One-To-One With Geezeo: James Elwood, Chief Technology Officer, Geezeo

first_imgWhen you have the opportunity to ask some of the most interesting people in financial services and Fintech about where the industry is headed, sometimes the most fascinating insights are revealed. One-to-One with Geezeo is an ongoing series that gives our friends, clients, and partners an opportunity to share their experiences and their knowledge to gain an idea of where this exciting industry is heading. In this installment we talked with our Chief Information Technology Officer, James Elwood about cloud services in the banking industry.Geezeo: How long has Geezeo been using Amazon Web Services and why did you choose that as Geezeo’s cloud service?James: We’ve been on the Amazon Cloud since our early days in 2007. We elected the cloud computing because it provided a relative easy way to establish our operating platform. I wanted simplicity in accessing servers, building storage and databases and establishing a broad set of application services over the Internet. We needed to trade capital expense for variable expense.We traded the building and supporting of data centers and servers, for the flexibility (and constraints) of only paying for how much we consume. This decision still holds true as Amazon Web Services (AWS) gives us the option of expanding capacity with remarkable ease. Scale and simplicity were two significant influences in our move to AWS.Geezeo: What are some of the considerations a bank or credit union should make when deciding to move to the cloud?James: First let me say that many of the largest financial institutions already are in the cloud and using AWS. continue reading » 8SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Haiti election results on hold

first_img Tweet Sharing is caring! NewsRegional Haiti election results on hold by: – March 31, 2011 Share Sharecenter_img Share PORT-AU-PRINCE, Haiti, Wednesday March 30, 2011 –Haitians will have to wait until next Monday to hear the preliminary results of the final round of presidential elections, after the Provisional Electoral Council (CEP) announced yesterday that it won’t be ready by tomorrow as initially planned.The CEP issued a statement, signed by President Gaillot Dorsinvil, explaining that stringent verification measures to reduce fraud and irregularities in vote tabulation are responsible for the four-day delay in telling the population whether 50-year-old popular musician Michel Martelly or 70-year-old former first lady Mirlande Manigat came out on top.This time around, more than half the tally sheets have been sent to be inspected for fraud, much more than the 10 percent inspected in the first round.The CEP said that these and other provisions “which have proved to be necessary for the reliability of the results, unfortunately affected the pace of the Tabulation Center which is no longer able to produce its report on the date originally scheduled”.“The Provisional Electoral Council thanks the population for its understanding and reiterates its commitment to conduct the electoral process to a successful conclusion,” it added.The CEP gave no indication whether this delay would affect the announcement of the final results which, according to its timetable, is set for April 16.Meantime, the Joint Organisation of American States (OAS)/Caribbean Community (CARICOM) Electoral Observation Mission (JEOM) has indicated it will maintain its presence in Haiti’s 11 electoral departments until the final results are announced.The JEOM said its observers have been present in the Vote Tabulation Centre round-the-clock since the tabulation phase began on March 21, a day after voters cast their ballots in the second round of presidential and legislative elections. “The observers are monitoring the new procedures put in place for the processing of the result sheets and the application of criteria for verification to ensure the integrity and transparency of the tabulation process,” it said in a statement yesterday.“The JEOM notes the strengthening of the capacity of the Legal Control Unit (UCL), which has now 16 lawyers whose task is to determine the validity of the result sheets brought to their attention. The Mission has noted that compared to the first round, a greater amount of result sheets were sent to the UCL.”The Mission cautioned that premature announcements of victory are harmful to public order and the smooth unfolding of the electoral process by creating expectations among their supporters that might not be founded, and therefore urged both presidential and legislative candidates and their campaign teams and allies to avoid making any such pronouncements.“The Mission understands the candidates’ eagerness to know the results. However, it wishes to point out to the two presidential candidates in particular that one of them will be elected President of the Republic and, as such, will be responsible for the proper functioning of institutions and the maintenance of public order,” the JEOM said.“They should therefore demonstrate as of now the sense of responsibility they will have to display when taking the helm of the affairs of the Republic by appealing to their teams and supporters to await the publication of the preliminary results to avoid creating false expectations and to respect the verdict of the ballot box.”The Mission further called on all political leaders, political groups and their supporters to contribute to the maintenance of a calm and peaceful atmosphere as they await the publication of the preliminary results.Source: Caribbean 360 News 40 Views   no discussionslast_img read more