Category: Business Efficiency

Apr 29

The Bank that likes to say “Si”

The Trustee Savings Bank can trace its roots back to the first savings bank founded by Henry Duncan in Ruthwell, Dumfriesshire in 1810. But its recent history has been a roller coaster and  banking systems are at the heart of that story. Thirty years ago the Trustee Savings Bank was a up and coming UK bank – …

Continue reading

Permanent link to this article: http://transformingfinance.eu/the-bank-that-likes-to-say-si/

Apr 03

What is Technology?

“Téchnē is a state of capacity to produce with a true logos,” Aristotle defined.  Logos was a central notion in Greek philosophy, broadly meaning reason and discourse.  Because Téchnē (Art) had its own reasoning and discourse, it was knowledge, as distinct from opinion (doxa) and mere experience.  Many arts existed, among others Aristotle cited architecture, …

Continue reading

Permanent link to this article: http://transformingfinance.eu/what-is-technology/

May 11

Share and Share Alike

For Vehicle Finance, 2013 started quickly with the news on 2nd January that ZipCar, the world’s largest car-sharing network, had been acquired by Avis Budget Group for nearly $500m. At first this would not seem to be of that much immediate impact to funders, but it is a significant step for the whole car industry, …

Continue reading

Permanent link to this article: http://transformingfinance.eu/share-and-share-alike/

Mar 03

No WFH? WTF?

    Will banning working from home stop the decline of Yahoo!? Surely not? See this leading article from the Ecomomist.

Permanent link to this article: http://transformingfinance.eu/no-wfh-wtf/

Feb 10

Missing Physical Education

I saw a rapidly vanishing scene the other day; a father walking with his family up to the letterbox and the children standing on tiptoe to post the envelopes they had been clutching. It took me back to my childhood reading the Ladybird Book of the Post Man and watching the film of The Night …

Continue reading

Permanent link to this article: http://transformingfinance.eu/missing-physical-education/

Nov 14

Bigger is Better

The benefits of Mergers and Aquistion are simply economies of scale. But are there limits to growth? – This article in the Economist argues that there are – and that it is common to overestimate the benefits. This article from McKinsey looks at where mergers go wrong. Most buyers routinely overvalue the synergies to be …

Continue reading

Permanent link to this article: http://transformingfinance.eu/bigger-is-better/

Jun 01

Achieving efficiency in a new dimension

My introduction to pan-European finance technology came on the day Europhile Tony Blair became prime minister. After casting my vote, I drove to my companies newly opened Paris office to struggle with installing a French version of Windows 95 from 24 floppy disks. Since then I have become well versed in the benefits and practice …

Continue reading

Permanent link to this article: http://transformingfinance.eu/achieving-efficiency-in-a-new-dimension/

May 01

Snakes And Ladders – The Benefits and Pitfalls of Pan European Finance Systems

Henry Ford is the father of modern mass production. His production lines established Ford as the first global car manufacturer. Yet it was not until 34 years after his death that Ford produced their first global car – the Ford Escort. Ford set out to use common components worldwide, but by the time the Escort …

Continue reading

Permanent link to this article: http://transformingfinance.eu/snakes-and-ladders-the-benefits-and-pitfalls-of-pan-european-finance-systems/

Jan 01

2009 – A Year of Change in Finance Systems

  Despite the relative absence of large new clients, lease software vendors are still investing in their products, particularly their back office functions, reports Nic Evans in January 2010 Leasing Life. Finance Companies are expecting their technology to work harder in these tough times. As many organisations start new budget periods in the new year …

Continue reading

Permanent link to this article: http://transformingfinance.eu/2009-a-year-of-change-in-finance-systems/