“The recent TOSCA initiative has made interoperability for cloud computing closer than ever,” observed Andrew Hillier, co-founder and CTO of CiRBA, in this exclusive Q&A with Cloud Expo Conference Chair Jeremy Geelan. “However, until players like Amazon and Google join in,” Hillier continued, “it will be difficult for organizations to move from one cloud to the other without risks to their data and infrastructure.”
Cloud Computing Journal: Agree or disagree? – "While the IT savings aspect is co...| By Marketwire . | Article Rating: |
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| March 10, 2010 05:23 PM EST | Reads: |
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BOSTON, MA -- (Marketwire) -- 03/10/10 -- Bonaire Software Solutions, LLC, a leading provider of financial services software solutions to investment managers, fund administrators, mutual funds, wealth managers, broker dealers and RIAs, announced that it has completed a proprietary market research study to establish a baseline and to capture trends related to operational efficiency and margins associated with revenue management and fee billing. In today's economic environment, finding ways to automate mission critical processes, save time and money is essential.
Fee and revenue management affect a firm's profitability from a cost as well as an income perspective. Bonaire's proprietary research indicates that the cost drivers associated with accurate fee and revenue management are increasing and changing. The revenue side of the equation can be negatively affected by late billing, under billing, over billing, not billing or the damage to advisor or customer relationships by any of the above. The cost of not addressing a firm's fee and revenue management model is too great to ignore.
The top findings from the research include:
-- 65% of all firms reporting have had to accommodate changes in fee
schedules or products
-- 30% of firms reporting admit to experiencing fee leakage
-- 44% of investment managers report that their fees have decreased
-- 83% report that account volumes have increased
-- 77% report that they expect Compliance to increase over the next 3 years
To receive the complete survey results, contact Scott Fitzpatrick at sfitzpatrick@bonairesoft.com
About Bonaire Software Solutions, LLC
Bonaire is focused on providing software and services solutions to the asset management industry. Clients include industry leading investment managers, fund administrators, mutual funds, wealth managers, banks/trusts and retirement services providers.
Based in Boston, MA, and London, UK, Bonaire is a privately held company founded in 1999. Bonaire's software products are available for installation at the client site as well as a SaaS, fully managed hosted option. For more information about Bonaire Software Solutions, please visit www.bonairesoft.com
Media Contacts:
UK
Bonaire Software Solutions
Gary Liley
+44 (0) 207 763 6102
Email Contact
US
Bonaire Software Solutions
Scott Fitzpatrick
001 617 338 0107 x116
Email Contact
Published March 10, 2010 Reads 699
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There is a data deluge coming and most enterprises are preparing to integrate or introduce technologies for handling the big data in the existing IT setup. There are several challenges that enterprises face in integrating the Big Data technologies with existing IT setups.
In his session at the 10th International Cloud Expo, Vineet Tyagi, Head of Impetus Labs at Impetus Technologies, will share strategies for de-risking integration of Big Data technologies in your IT portfolio and exemplify seve...
“The definition of cloud and cloud services continues to evolve,” observed Robert Crespi, VP, CIO at Cervalis, in this exclusive Q&A with Cloud Expo Conference Chair Jeremy Geelan. “As such it is difficult to predict the growth,” Crespi continued, “we see more and more customers migrating to a cloud model with virtualization as it core.”
Cloud Computing Journal: Agree or disagree? – "While the IT savings aspect is compelling, the strongest benefit of cloud computing is how it enhances business ...
With Cloud Expo 2012 New York (10th Cloud Expo) just over three months away, what better time to start introducing you in greater detail to the distinguished individuals in our incredible Speaker Faculty for the technical and strategy sessions at the conference...
We have technical and strategy sessions for you every day from June 11 through June 14 dealing with every nook and cranny of Cloud Computing and Big Data, but what of those who are presenting? Who are they, where do they work, what ...
Very few trends in IT have generated as much buzz as cloud computing. In his session at the 10th International Cloud Expo, Mark Hinkle, Director, Cloud Computing Community at Citrix, will cut through the hype and quickly clarify the ontology for cloud computing. The bulk of the conversation will focus on the open source software that can be used to build compute clouds (infrastructure-as-a-service) and the complementary open source management tools that can be combined to automate the management...
2011 was a year of rapid adoption for public and private cloud services. Instant and on-demand server provisioning was the driving force behind the massive growth. On top, cloud server templates and script automation simplified application installation for simple and pre-defined application stacks, but have not targeted more complex enterprise application environments.
In his session at the 10th International Cloud Expo, John Yung, CEO of Appcara, will discuss how 2012 will be the year for app...
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Cloud computing represents the advent of a global computing utility that transcends national boundaries. Is that w...
What are the legal implications and consequences of cloud computing in the healthcare and high-tech sectors? What are the potential legal protections and solutions from the point of view of providers, suppliers and consumers?
In his session at the 10th International Cloud Expo, Paul Rubell, a Partner at Meltzer Lippe, will discuss the federal mandates that will encourage “meaningful use” of EHR technology by 2015, and what those mandates will require executives to understand about cloud comput...
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