Outsourcing

502 articles tagged with this keyword

/regulation

Esma consults on cloud outsourcing guidelines

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has today published a consultation paper on guidelines on outsourcing to cloud service providers.

/markets

Iosco consults on updated outsourcing principles

The International Organization of Securities Commissions (Iosco) is looking for feedback on planned changes to its principles on outsourcing to service providers.

/regulation

Refinitiv survey exposes severe lack of due diligence on business supply chains

Refinitiv, one of the world’s largest providers of financial markets data and infrastructure, has published the findings of its fourth third-party risk survey.

/cloud

What does the future hold for a hybrid, multi-cloud future?

In the face of incessant economic volatility, political challenges and being compelled to execute continuous, complex technological adjustments, the financial services industry must acknowledge that the cloud will frame the future.

/markets

Options secures investment from Abry Partners

Options, the leading provider of cloud-enabled managed services to the global capital markets, today announced a significant growth investment by Abry Partners, a Boston-based sector focused private equity firm.

/Outsourcing

Heritage Bank and Diebold Nixdorf sign five-year deal

Diebold Nixdorf (NYSE: DBD), a global leader in driving connected commerce for the banking and retail industries, has partnered with Heritage Bank, Australia's largest customer-owned bank, to manage its entire fleet of ATMs as part of a five-year services and maintenance agreement.

/Outsourcing

Sibs to create 200 new jobs at BPO centre in Portugal

SIBS, a leader in payments processing and financial technological services in Europe, has just opened new facilities in Castelo Branco, in the Center of Portugal, where it will welcome 200 new employees in the coming months, reinforcing investment in the region and in its Business Process Outsourcing (BPO) unit in that city.

/Sibos

BNY Mellon expands trade finance services with KeyBank

BNY Mellon today announced a significant expansion of its existing trade finance processing services relationship with KeyBank by implementing an enhanced and updated model that will offer a more robust client experience for KeyBank’s trade finance clients, while aiming to increase the efficiency of service delivery.

/payments

LBBW extends equensWorldline Sepa agreement

equensWorldline, a subsidiary of Worldline [Euronext: WLN], European leader in the payments and transactional services industry, announces the early renewal of its service agreement by Landesbank Baden-Württemberg (LBBW).

/ai

Dissecting AI hype and FOMO

While artificial intelligence is transforming several industries, the financial sector has a lot to learn from specific case studies in non-banking areas such as health, travel and retail. To start at the beginning, despite the term AI having been bandied about with a number of different definitions, the actual definition is simple: technology that appears intelligent.

/cloud

Is RegTech encouraging a cloud revolution?

The deployment of new applications and the migration of core systems onto the cloud is in full swing, and financial institutions (FIs) could arguably soon be free of the legacy shackles that prevent them from moving forward into the age of digitalisation.

/Outsourcing

Central counterparites highlight best practices for third party risk management

Since the G20 mandate, the critically important role of central counterparties (CCPs) in the global financial marketplace has been subject to heightened focus.

/wholesale

INTL FCStone to buy outsourced trading firm Fillmore Advisors

INTL FCStone Inc. (NASDAQ: INTL) today announced that it has executed a sale and purchase agreement to acquire outsourced trading firm Fillmore Advisors. This news follows-on from the announcement that INTL launched a Prime Brokerage division in April of this year – with Fillmore Advisors now becoming an extension of that offering. This transaction, which is subject to regulatory approval, is effective on closing.

/Outsourcing

Norway's SpareBank 1 selects Nets for open banking

Norwegian bank group SpareBank 1 announces it has selected Nets to provide its open banking infrastructure.

/Outsourcing

BNP Paribas: Institutional investors increasingly looking to outsourcing

A BNP Paribas Securities Services survey of asset managers and asset owners, conducted in partnership with Sionic, found that 21% of institutional investors are considering outsourcing their dealing function in the next 18 to 24 months.

/regulation

Raphaels Bank fined £1.89m for outsourcing failures

The UK's Raphaels Bank has been fined £1.89 million for outsourcing failures which left thousands of customers unable to use their payment cards on Christmas Eve 2015.

/security

FI CISOs to ask for bigger cybersecurity budgets

Nearly three quarters of chief information and security officers at financial institutions plan to ask their firms for an increase in cybersecurity investments in the next year, according to a survey.

/retail

Sparkasse Hannover expands Diebold Nixdorf contract

Diebold Nixdorf (NYSE: DBD) today announced it has extended an existing self-service fleet management contract with Sparkasse Hannover and significantly expanded its scope of services with the savings bank.

/security

ProfitStars introduces managed security services suite

Jack Henry & Associates, Inc. (NASDAQ:JKHY) is a leading provider of technology solutions and payment processing services primarily for the financial services industry.

/Outsourcing

Barclays champions 5G, predicts £15.7 billion boost to UK economy per year by 2025

A new Barclays Corporate Banking report published today reveals that 5G could increase UK business revenues by a staggering £15.7 billion by 2025, despite industry leaders admitting they do not know enough about the benefits of the technology.