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Financial services IT outages – the case for investment
What is clear is that the current approach around ICT budget allocation and investment is not sustainable across the financial services sector. Financial services organisations need to revisit their ICT budgets and strategies to enable agility or they will lose out on business opportunities in an increasingly competitive market.
Ofgem challenges 5 out of 6 RIIO-ED1 DNO submissions
Last week, Ofgem announced that of the six UK electricity distribution network operator (DNO) RIIO-ED1 business plans submitted earlier this year, only Western Power Distribution’s (WPD) plans were assessed to be of sufficient and consistent quality for conditional fast-tracking. If successfully fast-tracked in February 2014, WPD will be in the enviable position of being able to start preparing for the new price control early.
Smart Metering Forum hits the spot on timing and content
Those who were lucky enough to attend Marketforce’s Smart Metering Forum in London last week were treated to an up to the minute update on the GB Smart Metering Implementation Programme from high profile speakers including Baroness Verma (Parliamentary Under Secretary Of State, DECC) as well as many senior players from across the energy industry.