Network/systems management

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SIA and Colt win ECB tender for ESMIG connectivity

/Network/systems management

SIA and Colt win ECB tender for ESMIG connectivity

The European Central Bank (ECB) has awarded a tender to Italian payment processor SIA and telco Colt for the provision of connectivity services to the Eurosystem market infrastructures.

Live: FusionONE 2019 - day one

/devops

Live: FusionONE 2019 - day one

Welcome to Finextra’s live coverage of FusionONE 2019. This two-day event is Finastra's first major developer conference, which will see hundreds of developers from fintech companies and banks taking part in a deep dive into FusionFabric.cloud tools and infrastructure.

Securities participants are next on the hitlist for cyber attackers – BAE Systems and Swift report

/security

Securities participants are next on the hitlist for cyber attackers – BAE Systems and Swift report

In an interview with Finextra, BAE Systems’ head of cyber security consulting practice Robin Oldham shares new research conducted with interbank messaging network Swift, which profiles the way in which sophisticated cyber crime gangs are moving up the value chain in search of big wins in the wholesale payments and capital markets arena.

Australian agency claims blockchain breakthrough

/Network/systems management

Australian agency claims blockchain breakthrough

A federal science agency in Australia has claimed a world first after completing testing on a global blockchain network that is capable of processing 30,000 cross-border transactions per second.

Tesco Bank facing £30m fine over cyber breach

/Network/systems management

Tesco Bank facing £30m fine over cyber breach

The UK's banking watchdog is threatening to charge Tesco Bank £30m for its failure to prevent a cyber attacks that affected thousands of customers in 2016.

Swift Business Forum London - live blog

/Network/systems management

Swift Business Forum London - live blog

Welcome to Finextra's live coverage of the Swift Business Forum London 2018. This event will focus on important issues affecting the financial industry, exploring how far and how fast the transformation of financial services will take place in the UK and beyond.

LME hit by second problem in a week

/Network/systems management

LME hit by second problem in a week

It has been a week to forget for the London Metal Exchange after it was forced to delay trading on Friday by four hours due to a connectivity issue with an external network provider, according to Bloomberg.

Deutsche Bank to issue update on IT overhaul - FT

/Network/systems management

Deutsche Bank to issue update on IT overhaul - FT

The executive charged with the job of overhauling Deutsche Bank's IT systems is due to give her first progress report this Friday, according to the Financial Times.

Goldman Sachs buys $20.5m stake in HFT tech firm Perseus

/Network/systems management

Goldman Sachs buys $20.5m stake in HFT tech firm Perseus

Goldman Sachs has bought a $20.5 million minority stake in Perseus, a firm that provides super-fast connectivity for high-frequency trading firms.

UK's high value payment system Chaps goes down

/Network/systems management

UK's high value payment system Chaps goes down

The Bank of England was forced to suspend the UK's real-time gross settlement system Chaps for several hours on Monday while it investigated an unspecified technical glitch.

AIB taps Hitachi Data Systems for digital banking push

/Network/systems management

AIB taps Hitachi Data Systems for digital banking push

Allied Irish Bank (AIB) has enlisted Hitachi to overhaul its entire IT storage environment as part of a wider effort to become a more digitally-focused operation.

Brown Brothers Harriman to ditch traditional desktops as workers go mobile

/Network/systems management

Brown Brothers Harriman to ditch traditional desktops as workers go mobile

US investment bank Brown Brothers Harriman expects to have abandoned traditional desktop computing within two years as employees move to mobile working, says CIO and partner Christopher Remondi.

Bank of America hit by website crash in the US

/Network/systems management

Bank of America hit by website crash in the US

Bank of America's online banking website crashed on Friday, February 1st in the US leaving customers temporarily unable to access their accounts.

Banks announce support for SAP corporate cloud messaging network

/Network/systems management

Banks announce support for SAP corporate cloud messaging network

Bank of America Merrill Lynch, The Bank of Tokyo-Mitsubishi UFJ, Citi, Deutsche Bank, Nordea, Royal Bank of Scotland and Standard Chartered Bank have announced their involvement in the development of the SAP Financial Services Network (FSN), a cloud-based corporate-to-bank connectivity platform.

Indian financial services IT spending soars - Gartner

/Network/systems management

Indian financial services IT spending soars - Gartner

The Indian financial services industry will spend Rs377 billion ($6.77 billion) on IT this year, 17% up on 2011, according to Gartner.

IBM breaks new ground in Ukraine with $200m Ukrsotsbank IT outsourcing deal

/Network/systems management

IBM breaks new ground in Ukraine with $200m Ukrsotsbank IT outsourcing deal

UniCredit-owned Ukrainian bank PJSC Ukrsotsbank has signed a 10-year, $200 million IT systems and processes outsourcing contract with IBM.

Sugamo Shinkin Bank migrates PCs to IBM desktop cloud

/Network/systems management

Sugamo Shinkin Bank migrates PCs to IBM desktop cloud

Japan's Sugamo Shinkin Bank has selected IBM for the development of a virtual client environment, tapping Big Blue's desktop cloud.

Thomson Reuters unveils high-speed global network

/Network/systems management

Thomson Reuters unveils high-speed global network

Thomson Reuters has unveiled a global high-speed data distribution network and hosting environment designed to enable financial firms around the world to access and share information.

Finextra and the FISD partner for webcasts in 2010

/Network/systems management

Finextra and the FISD partner for webcasts in 2010

The Financial Information Services Division (FISD) and Finextra have forged a partnership to deliver a series of video webcasts for market data and risk management professionals worldwide with a focus on real-time data management and delivery, reference data, and standards.

Business demands to outpace trading tech budgets in 2010 - Tabb

/Network/systems management

Business demands to outpace trading tech budgets in 2010 - Tabb

Speed will continue to be the name of the game for US equity brokers in 2010 but business demands beyond latency may outpace trading technology budgets, according to a study from Tabb Group.

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