560 articles tagged with this keyword
News/Core banking systems
Core banking vendor Misys is planning to license its next-generation BankFusion platform to third party developers in an effort to promote the product as an industry tool.
05 March 2010
Having been hit hard by the financial crisis, Swiss core banking vendor Temenos has shown tentative signs of recovery, posting rises in fourth quarter and full year operating profit despite slight falls in revenue.
18 February 2010
US banking giant Citi has cut $1.42 billion from its operations and technology budget at the mid-way stage of a three-year campaign to eliminate $3 billion in tech spending.
15 February 2010
Deutsche Bank is embarking on a multi-year programme to replace its various IT systems in Germany with a unified core banking platform based on technology from SAP.
27 January 2010
Misys has reported an 11% fall in revenues at its banking unit for the first half, although the gloom was partially offset by more encouraging news at the firm's healthcare and treasury and capital markets divisions.
14 January 2010
Swiss core banking vendor Temenos has signed a definitive agreement to buy French rival Viveo for around $81 million.
06 January 2010
Swiss core banking vendor Temenos has inked a commercial and technology agreement with US giant Microsoft.
10 December 2009
IBM has sold its first mainframe in Namibia in a $5 million deal with First National Bank of Namibia.
24 November 2009
Aspiring supermarket bank Tesco has selected Fiserv to provide the core technology platform for its push into the UK's retail financial services arena.
20 November 2009
IBM has signed a seven-year, EUR55 million strategic outsourcing agreement with Finnish IT banking service provider Samlink.
17 November 2009
Bank of Georgia (BOG) has signed for the T24 core banking system from Swiss vendor Temenos in a bid to consolidate operations on a single platform.
28 October 2009
India's Polaris Software Lab has agreed to buy banking software firm Laser Soft Infosystems in an all cash deal worth around Rs52 crores ($11 million).
15 October 2009
Misys has reported an eight per cent slide in revenues and 14% fall-off in order intake from its banking division, in an interim management statement for the three months ending September 2009.
30 September 2009
Shares in Misys have ticked up after City analysts talked up the possibility of a break-up and piecemeal sell-off of the banking-to-healthcare group.
29 September 2009
Core system renewal strategies at banks often create more problems than they solve, as firms ignore enterprise integration issues in favour of tactical one-off changes and quick-fix band aids, according to research conducted by Sterling Commerce.
17 September 2009
Swiss core banking supplier Temenos has signed its first customer in India, microfinance specialist Equitas, to the T24 platform.
24 August 2009
Commonwealth Bank of Australia (CBA) has added A$150 million to its original A$580 million core banking overhaul budget to cover the inclusion of subsidiaries Auckland Savings Bank and Bankwest in the project.
12 August 2009
A Chicago-based self-styled "green" community bank, set to open in the fourth quarter, has contracted Fiserv for the provision of an environmentally friendly technology platform.
11 August 2009
Despite recording a 15% decline in revenue for the second quarter, Swiss core banking supplier Temenos says its cost cutting programme has left it in a strong position to navigate the downturn.
03 August 2009
Swiss core banking supplier Temenos has settled a dispute with Metavante over a joint US marketing pact that was thrown into confusion by the proposed $2.94 billion takeover of the US vendor by Fidelity National Information Systems.
22 July 2009
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