Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

Banorte and Toyota apply Tibco BPM to credit operations

Banorte and Toyota Services of Mexico have implemented Tibco's Business Process Management (BPM) platform to ease automation and legacy application integration in their auto-financing operations.

14 February 2006

News/Workflow/document management

Skandia Life licenses Thunderhead document generation technology

UK financial services group Skandia Life is implementing Thunderhead's document generation technology to manage customer communications.

09 February 2006

News/Workflow/document management

Getronics wins largest-ever financial services IT outsourcing deal

Barclays has awarded Getronics a five-year EUR200 million contract to provide desktop and application support to over 30,000 users, principally in the UK.

03 February 2006

News/Workflow/document management

City compliance managers lack confidence in op risk systems

More than half of City compliance managers contacted by the Chartered Management Institute have no confidence in the ability of their operational risk management systems to adapt to future change.

02 February 2006

News/Workflow/document management

Friends Provident implements Methodware risk assessment tools

UK life and pensions outfit Friends Provident has licensed software from New Zealand-based Methodware to manage its group risk operations.

31 January 2006

News/Workflow/document management

HSBC sells UK statement facility to Communisis; signs outsourcing deal

HSBC has sold its statement production business in the UK to Communisis Ltd and inked a £250m outsourcing deal with the vendor for the production and delivery of its document-based customer communications over the next ten years.

16 January 2006

News/Workflow/document management

Deutsche Börse, Reuters and vwd sell DGAP venture to EquityStory

Online investor relations specialist EquityStory is acquiring Deutsche Gesellschaft für Ad-hoc-Publizität (DGAP), a business established by Deutsche Börse, Reuters and vwd Vereinigte Wirtschaftsdienste to provide electronic distribution of ad-hoc disclosures.

02 December 2005

News/Workflow/document management

HSBC selects Pega as global BPM workflow standard

HSBC is to use Pegasystems software as a global standard for rules-driven workflow automation across the enterprise.

04 October 2005

News/Workflow/document management

Morgan Stanley faces $10m fine for failing to keep e-mail - WSJ

The Securities and Exchange Commission is threatening to fine Morgan Stanley over $10 million for allegedly violating record-keeping rules by failing to retain e-mail messages, according to a report by the Wall Street Journal.

02 September 2005

News/Workflow/document management

Nordea outsources Finnish document management ops to Itella

Scandinavian banking group Nordea is outsourcing its payments-based document management services at its Finland operations to Helsinki-based Itella.

30 August 2005

News/Workflow/document management

Banks line up for SwiftNet exceptions pilot

Up to 19 banks have been lined up for pilot trials of a new SwiftNet service for automating payments exceptions across the financial messaging network.

27 July 2005

News/Workflow/document management

Metavante acquires Treev for $19.5m

Metavante Corporation, the financial technology arm of banking group Marshall & Ilsley, has signed a definitive agreement to acquire Treev, a Virginia-based provider of document management software and consulting services to financial firms, for $19.5 million.

24 June 2005

News/Workflow/document management

Commerzbank enhances OTC derivatives processing with Scrittura

Germany's Commerzbank has implemented document imaging and workflow management technology from Scrittura which it is using to enhance back office processing of OTC derivatives transactions.

21 June 2005

News/Workflow/document management

ANZ licenses Fast online search technology

Australia's ANZ bank is adding real-time search technology from Norway-based Fast Search and Transfer (Fast) to its global intranet and client facing Web sites.

02 June 2005

News/Workflow/document management

JPMorgan signs for mySap ERP platform

JPMorgan Chase is implementing enterprise resource planning software from Sap as part of a long-term plan to improve financial reporting and analysis across the group.

19 May 2005

News/Workflow/document management

Finansbank selects MicroStrategy for reporting and analysis

Turkey's Finansbank has deployed MicroStrategy's business intelligence technology to support its financial reporting and analysis processes.

18 May 2005

News/Workflow/document management

Fiserv acquires Emergis US e-mortgage unit

Fiserv has signed a definitive agreement to acquire Montreal-based Emergis' mortgage processing operations in the US for US$13.75m in cash.

10 May 2005

News/Workflow/document management

Bank Leumi USA outsources back office operations to ADP

Israel's Bank Leumi has signed a multi-year outsourcing agreement with ADP for the management of securities transaction processing and regulatory document delivery services at its US operations.

03 May 2005

News/Workflow/document management

Pegasystems warns of slow license sales

Massachusetts-based Pegasystems says customer license signings "decreased significantly" in the first quarter of 2005 from the previous quarter and will need to improve substantially if the vendor is to achieve projected sales targets for 2005.

29 April 2005

News/Workflow/document management

Rabobank implements Pega BPM suite

Rabobank of the Netherlands is to use business process management technology from Pegasystems for automation projects in trade finance and payments processing.

14 April 2005