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Since joining Akamai just over 2 years ago I have had the privilege to meet with Financial Services Institutions (FSIs) around the world and hear firsthand about their opportunities and challenges. It never ceases to amaze me how performance continues to play such a critical role in this industry, and how passionate and competitive people are about this. This passion exists firm-wide in many cases, and at the individual level.
As we begin a new year, it is worthwhile to look back at some of the events of 2011 - and project where some of the biggest challenges will lie ahead for us in 2012. Security threats to the online world of financial services were perhaps the number one threat in 2011, and the risks will continue to build in 2012.Akamai commissioned research by IDC Financial Insights to further understand
We have all seen the headlines of big layoff announcements in the finance industry. It seems the headlines are never ending. Tens of thousands of workers have been cut in 2011, and news articles are now appearing on what to expect in 2012.The above chart shows the layoffs for just a few firms. The total cuts across the industry are astounding. Banking analyst Dick Bove of Rochdale Securities puts the
Has there ever been a time like we are now experiencing in the world of banking? Banking consumers have been barraged by the media, consumer groups, and even Congress on how they are being mistreated and taken advantage of by their financial services firms. Of all the messages I've seen and heard, the most astounding was Senator Dick Durbin getting up on the floor of the U.S. Senate, urging consumers