- Derdack’s mobile messaging platform ensures Rapid Return on Investment

Potsdam, Germany, 15th December, 2008: Derdack (www.derdack.com), provider of mobile messaging platforms and notification workflow software today announced that Oman Arab Bank, a leading bank in Oman, has achieved significant efficiencies in customer service and the opening of new revenue streams from SMS-based mobile banking.  Oman Arab Bank implemented BANKSMART™ from Acette Technologies, which is powered by Derdack’s message master® xsp.

The bank’s new “Tawasul” SMS based mobile banking service is a key tool for customer acquisition and retention, and increasing market share in Oman.  Mr. Hassan Abdul Ali Al-Lawati, Deputy General Manager IT-Head at Oman Arab Bank said, “We selected BANKSMART™, powered by message master® xsp, as it has the flexibility to be configured to meet our sophisticated requirements.  We now have a system that uniquely delivers both English and Arabic mobile banking functionality and has powerful features for exploiting SMS as a two way communication channel.”

- Credit crunch dramatically transforms retail banking IT investments –
 
‘Rip and replace’ is rapidly becoming the de facto standard in the retail banking sector as it struggles to use IT to gain competitive advantage, according to Elizabeth Gooch, CEO of eg solutions.

“There is no doubt in my mind that the recent financial crisis which has triggered an unheard of level of government, central bank and regulatory action, has transformed the landscape for retail banking here in the UK and abroad,” said Elizabeth.

“But the current turmoil does not necessarily mean an immediate downturn in IT spending. In fact in many cases we are seeing the opposite of that with many retail banks using this opportunity to deploy non invasive technology to augment existing IT platforms and transform their core business systems.”

Boutique agency CreativeFeed offers Fiscal Crisis release with the launch of US Financial Stress balls

New York, Tuesday December 9th 2008- Ben Bernanke, current Federal Reserve Chairman, Henry Paulson, the Secretary of Treasury and former Federal Reserve Chairman Alan Greenspan are to become stress-balls instead of stress-heads, with the launch of www.squeezethebanker.com. Providing some unexpected relief to thousands of people ahead of the looming financial crisis.

Created by boutique agency CreativeFeed, and inspired by the three symbols of the US economy, each stress-ball figurine has been crash tested on Wall Street, and are undoubtedly cheaper than a psychologist or Prozac.  The three stress-balls are available for $9 and come in their own limited edition keepsake box.

Wall Street Systems wins Leaders in Innovation Award for ASP Treasury Management SolutionNew York and London, 5 December 2008 – Wall Street Systems (Wallstreet), the global provider of treasury, trading and settlement solutions and services, today announced that it has won the Financial-i Leaders in Innovation Award for ASP Treasury Management Solution. Wallstreet received this accolade due to its ability to innovate, as well as deliver solutions that are cost effective and help solve common business problems.

Wallstreet was shortlisted for this award, which is part of the Treasury & FX category, based on research conducted by Financial-i’s team of journalists as well as input from analyst firms.