clear
clear

3349 Results from 2002

/regulation

Brief: Raft appoints Derek Hall to the board

UK-based financial software components company Raft International has appointed Derek Hall as a non-executive director, effective immediately.

/retail

IntesaBCI rolls out Domino intranet

IntesaBCI, the newly-created Italian bank from the merger between Banca Commerciale Italiana and Intesa, has implemented a new intranet system across its London operations using technology from Domino Systems.

/retail

Alltel acquires Euronet EFT network

Alltel Information Services has purchased Euronet Worldwide's Dash electronic funds transfer (EFT) network to provides transaction switching and ATM driving capabilities throughout the United States. Financial terms were not disclosed.

/wholesale

Singapore Exchange IT head resigns post

Singapore Exchange Limited (SGX) is reporting the resignation of Roy Simpson as senior vice president and head of the IT Solutions division.

/retail

First National selects Fineos for customer relationship management

First National bank has chosen IT services company, Keane Ltd, to implement a new customer relationship management solution from Fineos across its consumer finance division.

/payments

Mining industry set for live trading on Bolero

Internet-based trade finance platform bolero.net has signed up five Korean bulk carriers to take part in a trading chain with steel company Posco, and metals and mining giants BHP Billiton and Rio Tinto.

/retail

London Bridge wins community bank Phoenix ASP contract

Florida-based Community Bank of Broward has signed a five-year agreement with London Bridge Group for the ASP-based deployment of its Phoenix banking system.

/retail

Financial Objects hit by bad debt

An £850,000 provision against potential bad debts will drag down final year results at banking software provider Financial Objects, the vendor has warned in a trading statement.

/retail

Crédit Agricole goes live with Madge DeskStream switches

Crédit Agricole Centre France has upgraded its IT Token Ring network using technology from UK-based Madge Networks.

/regulation

China Construction Bank chooses Teradata for data warehousing

China Construction Bank has selected Teradata, a division of NCR Corporation, to provide an enterprise data warehouse solution across the bank's operations.

/retail

Temenos wins three new Globus clients

Banking systems vendor Temenos is reporting three new Globus contract wins at US-based Mellon Financial Corporation, Trust and Investment Bank (TIB) of Russia, and Vietnam-based Techcom Bank.

/regulation

IT industry on track for recovery, says IDC

Market intelligence agency IDC says the information technology industry is set to rebound by mid-2002, recovering from the devastating impact of the 11 September terrorist attacks on America.