Since Derive Technologies' inception in 1986, we have been at the forefront, and have recognized the paramount importance, of supporting the many diverse IT business needs of all of the segments of the Financial Services industry.

• We have attained deep domain experience in the technologies that not only sustain but transform and are at the very heart of the provision of services for financial institutions.
• These include:
• Corporate and retail banking
• Insurance (Auto, Aviation, Casualty and Disability, Credit, Corporate, Health Homeowner, Property, and other Real Estate, Liability, Life, Annuities, Indemnity, Disability and others)
• Global capital markets
• Taxation
• Public sector financials

Our Financial Services focus is on relationships, including:

• Your Clients: Effective and innovative use of applications, systems and data to inspire new relationships with your clients and to better differentiate you in their eyes from your competitors.
• Compliance: Harnessing technology resources to promote success in your relationships with Federal, State, local and private regulatory, standards and audit organizations.
• Mergers and Acquisitions: Bringing cost and time-effective IT services to the creation of more effective relationships between your organizations and between you and your audiences, during mergers and acquisitions.
• Your Global and Virtual Teams: Utilization of emerging technologies to create closer relationships with your teams around the globe.
• Security and Availability: Making your highly sensitive, critical business systems and data truly secure, recoverable and highly available so as to engender a relationship of confidence and quality with all of your audiences.

Derive is especially committed to a lasting, trusted relationship with you.

FINANCIALS AND INSURANCE INFRASTRUCTURE

Issues

• The multi-vendor, multi-service systems that support the IT business needs of a wide variety of Financial Services and Insurance providers throughout the U.S. and across the globe are among the most varied tool sets in the professional marketplace.
• The diversity of applications, hardware, other software, and data models used by Financial institutions meet hundreds, even thousands, of requirements.
• However these systems are frequently incompatible and limit the flexibility of your organization to change.
• In addition, your reliance on over-burdened legacy systems, and often over-developed legacy applications, to perform specific tasks can represent a significant drain on your budget, making it difficult to grow.

Derive Solutions

• For more than two decades, Derive has collaborated with all of the major business, technology and other stakeholders within Financial Services enterprises to support, and transform, infrastructures.
• We make your systems cost-effective, while expandable, and adaptable to the ever-changing service-level goals of your shareholders, your teams, your business partners, governance, and most of all, your clients and constituents.
• Our end-to-end Financial Services Infrastructure solutions cost-effectively encompass:
• Data Modeling: We help you to build effective data models for reporting, conversion to new front-end, customer-facing frameworks and to support the evolution/transformation from such technologies as mainframes and client server applications to banking, insurance, investment and other Financial Service business-specific web services.
• System and Data Availability and Business Continuity: Server, storage and backup and recovery solutions that enable a true high-availability and recoverable environment for data used in highly-sensitive transactions, reporting, mail and messaging and customer-facing portals and that keep systems up and running 24x7 to support essential real-time transactions.
• Security: Ensuring bullet-proof infrastructures and data, which are protected from vulnerabilities such as downtime, information and system theft, web hacking and spoofing, natural and other man-made disasters and data incompatibilities across systems.
• Optimization: We help you to best utilize existing technologies and introduce economical, powerful new systems and services that support your business growth.
• Data Centers: Dramatically reduced data center design, migration and consolidation costs related to mergers and acquisitions, relocations and real estate diversifications.
• Virtualization: We promote, help you to explore, and design and implement partially or fully-virtualized technology solutions that reduce your real estate burden, increase your state or nationwide and global reach and give you more power with less.

• Financial Services and Insurance Regulatory Compliance and Standards Management Solutions from Derive support the needs for your organization to be transparent to, and accurate for, all of the governance that regulates your industry.
• We strategically unite with a wide range of IT manufacturer alliance partners to support your application, business system, software, service and maintenance needs surrounding adherence to, and the development and sustenance of controls for, the regulations of:
• Sarbanes-Oxley (SOX)
• Gramm-Leach-Billey (GLBA)
• The SEC
• FFIEC
• FTC
• FASB and GASB
• MiFID and Solvency II (Europe)
• IFRS
• GAAP
• IAS (Global)
• Basel II
• Turnbull (International Financial IT Standards)
• We utilize the best practices of the technology consulting industry and, specifically, of the financial services industries, along side of analysis of the particular business culture and goals of your firm, to deliver comprehensive compliance solutions.
• Derive helps you to develop data models for adherence to all of the schedules of SOX and GLBA, to support the scenario analysis required by Basel II, to infuse local requirements into global reporting and more.
• We also ensure that your business infrastructure -- servers, storage and backup/recovery systems, network components, data center environments, desktop and mobile devices and other key technologies -- are "up to spec" and able to avert regulatory risk.
  

APPLICATION DELIVERY SOLUTIONS

Issues

• Financial Services firms of every business orientation are challenged with multifaceted requirements for the implementation of applications.
• These include the systems that support your regulatory, workforce, transactional, data sharing, service provision, advertising and promotional, customer-facing and other industry-specific needs.
• The variety and complexity of these applications and emerging customer needs and the ability to mobilize your workforce increases every day.

Derive Solutions

• Derive's Application Delivery Infrastructure solutions ensure that your ERP, CRM, portal, valuation/pricing, calculation, modeling, business analytics and other applications are easier and more cost-effective to implement and integrate.
• We also securely deliver these applications and data to your teams worldwide and in portable and other on-the-go work environments.
• We utilize these services to get remote offices up-and-running in hours rather than days--you can start to do your business from new locations, in merged spaces, etc., almost immediately.
• In addition, with our Application Delivery solutions, the information that is transacted and the other data that is shared on your applications, either in the office or remotely, over your corporate systems or on kiosks, remote systems, handheld devices and more, is secure while live and entirely untraceable when your employees, clients, partners and others log off.
  

PROACTIVE TECHNOLOGY SUPPORT

• We have always known that keeping your systems running 24x7 means trust and increased revenue for Financial Services providers.
• Derive Technologies pioneered its proactive, managed service approach to the delivery of IT support services, remote and on-site monitoring and maintenance in concert with the needs of the Financial Services industry.
• Our holistic, all-inclusive technology support, monitoring and warranty solutions predict vulnerabilities, safeguard your business technologies and provide economies of scale and cost in system refreshes, maintenance and the utilization of our certified, on-site technical personnel.
• Derive's service program is designed with the goals not just of banking, insurance, capital markets and more as a whole, but also those of the specific budgetary, operational and business culture needs of your firm.
• We are able to pinpoint and attend to your own service level requirements and fully adapt to your environment.
• We don't impose technologies or personnel on your enterprise, we collaborate with you to give you the services you need when you need them, while also keeping our eye open to the overall health of, and best practices for, your business organization.
• Additionally, when we provide personnel to augment your internal IT business teams, or to support in entirety certain technology needs where you request these specific services, we are vigilant about doing so with locally hired, trained and available consultants and technologists who are fully cognizant of your environment.
  

DATA CENTERS

• During the implementation of a new Data Center, or a migration or consolidation, Derive coordinates and manages all of the power, cabling, flooring, and physical infrastructure that are delivered by an assortment of providers and trades.
• Our competencies in the business requirements of Financials and Insurance firms and in enterprise and desktop systems are matched by the acumen of our certified Project Managers in coordinating the services of physical plant, communication, power, cooling and other with contractors, providers and Local Unions.