Latest Results from /sibos
/Sibos
Swiss-based STP vendor Sterci is to acquire a 25% equity stake in back office software house and Swift Service Bureau operator Simplex Consulting.
23 November 2009
Banking network Swift is working with a consortium of major financial institutions, corporations and technology vendors to develop a set of common standards for the implementation of ISO20022 messages in the corporate-to-bank space.
09 November 2009
SunGard is positioning itself as a central communications hub between banks, corporations and other trading partners with the launch of a technology 'ecosystem' linking users of its AvantGard treasury management system.
05 October 2009
BNY Mellon Treasury Services and Pegasystems have completed a "successful" pilot programme for Swift's new electronic bank account management scheme (Ebam).
25 September 2009
Financial messaging outfit Swift has dismissed reports that 300 jobs are on the line at its headquarters in La Hulpe, Belgium, as it acts to cut costs amid a decline in traffic volumes over the inter-bank network.
22 September 2009
Members of the European Parliament have claimed victory in their power struggle with the EC over negotiations on giving US authorities transaction information sent over the interbank Swift network.
17 September 2009
A business model pitch called e-ME won the competition part of the Innotribe side conference run for the first time at Swift's annual conference. The concept was workshopped as part of an assignment to develop ideas in cloud computing that delegates took part in over the course of the four-day event.
The International Payments Framework (IPF), an industry group aiming to simplify cross-border payments, is set to go live with the first stage of its payments plan in January 2010.
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.
Chi-X has signed an agreement with IBM to install its high speed messaging technology. This move is part of a larger race among liquidity providers to increase the speed of their services.
The future of transaction banking lies in greater collaboration between banks and a greater adoption of outsourcing. This was the main point delivered at a keynote debate at this Sibos, the annual user conference of banking co-operative Swift.
Financial messaging outfit Swift is looking to ease the burden of standards development and maintenance for banks and vendors with the release of a set of processable documentation components for automating the labour-intensive task of cross-referencing and maintaining multiple messaging standards.
16 September 2009
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