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                  Computerworld Finance
                      August 18, 2004
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In this issue:

* U.S. Banks Balk At Data Classification
* Zurich Financial Outsources App Development To CSC
* Japanese Bank Taps RFID For Document Security
* Barclays Takes Stake In India's Intelenet
* Managing The Building Blocks
* Optus Snares $32M Bank Contract




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U.S. Banks Balk At Data Classification

A data classification standard being drafted by Canadian banks will
make it easier for third-party service providers to protect regulated
data. A similar effort is needed in the U.S., experts say, but the
challenges are greater.

http://www.computerworld.com/newsletter/0,4902,95271,00.html?nlid=FIN


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Zurich Financial Outsources App Development To CSC

One of the world's largest insurers, Zurich Financial Services, has
signed a $1.3 billion, seven-year deal with Computer Sciences Corp. to
hand off applications development and the management of more than 4,000
existing applications.

http://www.computerworld.com/newsletter/0,4902,95265,00.html?nlid=FIN


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Japanese Bank Taps RFID For Document Security

NEC Corp. has signed a contract with a Japanese bank for a radio
frequency identification-based document management system,

http://www.computerworld.com/newsletter/0,4902,95327,00.html?nlid=FIN


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Barclays Takes Stake In India's Intelenet

Barclays Bank PLC is to acquire a 50% stake in Intelenet Global
Services Ltd., a business process outsourcing company.

http://www.computerworld.com/newsletter/0,4902,95329,00.html?nlid=FIN


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Managing The Building Blocks

To get the benefits promised by service-oriented architectures, you
need a carefully defined repository and a governance process so you can
find, manage and reuse the code.

http://www.computerworld.com/newsletter/0,4902,95207,00.html?nlid=FIN


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Optus Snares $32M Bank Contract

Telecom New Zealand Ltd.'s Australian subsidiary AAPT Ltd. has lost its
Electronic Funds Transfer services account with the Commonwealth Bank
of Australia.

http://www.computerworld.com/newsletter/0,4902,95328,00.html?nlid=FIN



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