article thumbnail

Step 1 to becoming a business-savvy CIO

CIO

For example, if you are in banking, your organization is likely to measure itself by profitability ratios such as net interest margin (the difference between interest income generated and interest expenses) or PCL (provision for credit losses).

Business 691
article thumbnail

4 perils of being an IT pioneer

CIO

As a result, organizations often rush to adopt new technology believing it will make them operationally more efficient and enhance their competitiveness. When I was leading the team in the capital market space, we invested in building in-house technology to ensure that our customers faced very low latency while doing trades.

IT 635
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

10 tips for modernizing legacy apps for the cloud

CIO

To fully capitalize on the cloud’s scalability and flexibility, most enterprises go beyond a simple lift-and-shift approach, instead injecting them with cloud-native capabilities — a strategy that sounds simple but can quickly prove complex. After all, as with many seemingly easy tasks, the devil is in the details.

Loss 616
article thumbnail

Mutual of America Capital Management’s MoA Funds Win 10 2024 LSEG Lipper Fund Awards for Best-in-Class Mixed-Asset Target-Date Funds

Wink Intel

NEW YORK , March 14, 2024 /PRNewswire/ — Mutual of America Capital Management LLC (“Capital Management”) is pleased to announce that its target-date series of funds, the MoA Clear Passage Funds , received 10 2024 LSEG Lipper Fund Awards. Capital Management also won best overall small firm in the U.S. .

Capital 40
article thumbnail

Brighthouse Financial Announces First Quarter 2024 Results

Wink Intel

First Quarter 2024 Results The company reported a net loss available to shareholders of $519 million in the first quarter of 2024, or $8.22 per diluted share, compared with a net loss available to shareholders of $525 million in the first quarter of 2023. billion, or $39.88 billion, or $126.35 per common share.

Loss 40
article thumbnail

F&G Annuities & Life Reports First Quarter 2024 Results

Wink Intel

Net earnings attributable to common shareholders (net earnings) for the first quarter of $111 million , or $0.88 per diluted share (per share), compared to a net loss of $195 million , or $1.56 per share, for the first quarter of 2023. Net sales reflect accretive third party flow reinsurance, in line with our capital targets.

Loss 40
article thumbnail

Customers Await Recharged Sellers

Zoominfo

A survey in April 2020 from RBC Capital Research showed that 42% of respondents purchased groceries online at least once a week , up from 22% in 2018, as reported by GeekWire. . The technology helped companies to curb losses and hold onto customers. Customer experience grows as a competitive advantage. Face masks?