26 May 2013

All wholesale banking news

Luxembourg private bank Société Générale Bank & Trust has completed a two-year project to migrate its core banking system, comprising ten million lines of code, to a cloud computing architecture.

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Osaka Securities Exchange heads fined over systems outage; ASX rapped for comms breakdown

23 May 2013  |  0

The president and managing director of Osaka Securities Exchange have had their pay docked in recompence for a four-hour shut down of the J-Gate derivatives trading system in March.

Commerzbank building signage 5

Commerzbank signs for Clear2Pay Open Payment Framework

22 May 2013  |  0

Germany's Commerzbank has contracted with Clear2Pay for the deployment of the Belgium-based company's Open Payment Framework (OPF) as a central platform for end-to-end XML processing.

London stock exchange 1

LSE poaches SunGard's Mack Gill to head up MillenniumIT

22 May 2013  |  0

The London Stock Exchange has hired SunGard's John Mackay ('Mack') Gill to serve as chief executive of its technology subsidiary MillenniumIT.

 

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