Latest Sun Microsystems Inc News: Finextra Research

Strain on IT shows as banks adopt business-focussed approach to compliance

Financial services companies are optimistic about their ability to keep up with new regulations as they take a 'big picture' business-focussed approach to the compliance challenge, according to new research conducted by Finextra on behalf of Computacenter and Sun Microsystems.

24 September 2004

/regulation

Sun bids to reverse Wall Street decline

Sun Microsystems has unveiled a raft of initiatives for financial services companies as it bids to reverse its declining influence on Wall Street and address the threat posed by lower-cost servers and the burgeoning open source movement.

21 September 2004

/Sibos

Finexpo: Sun launches Java Payments Network

Sun Microsystems is using the Finexpo Retail Financial Technology conference to promote the launch of the Java Payments Network, a collaborative forum for banks and vendors to share information, explore new technology developments and promote new standards initiatives in the payments business.

14 September 2004

/retail

Allied Irish to deploy Sun's Java Desktop System across branch network

Allied Irish Bank (AIB) is rolling out Sun Microsystems' Java Desktop System (JDS) to 7500 users across its branch network.

29 June 2004

/regulation

Financial firms to increase investment in compliance

Financial institutions view compliance with regulations such as Basel II and Sarbanes-Oxley as the single most important driver of business strategy in 2004, according to a survey by Sun Microsystems.

12 December 2003

/retail

Sun releases Java Branch Controller

Sun Microsystems is releasing a beta version of its Java Branch Controller which promises remote installation and legacy system support for retail bank branches.

20 November 2003

/wholesale

Lehman Brothers extends Sun software for real-time upgrades

Lehman Brothers has been lauded by Sun for the creation of a Solaris Live Upgrade framework that utilises alternative storage volume management software to minimise risk in application upgrades.

04 November 2003

/Sibos

Sun and Concise announce joint payments practice

Sun Microsystems and the Concise Group are working together to deliver J2EE-based payment systems designed for Swift, RTGS, domestic and eurozone cross-border payments.

20 October 2003

/Sibos

Sun partners with BCSIS for Singapore cheque truncation system

BCS Information Systems (BCSIS) and Sun Microsystems have provided what they claim is the world's first nationwide cheque truncation system (CTS) in Singapore.

20 October 2003

/Sibos

Web Services found wanting in cash management tests

Interoperability and immature standards were found to be the key obstacles to the use of Web Services technology for cash management systems integration during a five-month proof of concept test undertaken by a group of US banks and vendors.

02 October 2003

/Sibos

Sun and Bank One to roll out 'government grade' payments platform

Bank One is collaborating with Sun Microsystems on the mass-market delivery of its high-volume Web payment application, which has previously been available only for the government sector.

17 September 2003

/Sibos

Integra SP and B2Bits launch MarketConnect STP messaging appliance

Integra SP and B2Bits have teamed to develop MarketConnect, a middleware-agnostic messaging appliance designed to ease the burden for institutions transferring data across multiple financial protocols.

10 September 2003

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