is a financial and bank holding company. It provides commercial and retail banking, and trust services through full-service banking offices in Alabama, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Illinois, Kansas, Maryland, Mississippi, Nevada, New Jersey, New York, North Carolina, Pennsylvania, South Carolina, Tennessee, Texas, Virginia and Washington, D.C. Company also provides various other financial services, including mortgage banking, investment banking, investment advisory, home equity lending, asset-based lending, leasing, insurance, international and securities brokerage services, through other subsidiaries. The company's retail securities brokerage business is conducted through Wachovia Securities, LLC, and operates in 49 states.( http://www.bharatbook.com/detail.asp?id=113956&rt=Wachovia-Corporation-IT-Sales-Opportunities-2008.html ) Industry trends and drivers have a direct or indirect affect on IT spending of all companies operating within an industry. For example - increased threat perception and incidence of fraud would result in increase in demand for security software and hardware. Thus, we can conclude that industry spending on any particular IT product or service is an important indicator of the criticality of that product or service for the industry. Based on the IT spend information available in 'TechNavio', we have computed a 'criticality score' for various IT products and services, for Wachovia.

Various company level developments and events are important indicators of selling opportunities and drive the sales of IT products and services. For example - an acquisition by Wachovia might result in opportunities for IT migration and integration services. By tracking these sales drivers (using 'TechNavio'), we have arrived at a demand score for each product and service.Through an in-depth analysis of industry trends and drivers and company level developments and events, we have made the 'IT Selling Opportunities Map' for hardware, software and IT services for Wachovia. These maps have been divided into four zones representing Level I, Level II and Level III opportunity areas. Level I opportunity areas have the highest scores and hence, there is a high probability that Wachovia will buy these products and services. Level II opportunity areas have lower scores and hence, lower probability to sell to Wachovia. Level III opportunities have the lowest scores and hence, unlikely to sell to Wachovia.
The report is meant for IT vendors and intends to help them identify selling opportunities within the company. Further, the identified sales drivers can be used to penetrate these accounts or increase current share of the customer''s wallet. Also, the report lists key IT spending decision makers, which will enable salesperson to directly contact the key executives within the company.

TechNavio Insights is a set of reports based on TechNavio - a market intelligence platform for the IT industry. It builds on the intelligence available within TechNavio, and leverages on the custom research experience of the ''Technology Navigators''. TechNavio is built on years of experience of Infiniti Research in deep dive custom research and consulting for over 30 Fortune 500 companies and numerous large and mid-sized companies.
To know more and to buy a copy of your report feel free to visit : http://www.bharatbook.com/detail.asp?id=113956&rt=Wachovia-Corporation-IT-Sales-Opportunities-2008.html ((Comments on this story may be sent to info@m2.com)) (c) 2010 M2 COMMUNICATIONS

[ Back To TMCnet.com's Homepage ]

Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction.

This posting includes an audio/video/photo media file: Download Now

Myanmar launches online banking services - TMCnet

Posted: 02 Apr 2010 07:58 AM PDT

YANGON, Apr 02, 2010 (Xinhua via COMTEX) -- The state-owned Myanmar Economic Bank (MEB) started launching a quick-cash online banking services Friday to facilitate customers in exchanging cash with the use of smart card, sources with the bank said.

Working with the state-run Myanma Posts and Telecommunications, branches of the MEB in Yangon and Mandalay will provide full time service using ADSL, IPStar systems and fiber optics cables to go online, the sources said.
MEB said it has experienced online banking system since May 2007 in collecting insurance premium from those leaving for foreign countries at Internal Revenue Department in Yangon and in collecting deposit for submitting passport at Passport Office in Yangon, and in providing one stop service at one of the Yangon branch.
Test-run of such online banking services has proved workable with smart card, the sources added.
Meanwhile, Myanmar has also introduced a banking network system in some six banks in the country to interlink state and private banks to facilitate traders for banking transactions, according to the Bankers Association.
The system, being practiced with Yoma bank, Myanmar Citizens Bank, Tun Foundation Bank, Myanmar Foreign Trade Bank, Myawaddy Bank and Myanmar Industrial Development Bank, is carried out by local information technology companies of MIT and Global Net.
There are four state banks and 15 private banks in Myanmar all governed by the government's Central Bank.

[ Back To crm.tmcnet.com's Homepage ]

Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction.

RDSI Contracts With Edon State Bank - Investors Business Daily

Posted: 02 Apr 2010 08:48 AM PDT

RDSI Contracts With Edon State Bank

Posted 11:47 AM ET

Apr 02, 2010 (FinancialWire via COMTEX) -- (Comment on this article at http://www.financialwire.net/2010/04/02/rdsi-contracts-with-edon-state-bank/)
April 1, 2010 (FinancialWire) -- Rurban Financial Corp. (RBNF), a provider of full-service community banking, investment management, trust services and bank data and item processing, said Edon State Bank, of Edon, Ohio, has selected the Single Source(TM) core banking application being offered exclusively through RDSI Banking Systems.
Rurban Financial Corp. is a publicly-held financial services holding company based in Defiance, Ohio.
FinancialWire(tm) is committed to serving the financial community through true journalism and providing relevant resources to investors. Standards-based, independent equity research on numerous public companies is available through the Investrend Research Syndicate (http://www.investrend.com/reports) written by FIRST Research Consortium (http://www.investrend.com/FIRST) member-providers. Free annual reports and company filings for companies mentioned in the news are available through the Investrend Information Syndicate (at http://investrend.ar.wilink.com/?level=279). FinancialWire(tm), in cooperation with the Investrend Broadcast Syndicate, also provides complete, daily conference call and webcast schedules as a service to shareholders and investors via the FirstAlert(tm) Network's "FirstAlert(tm) Daily" (http://www.financialwire.net/news-alerts/).
FinancialWire(tm) is a fully independent, proprietary news wire service. FinancialWire(tm) is not a press release service, and receives no compensation for its news, opinions or distributions. Further disclosure is at the FinancialWire(tm) website (http://www.financialwire.net/disclosures.php). Contact FinancialWire(tm) directly via inquiries@financialwire.net.

http://www.financialwire.net
(C) 2010 FinancialWire(TM); Div., Investrend Communications, Inc. All rights reserved.

Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction.

Clydesdale Bank urges Cambridge businesses to chase ... - PRLog (free press release)

Posted: 02 Apr 2010 03:48 AM PDT

PR Log (Press Release) – Apr 02, 2010 – Cambridge, England--A leading figure in the Cambridge banking sector is calling on businesses to actively pursue new international trading opportunities in an effort to counter the UK economic downturn.
Martin Guildford, Clydesdale Bank's managing partner for Cambridge, said the diverse range of sectors operating in the East of England meant the region was well placed to capitalise on the international demand for UK products and services.
As well as being home to one of the world's leading technology clusters in Silicon Fen, the extensively rural region is also the base for major agricultural businesses and a flourishing food and drink sector.
Martin said: "A number of years ago, Far East exporters were able to profit from the huge demand for cheap consumer goods on the basis of cost. Following the international downturn, there has been a flight to value for money and quality, and we are well-placed to benefit in this region.
"Countries such as Russia, India and China are experiencing a tremendous growth in the classes with high disposable income. The skills, expertise and products on offer from East of England companies are being exported around the world in growing numbers. More companies should be riding that wave of demand during a period when their domestic market may have contracted."
Many of the region's firms and business have cited a lack of bank funding for hindering expansion plans, not just internationally, but also in the domestic market. Martin counters that argument with the fact that the Bank's doors have remained open for business throughout the economic downturn.
Last year Clydesdale Bank lent £4.1bn to UK businesses and at the end of 2009, pledged its commitment to the East of England economy with a further lending commitment of £1bn over the next two years to business and mortgage customers.
Martin said: "Ultimately, the lending decision has to be a commercial one based on the information available to the bank, the perceived risk and of course the business' continued ability to meets all its financial commitments, not just those to the bank.
"Banks want to lend money to sound businesses and are committed to helping SMEs and larger corporate organisations find financial solutions to meet their individual needs."
While there are a host of opportunities available for East of England businesses, Martin said companies should also be aware of a number of issues such as the security and stability of the country in which they are hoping to trade, international legislation, letters of credit and varying exchange rates.
He added: "A stumbling block for many businesses in their pursuit of new international markets is a not necessarily a lack of bank funding but a lack of local knowledge, particularly in the areas of international exchange rates and the basic question of – 'Will I get paid for this?'"
Enquiries:
Clydesdale Bank
Financial Solutions Centre
1st Floor Terrington House
13-15 Hills Road
Cambridge
CB2 1NL
Contact: Martin Guildford, Managing Partner
Tel: 01223 444000
E-mail: martin.guildford@ eu.nabgroup.com
Web: www.cbonline.co.uk
Clydesdale Bank
Clydesdale Bank is part of the National Australia Group. Clydesdale Bank was established in 1838 in Glasgow and has a proud history of innovation and support for Scottish industry and communities. With over 150 retail branches and a network of Financial Solutions Centres, Clydesdale is one of Scotland's largest banks. The Bank is currently expanding its operations into the South of England with its innovative Financial Solutions Centres, offering customers a highly integrated business and private banking service.
Financial Solutions Centres
Clydesdale Bank Financial Solutions Centres (FSC) offer Members a tailored range of business and private banking services under one roof. A team of specialist partners, each with considerable local experience, work together to provide Members with end to end solutions for their business and private banking needs. In addition to banking services, the FSCs also operate as a hub for local business, with a range of networking opportunities and meeting facilities available as a benefit of membership.
Over 70 FSCs are located around the UK and in 2006 represented over half of the National Australia Bank Group's UK income.
Issued by:
Murdoch MacDonald
Fame Publicity Services
E-mail FamePublicity@ gmail.com
Web: http://www.famepublicity.co.uk
Telephone: 01292 281498
Mobile: 07833 667322

Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction.