Over the last few years, a number of disruptive technologies have developed that threaten companies by changing their supply chains. The prime focus of the introduction of Blockchain technology is to change Financial Services, but this technology will also have
Supporting the Agile Development Paradigm with Agile Testing Sandboxes
Organizations are now, to some degree, aiming to move to an agile development methodology as it offers many benefits including faster delivery and better quality releases of functionality that customers want thus leading to better satrisfied and more loyal customers.
Agile Testing Sandboxes PSD2
Agile Testing Sandboxes help to address the requirement of the Payment Services Directive 2 (PSD2)
The Payment Services Directive 2 (Directive 2007/64/EC), perhaps better known as PSD2, was adopted by the European Parliament and Council and is set to impact
Agile Testing Sandboxes and the General Data Protection Regulation (GDPR)
According to Wikipedia: “The General Data Protection Regulation (GDPR) (Regulation (EU) 2016/679) is a Regulation by which the European Commission intends to strengthen and unify data protection for individuals within the European Union (EU). It also addresses export of personal
Fintech Article Roundup - April 2016
Following the completion of the Accenture Fintech Innovation Lab in Dublin 2016 we have a look at what is happening in Fintech from 5 different perspectives.
1. According to Citigroup approximately $19 Billion was invested into the fintech sector over
Best Easter Wishes From Ostia
Future Fintech and Banking
Global investment in fintech ventures tripled to $12.21 bn in 2014 from $4.05 bn in 2013
In recent research that Accenture carried out they looked at how digital disruption has the potential to reduce the role and relevance of todays
Digital Disruption in Fintech – It’s not just about customers
The concept of digital disruption within the Fintech world regularly addresses the issue of customer requirements not being satisfied fully if at all. This leads either to customer churn when apps delivered by banks and financial institutions don’t live up
Traditional Banks v Online and Mobile Options
Currently traditional banking is swamped with numerous competitive challenges, from competitors, some brand new, to others who have been around for a considerable time and are using the latest technologies.
Traditional banks see the disruptive changes that are taking place
Retail Banking Industry - The future is here
Many traditional banks need to choose the digital direction that they are going in.
Some have forged ahead, as outlined in this piece below, while other banks continue to find many roadblocks in their path, many of which are placed
Happy New Year from Ostia
Happy Holidays from The Ostia Team
Biggest Trends in Fintech
In this piece John Power (CEO - Ostia Solutions) comments on two recent articles and three infographics on developments in the Fintech sector.
A quote attributed to Bill Gates in 1997 where he had said, “We need banking but
Service Virtualization and Docker
Definition of Docker
Docker and the concept of software containers are getting a lot of airtime these days.
According to Wikipedia “Docker is an open-source project that automates the deployment of applications inside software containers, by providing an additional layer
E-Commerce and ICT Activity - Infographic
This Infographic is based on the E-Commerce and ICT Activity Report released in 2014.
Estimates of the values of e-commerce and the adoption and use of Information and Communication Tech by UK businesses are provided in the report. The source
Banking IT Budgets in 2015 - Infographic
A recent survey of CIOs and IT decision makers in the U.S. banking industry about their budgets and project priorities highlighted some interesting information, such as:
1. The two largest sectors of IT spending for U.S. banks for 2015 are
Transforming your IT systems
Reacting to business drivers in an agile manner
Ostia have developed processes and tools to discover and automate the documentation of an organisation’s core transactional systems.
This facilitates informed IT decision making in response to today’s key business drivers and
Delivering Against Deadline and Budget Constraints
The Situation
The Spanish Government passed legislation, called law of electronic access by citizens to public services (LAECSP). That the citizen is “just a click away".
The Diputación of a major Spanish city found itself under the twin pressures of
Film Catalogue Stats Show 240% Increase in Sales
The Situation
Purchases from a well established *German media company's extensive and historic film catalogue could only be made over the phone.
The company recognised that it was losing a significant opportunity as their catalogue was not available online, however
Local tax system delivered as web app in 6 weeks
Over the coming weeks we are looking at some of the situations organisations across varied sectors of the marketplace have had to deal with, the solutions that were implemented, and the results that transpired.
The Situation
Spanish Central Government passed