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 -------  eWEEK.com FINANCE INDUSTRY UPDATE  --------
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November 1, 2004 

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Sponsored by IBM 

Transform "idle" resources into performing assets. An IBM 
Grid Financial Services solution can create a virtual 
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greater accuracy. Register for a complimentary webcast.
http://eletters.eweek.com/zd1/cts?d=79-1315-17-38-11627-145572-1

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In This Edition
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Theresa Carey: Webify Helps Insurance Carriers Stretch Legacy

1. News: Experts Fear Check 21 Could Lead to Mass Fraud
2. News: SAS Takes On Sarb-Ox Compliance
3. News: IT Managers Struggle to Focus on High-Priority Risks
4. News: Check 21: Playing at a Bank Near You!
5. News: Banking on Data Replication

Visit the Finance Industry Center:
http://eletters.eweek.com/zd1/cts?d=79-1315-17-38-11627-145575-1

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Theresa Carey
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Webify Helps Insurance Carriers Stretch Legacy

Webify has leveraged IBM on-demand architecture to allow 
insurance agents to connect to carrier's systems via a 
browser, as well as directly machine-to-machine. The goal is
to increase depth and breadth of information exchange 
between a carrier, and agents who sell that carrier's 
products and service customers.
http://eletters.eweek.com/zd1/cts?d=79-1315-17-38-11627-145578-1

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Finance Industry Update
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1. News: Experts Fear Check 21 Could Lead to Mass Fraud

The implementation of the Check Clearing for the 21st 
Century Act, aka Check 21, means that check handling and 
collection should see a drastic increase in speed. Will
it mean an increase in fraud as well?
http://eletters.eweek.com/zd1/cts?d=79-1315-17-38-11627-145581-1

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2. News: SAS Takes On Sarb-Ox Compliance

SAS Institute is making its strongest push yet to capture 
mind share of chief financial officers under pressure to 
meet increasingly stringent regulatory requirements, 
including the Sarbanes-Oxley Act. Check out its latest
offering here.
http://eletters.eweek.com/zd1/cts?d=79-1315-17-38-11627-145584-1

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3. News: IT Managers Struggle to Focus on High-Priority Risks

IT executives face more risks than ever to system security, 
their budgets and corporate reputations. But the most they 
can hope for is to focus the most resources and technology 
investments against the worst threats and hope the lesser 
concerns don't leap up to bite them. Read what execs had
to say at a recent conference on the topic.
http://eletters.eweek.com/zd1/cts?d=79-1315-17-38-11627-145587-1

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4. News: Check 21: Playing at a Bank Near You!

The Check Clearing for the 21st Century Act, aka Check 21, 
went into effect last Thursday, moving another financial 
process into the digital age. Find out how it works.
http://eletters.eweek.com/zd1/cts?d=79-1315-17-38-11627-145590-1

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5. News: Banking on Data Replication

Tape backup may be fine for most businesses, but for a 
worldwide bank that handles $1 billion in transactions a 
day, an hour of downtime could mean a loss in the tens of 
thousands of dollars. Read about one bank's contingency
plan in the event of hurricanes and terrorism.
http://eletters.eweek.com/zd1/cts?d=79-1315-17-38-11627-145593-1

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Tech Jobs
http://eletters.eweek.com/zd1/cts?d=79-1315-17-38-11627-145596-1

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Ziff Davis Channel Zone
http://eletters.eweek.com/zd1/cts?d=79-1315-17-38-11627-145599-1

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DevSource
http://eletters.eweek.com/zd1/cts?d=79-1315-17-38-11627-145602-1

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