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Info-Tech Research Group Publishes Key Findings on Agile IT Financial Management for Financial Institutions

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Info-Tech Research Group’s new study tackles the critical challenges of unoptimized IT financial processes. The recently published resource offers insight on strategic solutions to enhance efficiency, overcome industry-specific regulatory hurdles, and promote the seamless integration of finance and procurement functions. The firm’s research findings and recommendations for IT leaders in the finance sector are intended to help drive organizations’ technological advancements and achieve financial management excellence.

TORONTO, July 12, 2024 /PRNewswire/ – As the demand for technological innovation within various industries continues to surge, financial sector organizations specficially are finding their current IT financial management systems inadequate, often resulting in inefficiency, missed opportunities, and economic waste. Complex budgeting processes, unpredictable expenditures, and the constant demand for innovation have created a pressing need for more adaptable financial management systems. Recognizing these critical challenges, Info-Tech Research Group has published its latest research, Implement an Adaptive System for IT Financial Management. This research provides IT leaders with industry-specific insights on modern strategies and solutions to break down silos, optimize financial processes, and seamlessly integrate finance and procurement functions, thereby driving technological advancements and achieving financial management success.

“The most elegant things in life are never simple behind the scenes – they’re often carefully and thoughtfully designed to be that way, and just as often have evolved from some pretty clunky and awkward predecessors,” says Jennifer Perrier, principal research director at Info-Tech Research Group. “The same can be said of most approaches to IT financial management.”

Info-Tech’s research details various obstacles that organizations face in their IT financial management systems. The firm explains in the new resource that the finance and procurement functions of many organizations are often siloed and reliant on manual, unoptimized processes, which limit IT’s ability to drive improvements. Additionally, industry-specific regulatory constraints and apprehension toward innovation create further hurdles, impeding IT’s progress toward transformation. Info-Tech advises that addressing these challenges and developing strategic solutions is crucial for organizations to enhance their IT financial management practices.

“The way IT financial management is commonly practiced in many organizations is ad hoc and opaque, leaving IT and other decision-makers unable to quickly and appropriately respond to changing conditions and emerging opportunities,” explains Perrier. “To keep pace with a highly dynamic future that Info-Tech calls Exponential IT, most organizations will need to reinvent their approach to IT financial management so that it can operate with agility and confidence.”

The firm recently shared with Forbes that for organizations to succeed with Exponential IT, they need the flexibility to invest in new, high-value capabilities as they arise. Central to this is modernizing IT financial practice, characterized by a CIO-CFO partnership, automated financial management processes, and a more flexible IT funding approach. 

In the newly published resource, Info-Tech outlines a four-step approach for IT leaders to enhance their financial management system from the edge to the core:

Step 1: Understand the context within which IT financial management operates to identify constraints, opportunities, scope of work, and objectives.Step 2: Identify and define the elements that make IT financial investment and management possible, including required capabilities, processes, competencies, tools, and governance controls.Step 3: Design and implement a formal system for IT financial management that is agile and responsive to changing priorities, conditions, and opportunities, which can evolve over time with the organization as it grows.Step 4: Collaborate with the organization’s central finance and procurement functions to improve their integration, automation, and analytic capability to optimize financial management agility organization-wide.

Info-Tech’s comprehensive blueprint offers practical guidance for IT leaders looking to revolutionize IT financial management through agile practices and strategic alignment. This research outlines methodologies for designing, assessing, and evolving IT financial systems to meet the demands of Exponential IT, ultimately empowering leaders to enhance decision-making, optimize resource allocation, and drive organizational transformation effectively.

For exclusive and timely commentary from Jennifer Perrier, an expert in financial management, and access to the complete Implement an Adaptive System for IT Financial Management blueprint, please contact pr@infotech.com.

Info-Tech LIVE 2024 Conference

Registration is now open for Info-Tech Research Group’s annual IT conference, Info-Tech LIVE 2024, taking place September 17 to 19, 2024, at the iconic Bellagio in Las Vegas. This premier event offers journalists, podcasters, and media influencers access to exclusive content, the latest IT research and trends, and the opportunity to interview industry experts, analysts, and speakers. To apply for media passes to attend the event or gain access to research and expert insights on trending topics, please contact pr@infotech.com.

About Info-Tech Research Group

Info-Tech Research Group is one of the world’s leading research and advisory firms, proudly serving over 30,000 IT and HR professionals. The company produces unbiased, highly relevant research and provides advisory services to help leaders make strategic, timely, and well-informed decisions. For nearly 30 years, Info-Tech has partnered closely with teams to provide them with everything they need, from actionable tools to analyst guidance, ensuring they deliver measurable results for their organizations.

To learn more about Info-Tech’s divisions, visit McLean & Company for HR research and advisory services and SoftwareReviews for software buying insights.

Media professionals can register for unrestricted access to research across IT, HR, and software and hundreds of industry analysts through the firm’s Media Insiders program. To gain access, contact pr@infotech.com.

For information about Info-Tech Research Group or to access the latest research, visit infotech.com and connect via LinkedIn and X.

View original content to download multimedia:https://www.prnewswire.com/news-releases/info-tech-research-group-publishes-key-findings-on-agile-it-financial-management-for-financial-institutions-302195919.html

SOURCE Info-Tech Research Group

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Singapore’s Sodion Energy Secures MWh Supply of US Developed Advanced Sodium-Ion Batteries from UNIGRID

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SINGAPORE, Jan. 13, 2025 /PRNewswire/ — Sodion Energy, a leading provider of sodium-ion batteries for e-mobility and integrated energy storage solutions in Southeast Asia, has secured a landmark agreement for an initial 10 MWh supply of advanced sodium-ion batteries developed by UNIGRID Inc., a California-based innovator in sodium-ion battery technology.

This collaboration strengthens Sodion Energy’s ability to address the region’s rising demand for affordable, eco-friendly, and high-performance battery solutions across mobility and energy storage sectors.

“Our collaboration with UNIGRID is a game-changer,” said Dr. CC Hang, Chairman of Sodion Energy. “These next-generation sodium-ion batteries will allow us to tackle key markets, starting with lead-acid battery replacements in e-mobility and extending into large-scale renewable energy projects and grid stabilization initiatives.”

Sodium-ion batteries offer distinct advantages, including cost-efficiency, enhanced safety, and the use of abundant raw materials, making them a sustainable choice for energy storage. With fast-charging capabilities and intrinsic non-flammability, they are exceptionally suited to Southeast Asia’s tropical climate and rapidly growing energy needs.

With a strategic focus on advanced battery technologies, Sodion Energy is poised to play a key role in driving Southeast Asia’s transition to cleaner, safer, and more sustainable energy solutions.

Website: https://sodione.com

Follow us on LinkedIn: Sodion Energy

About Sodion Energy

Headquartered in Singapore, Sodion Energy is an applications engineering leader driving the commercialization of Sodium-ion batteries across Southeast Asia. SE’s sodium-ion pack solutions are tailored to meet the diverse needs of industries such as mobility and energy storage, contributing to a more sustainable future.

View original content:https://www.prnewswire.com/apac/news-releases/singapores-sodion-energy-secures-mwh-supply-of-us-developed-advanced-sodium-ion-batteries-from-unigrid-302347661.html

SOURCE UNIGRID and Sodion Energy Pte. Ltd

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AirCheck Australia & New Zealand Renamed as RCS MEDIA MONITORS

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SYDNEY, Jan. 13, 2025 /PRNewswire/ — AirCheck, a leading provider of broadcast monitoring services in Australia and New Zealand is pleased to announce its renaming as RCS MEDIA MONITORS, effective immediately.

AirCheck monitors songs and commercials providing almost real time reporting tools for radio and television broadcasters, music media, record companies, advertising agencies and industry analysts.

This change reflects the company’s growth, expanded service offerings, and a strengthened focus on providing comprehensive media intelligence.

The new name, RCS MEDIA MONITORS, builds on the expertise of its parent company, RCS, to offer enhanced monitoring solutions. By integrating RCS’s global technology and resources, the company will provide clients with a broader range of tools for tracking and analysing media campaigns across a variety of platforms and markets.

“We’re excited to take this step forward,” said Philippe Generali, President and CEO of RCS Global. “The rebranding to RCS MEDIA MONITORS allows us to expand our reach and improve our services, giving clients access to deeper insights and a wider array of media monitoring tools. With RCS’s support, we can offer more robust data and solutions that cover not just broadcast, but also digital and emerging media channels.”

The name change signals the company’s commitment to evolving with the changing media landscape. With RCS MEDIA MONITORS, clients can expect the same reliable monitoring services they’ve trusted for over 20 years in Australia and 15 years in NZ.

www.rcsmediamonitors.com.au

About RCS MEDIA MONITORS

RCS MEDIA MONITORS (formerly AirCheck) is a leading provider of broadcast monitoring and media intelligence solutions in Australia, New Zealand and India. The company helps clients across industries optimise media strategies, measure performance, and gain insights from a wide range of traditional and digital media. RCS MEDIA MONITORS is part of RCS, a global leader in broadcast automation and media technology.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/aircheck-australia–new-zealand-renamed-as-rcs-media-monitors-302347810.html

SOURCE RCS MEDIA MONITORS

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iM Global Partner mourns the passing of Philippe Uzan

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PARIS, Jan. 13, 2025 /PRNewswire/ — It is with deep sadness that iM Global Partner (iMGP) announces the passing, one month ago, of our dear friend and colleague, Philippe Uzan.

 

 

Philippe’s exceptional career in asset management spanned more than 30 years and is marked by remarkable achievements in the organizations for which he worked and deep contributions to the industry as a whole. His passing is a tremendous loss to all who knew and worked with him.

Philippe joined iM Global Partner in February 2020 as Deputy CEO and CIO Global Asset Management, responsible for overseeing our financial strategies and products and designing value-added investment solutions for our clients across Europe and the United States.

His expertise spanned all asset classes, and he had a deep understanding of markets and their impact on investors and their investment needs. He was an eloquent man who contributed a number of papers and articles to the media, always with the intention of educating and making financial concepts more relatable. He has left an indelible mark on our organization and on the broader industry.

Prior to joining iM Global Partner, Philippe was latterly Chief Investment Officer at Edmond De Rothschild Asset Management, where he worked for 11 years and where he led the portfolio management teams, optimizing the synergies between analysis and portfolio management. He previously spent three years as Research and Global Asset Allocation Director, where he developed the portfolio management and research teams and modernized investment processes and the product range.

Philippe began his career as an Equity Derivatives Trader at Société Générale and held roles at AGF Asset Management (now part of Allianz Global Investors) and Natixis AM.

Throughout his career, Philippe’s outstanding intelligence, humility, and collaborative spirit earned him the respect and admiration of his peers.

Philippe Couvrecelle, Founder and CEO of iM Global Partner, expressed his heartfelt condolences: “It was with infinite sadness and pain that I learned of Philippe’s passing from a devastating illness. I had known Philippe closely for almost 20 years, as we worked together for Natixis, Edmond de Rothschild and iMGP. I pay immense tribute to his humanity, his sense of humor, his brilliant intelligence and his presence, which I will deeply miss. We had shared so much and still had so much to do together. In his memory, we will continue our path forward with strength, success and intensity, always preserving our values and our company culture to which he was so attached.

We will all miss Philippe enormously at iM Global Partner. He will be remembered not only for his professional achievements but also for his warmth, generosity, kindness and his unwavering dedication to his colleagues and community. Our thoughts are with his wife and three children, his family, friends and loved ones during this difficult time.”

CONTACT: media@imgp.com

 

 

SOURCE iM Global Partner

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