561 articles tagged with this keyword
News/Core banking systems
Indian fintech vendor i-flex says it plans to change its company name to Oracle Financial Services Limited.
04 April 2008
Core banking systems vendors could be on the verge of a bonanza in license fee sales, as top tier institutions look to replace their ageing legacy systems with new modular packaged applications, says international consultancy CapGemini.
26 March 2008
In an upbeat interim statement, Misys is reporting healthy increases in third quarter revenue at its banking unit and treasury and capital markets division.
18 March 2008
The UK's Nationwide Building Society is migrating its banking, savings and mortgage operations to the SAP for Banking platform as part of a £300 million business transformation programme.
17 March 2008
After reporting a healthy rise in full year pre-tax profits, UK fintech vendor Financial Objects says it is on the look out for earnings-enhancing acquisitions.
10 March 2008
Swiss banking systems vendor Temenos has posted hefty rises in revenue and profits for 2007 and says its business has not experienced any slowdown as a result of the credit crunch.
27 February 2008
Indonesia's PT Bank Tabungan Pensiunan Nasional (BTPN) is deploying technology from British banking systems vendor Misys to support its move into Islamic banking.
25 February 2008
India's Infosys Technologies says it has invested over US$60 million in the last three years on upgrading its flagship core banking platform Finacle.
20 February 2008
British banking systems vendor Misys is teaming with UK consultancy B-Plan Information Systems to supply and implement an integrated core banking platform at Rafidain Bank, the largest state bank in Iraq.
04 February 2008
Germany's Landesbank Baden-Württemberg (LBBW) has implemented SunGard's Front Arena platform to support pricing, trading, risk management and back office processing of its equity OTC business.
29 January 2008
UK banking-to-healthcare vendor Misys is reporting an upbeat set of interim results, with revenue rising three per cent and operating profit jumping 27% in the six months to 30 November 2007.
24 January 2008
Luxembourg-based Banque Raiffeisen is implementing the T24 core banking platform from Geneva-based Temenos to support its universal and retail operations.
21 January 2008
French banking group Société Générale has recruited consultancy Capgemini to standardise technology across its international retail banking subsidiaries.
18 January 2008
Allied Irish Bank (AIB) has awarded a three year contract, worth EUR45 million, to overhaul its core banking infrastructure to IBM.
16 January 2008
IBM is establishing a technology centre in Vietnam that will help its financial services clients build and deploy core banking applications and modernise IT systems.
14 January 2008
Bank Islam Malaysia Berhad is implementing the T24 modular core banking platform from Swiss vendor Temenos to provide Shariah-compliant services to customers in branches and via the Internet.
The latest research from Celent shows that IT spending by global financial services institutions slowed in 2007 to stand at US$342.1 billion, a year-to-year increase of 5.9% but substantially lower than the 8.7% growth achieved in 2006.
02 January 2008
Italian banking group UBI Banca International is rolling out the Midas Plus core banking package and the TI Plus trade finance application from UK vendor Misys across its EU branches.
17 December 2007
National Australia Bank (NAB) is outsourcing maintenance, management and support of some legacy systems to Indian offshore providers Infosys and Satyam in a move that has implications for around 300 IT staff at the bank.
14 December 2007
Fiserv CBS says its local partner in China has secured a deal to implement its international comprehensive banking system (ICBS) at Shenzhen Rural Commercial Bank (SRCB).
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