551 articles tagged with this keyword
News/Core banking systems
UK banking-to-healthcare vendor Misys is reporting an upbeat set of interim results, with revenue rising three per cent and operating profit jumping 27% in the six months to 30 November 2007.
24 January 2008
Luxembourg-based Banque Raiffeisen is implementing the T24 core banking platform from Geneva-based Temenos to support its universal and retail operations.
21 January 2008
French banking group Société Générale has recruited consultancy Capgemini to standardise technology across its international retail banking subsidiaries.
18 January 2008
Allied Irish Bank (AIB) has awarded a three year contract, worth EUR45 million, to overhaul its core banking infrastructure to IBM.
16 January 2008
IBM is establishing a technology centre in Vietnam that will help its financial services clients build and deploy core banking applications and modernise IT systems.
14 January 2008
Bank Islam Malaysia Berhad is implementing the T24 modular core banking platform from Swiss vendor Temenos to provide Shariah-compliant services to customers in branches and via the Internet.
The latest research from Celent shows that IT spending by global financial services institutions slowed in 2007 to stand at US$342.1 billion, a year-to-year increase of 5.9% but substantially lower than the 8.7% growth achieved in 2006.
02 January 2008
Italian banking group UBI Banca International is rolling out the Midas Plus core banking package and the TI Plus trade finance application from UK vendor Misys across its EU branches.
17 December 2007
National Australia Bank (NAB) is outsourcing maintenance, management and support of some legacy systems to Indian offshore providers Infosys and Satyam in a move that has implications for around 300 IT staff at the bank.
14 December 2007
Fiserv CBS says its local partner in China has secured a deal to implement its international comprehensive banking system (ICBS) at Shenzhen Rural Commercial Bank (SRCB).
UK banking systems vendor Misys says its business has not been hit by this year's credit crisis and that first half revenue increased year-on-year across all divisions, beating its own internal targets.
13 December 2007
Kazakhstan's Alliance Bank is to implement the Finacle universal banking system from Infosys as the cornerstone of a business transformation initiative.
10 December 2007
Bangladesh's AB Bank has rolled out technology from UK banking systems vendor Misys to support its retail and trade finance operations.
Mauritius Commercial Bank (MCB) is implementing the T24 modular core banking platform from Swiss vendor Temenos to support its corporate and retail operations.
04 December 2007
US banking giant Citi has completed a seven year project to implement the Flexcube core banking platform from Indian vendor i-flex across its markets and banking units in 67 countries.
14 November 2007
Iceland's Glitnir Bank has licensed the T24 modular core banking platform from Swiss vendor Temenos to support the launch of its new retail banking operations in Finland.
13 November 2007
Shares in Misys dropped in morning trading after UBS analysts downgraded the UK banking systems vendor from 'neutral' to 'sell' following concerns that financial firms are reviewing IT budgets.
09 November 2007
Bank of Ghana has rolled out the T24 core banking platform from Swiss vendor Temenos at its head office and across five branches.
06 November 2007
Indian fintech vendor i-flex has signed The Islamic Bank of Asia (IB Asia), a newly-launched subsidiary of Singapore's DBS Group, to its Flexcube core banking technology.
05 November 2007
Swiss banking systems vendor Temenos has posted third quarter net profit of US$9.9 million, compared to US$0.5 million in the same period last year, and has raised its full year guidance for the third time this year.
31 October 2007
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