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GLG News by Business Process Outsourcing Experts

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September 17, 2008
Technology push at US financial firms coming up?
Analysis of: US Financial Firms Embrace SMS | www.bankingtimes.co.uk
Author: GLG Expert Contributor
Are US financial firms becoming more client oriented then before? Is their another technology push coming in?
September 16, 2008
Is JP Morgan Chase about to begin a new start with payments processing?
Analysis of: JP Morgan Chase to bring payment systems back in house | www.cio.co.uk
Author: GLG Expert Contributor
JP Morgan Chase and First Data decided to split up after having a joint venture for payments processing. JP Morgan Chase probably is convinced that the execution on their own will offer more opportunities (i.e. driving cost down).
Matthew EatonSeptember 16, 2008
Is the market ready to start adopting advanced time and attendance at a more rapid pace?
Analysis of: A New Dawn for Time and Attendance Technology | www.hrworld.com
Author: Matthew Eaton, President, MDE Partners
Time and attendance is still not as mission critical to many firms as it should be.  Employers especially those with fewer than 500 employees still have trouble pulling the trigger on rolling out advanced time and attendance solutions. Is that about to change?
September 15, 2008
The Biggest Fear of Traditional Retail Banks...
Analysis of: Tesco announces plans to enter retail banking | www.bankingtimes.co.uk
Author: GLG Expert Contributor
Whilst SEPA in their future landscape is already an unpredictable outcome, the real biggest fear for banks are the big retailers and other owners of a massive client base. Why? Read more!
September 15, 2008
Google’s Gmail Threat to Excchange
Analysis of: Google's Office Intrigue | www.forbes.com
Author: Paul Massie, Sr. Director of IT and Facilities, Genesis Microchip Inc.
Google’s free consumer Gmail has gained a large and loyal following.  Google would like to leverage that to dethrone Microsoft Exchange in enterprises.  While Microsoft should be careful not to underestimate the threat, Google faces formidable challenges, not least of which is security.
Mark MariottiSeptember 15, 2008
Southern California Mortgage Lending Rates Drop
Analysis of: Mortgage market improves with new market-leading deals | www.timesonline.co.uk
Author: Mark Mariotti, CEO, Future Management Holdings Inc
Effective immediately after the Fannie/Freddie take over, the DITECH origination service of Cerberus' GMAC Financial Services launched a television campaign to offer 5.5% interest rate mortgage loans.
Matthew EatonSeptember 15, 2008
New Colorado law makes it tougher for PEO providers.
Analysis of: Colorado amends its Employee Leasing Law | www.peo.com
Author: Matthew Eaton, President, MDE Partners
1. A new subsection requires an employee leasing company to pay wages and collect and report taxes from its own accounts for all covered employees   2. Employee leasing companies must annually certify and execute and file a surety bond or deposit the equivalent of 50 percent of the average...
September 15, 2008
Roll the dice on Google or Microsoft....?
Analysis of: Google's Office Intrigue | www.forbes.com
Author: GLG Expert Contributor
No one can predict the future, but at least there is a market pitch for challenger Google. Understimation of this big player can put Microsoft on a stand still or even worse.
Mark MariottiSeptember 15, 2008
The Bear Sterns Equity Strip Model
Analysis of: Lehman Brothers faces Korean takeover bid | www.timesonline.co.uk
Author: Mark Mariotti, CEO, Future Management Holdings Inc
Unlikely that a suitor firm will take over Lehman directly by itself without assistance, perks or partners. As you may recall Bear Stearns in a similar situation, and remember that the Feds had to lend and assist JP Morgan with the acquisition.
September 12, 2008
What to expect from the bailout.
Analysis of: U.S. bails out Fannie Mae, Freddie Mac, ousts CEOs | www.bizjournals.com
Author: Joseph Smith, President & CEO, Default Mitigation Management
1. Shows how truly bad the mortgage industry has gotten and how scared the feds are of where we are going. 2. If the major source of liquidity can not survive, who will? 3. What should be the outcome.

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