Core banking systems

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/Core banking systems

Poland's Sygnity joins Misys InFusion programme

Sygnity S.A. and Misys, the leading financial software company, have signed a strategic partnership agreement which covers the Polish market.

/Core banking systems

Five Degrees demos Ripple connectivity

Five Degrees, the next generation banking software company is to show today at Finovate 2015 in London how Matrix, its customer centric core banking software platform can connect to a world of services.

Core surgery a necessity as banks lose faith in legacy systems - Finextra

/Core banking systems

Core surgery a necessity as banks lose faith in legacy systems - Finextra

A clear majority of banks believe that they will have to overhaul their core infrastructure over the next three to five years if they are to face off the threat from more agile competitors, according to research conducted by Finextra.

Temasek plans Misys bid - Sky News

/Core banking systems

Temasek plans Misys bid - Sky News

Temasek Holdings, Singapore's state-owned investment fund, is sniffing around core banking supplier Misys, which has been put on the block by current owner Vista Equity Partners, according to Sky News.

Core technology conversions to remain on the downlow - Aite

/Core banking systems

Core technology conversions to remain on the downlow - Aite

Core bank technology vendors anticipating a slew of orders from America's largest banks in 2015 are likely to be disappointed as the sector adopts a patch and mend strategy rather than risk a full-blown conversion.

/Core banking systems

New Cypriot bank Ancoria selects Oracle Flexcube as tech backbone

As the financial services landscape continues to transition, independent banks are exploring business opportunities around the globe. Newly established Ancoria Bank is launching in Cyprus, where it will focus on servicing small to midsize enterprises, as well as a segment of the retail sector.

/Core banking systems

Fiserv reboots loan origination platform

Fiserv, Inc. (FISV), a leading global provider of financial services technology solutions, today announces the availability of LoanLaunch, formerly known as Common Origination Platform.

Challenger bank Hampden & Co outsources core banking provision to Oracle

/Core banking systems

Challenger bank Hampden & Co outsources core banking provision to Oracle

Hampden & Co, a new UK private bank scheduled to open in the first quarter of 2015, is to use a cloud-based version of Oracle Flexcube as it digital banking platform.

Temenos shares slip on poor sales

/Core banking systems

Temenos shares slip on poor sales

Shares in Swiss core banking vendor Temenos have slipped 18 percent after the vendor revised guidance and warned of disappointing Q4 sales.

Tech Mahindra to acquire Switzerland's Sofgen

/Core banking systems

Tech Mahindra to acquire Switzerland's Sofgen

Indian IT services group Tech Mahindra has agreed a sub-$30 million all-cash deal to acquire niche core banking consultancy Sofgen.

/Core banking systems

Evry signs four Norwegian banks to Nkr1.2 billion core banking contract

EVRY has entered into a comprehensive agreement to provide payment services to Sparebanken Sør, Sparebanken Sogn og Fjordane, Helgeland Sparebank and Gjensidige Bank. The contract runs for a period of five years and represents total contract value of NOK 1.2 billion.

International vendors on alert as US banks rethink core platform strategies

/Core banking systems

International vendors on alert as US banks rethink core platform strategies

Consolidation among domestic vendors of core banking products in North America has created a rare opportunity for international players such as Temenos, Infosys, and TCS to establish a toehold in a market forecast to be worth $3.3 billion by 2017, according to a report by Celent.

/Core banking systems

Tunis International Bank goes live on ICS Banks

Tunis International Bank (TIB), the first bank established in Tunisia under the non-resident banking regulations and a member of Burgan Banking Group, the regional banking arm of Kuwait Projects Co. (KIPCO), went live on ICS BANKS® from ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions.

/Core banking systems

Citadel Federal Credit Union Chooses Symitar

Citadel Federal Credit Union has selected Episys, from Symitar, for in-house core processing. Symitar is a a division of Jack Henry & Associates, a provider of technology solutions and payment processing services primarily for the financial services industry.

/Core banking systems

TCS launches app-focussed platform Bancs Digital

Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS), a leading IT services, consulting and business solutions organization, announced the launch of its latest solution, TCS BaNCS Digital, to help financial institutions reimagine the digital experience for their customers and build a seamless and interconnected bank.

/Core banking systems

Community Frist to convert to Corelation KeyStone core

In an effort to enhance its operations and staff efficiency, Community First Credit Union has ($173 million; 16,500 members; Santa Rosa, CA) has signed with credit union core processor Corelation Inc. to help it achieve these goals and more.

NAB decommissions 37 legacy servers as it deploys new credit risk engine

/Core banking systems

NAB decommissions 37 legacy servers as it deploys new credit risk engine

NAB has decommissioned 37 legacy servers that supported its old credit risk engine, following the successful roll-out of a new analytics layer as part of the Australian bank’s NextGen programme.

/Core banking systems

Russia's Egar Technology to join Misys partner programme

Misys, the leading financial software company, has signed an agreement with EGAR Technology to become a member of the Misys InFusion Partner programme.

/Core banking systems

Fiserv names Kevin Schultz group president

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that Kevin Schultz has been named group president.

/Core banking systems

Hudson Valley FCU chooses Symitar for core conversion

Jack Henry & Associates, Inc. (JKHY) is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Its Symitar® division announced today that $4 billion Hudson Valley Federal Credit Union has selected Episys® for in-house core processing.

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