CFO Compensations

Here is CFO Compensations for 498 S&P 500 Companies, list is pulled up from S&P Survey and is current as of May 2012. Thanks to WSJ.

Click to read full list here.


PMI talks tomorrow

If you are an avid follower of the economy, you might be on edge tomorrow as Purchasing Managers Index(PMI) of various countries including US, UK, Mexico, Brazil, Germany, China, India, Greece etc., in June is going to hit financial headlines tomorrow. Since this data is based on facts rather than opinions, even Central banks of various countries use the data to drive interest rates, which directly or indirectly affects common citizens like us.

You can read more about this PMI data here.

Infosys’s Finacle

“Finacle”, Infosys’s banking solution software earned top slot in the Forrester research on retail banking platforms. Finacle, addresses the core banking, e-banking, treasury, wealth management, CRM, and cash management requirements of retail, corporate and universal banks worldwide.
Finacle has been architected out of years of experience with global banks and offers several powerful and differentiating features making it one of the most comprehensive, flexible and scalable solutions in its class.
See the chart below to identify the Retail Banking software leaders.

Most of the Indian banks use Finacle to manage their day-to-day transactions. Here are some of them.

~ ANZ, Australia
~ Arab National Bank
~ Credit Suisse Group
~ First City Bank
~ First Bank of Nigeria
~ ICICI Bank
~ DBS Bank, Singapore
~ Industrial Bank of India (IDBI)
~ National Bank of Abu Dhabi
~ National Commercial Bank, Jamaica
~ National Commercial Bank, Saudi Arabia
~ Punjab National Bank
~ Sampath Bank
~ South Indian Bank
~ Standard Trust Bank
~ State Bank of India
~ Union Bank of India
~ UCO Bank
~ UTI Bank

Although I-flex’s (read oracle) Flexcube still leads the race, it may be losing out to infosys and SAP due to fear of oracle centric platforms in future.

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