Outsourcing

161 articles tagged with this keyword

/regulation

DKB selects BearingPoint RegTech Factory and Abacus360 for regulatory reporting

Deutsche Kreditbank AG (DKB) will use the full-service offering of BearingPoint RegTech to meet its regulatory reporting requirements.

/wealth

SocGen Private Bank outsources international back office IT to Azqore

In a constant drive to improve the quality of service and user experience, Societe Generale signs with Azqore, a subsidiary of Indosuez Wealth Management, an agreement related to the execution of back-office operations and a large part of the IT services of Societe Generale Private Banking's international entities.

/regulation

BearingPoint unveils 'RegTech Factory'

BearingPoint RegTech, a leading international provider of innovative supervisory, regulatory and risk technology solutions (SupTech, RegTech and RiskTech), has launched an outsourcing solution for regulatory reporting that will diminish the cost of compliance for institutions.

/regulation

Rabobank clocks in to BearingPoint RegTech Factory

Cooperative Rabobank U.A. (Rabobank), a large bank in the Netherlands, has decided on outsourcing parts of their regulatory reporting processes to BearingPoint RegTech.

/Outsourcing

State Street and SimCorp form business partnership

State Street Corporation (NYSE: STT) and investment management solutions and service provider, SimCorp (OMXC25: SIM), today announced their intent to form a business partnership to provide a premier, fully integrated, front-to-back investment outsourcing solution for insurance firms in Europe, Middle East and Africa (EMEA).

/retail

Digital credit platform in fundraising effort

Collaborative financing platform mozzeno raised € 3,000,000 from its existing and new shareholders.

/markets

KGAL outsources fund administration to Caceis

CACEIS Fonds Service GmbH took over the fund accounting for 16 closed-end special funds from KGAL Group (KGAL).

/people

Etrading expands managed service offering

Etrading Software, the independent, global provider of technology-led solutions designed for financial institutions and industry initiatives, has today announced three new hires in its London office, as well as a new operational layer in Asia.

/wealth

Allfunds launches B2B sub-advisory platform

Allfunds, the leading independent wealthtech and fund distribution platform, has announced plans to launch an investment outsourcing and sub-advisory B2B solutions platform for banks, wealth managers and institutional investors. This new platform branded “Allfunds Investment Solutions” will be rolled out as of Q3.

/regulation

Esma consults on cloud outsourcing guidelines

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has today published a consultation paper on guidelines on outsourcing to cloud service providers.

/regulation

Refinitiv survey exposes severe lack of due diligence on business supply chains

Refinitiv, one of the world’s largest providers of financial markets data and infrastructure, has published the findings of its fourth third-party risk survey.

/markets

Options secures investment from Abry Partners

Options, the leading provider of cloud-enabled managed services to the global capital markets, today announced a significant growth investment by Abry Partners, a Boston-based sector focused private equity firm.

/Outsourcing

Heritage Bank and Diebold Nixdorf sign five-year deal

Diebold Nixdorf (NYSE: DBD), a global leader in driving connected commerce for the banking and retail industries, has partnered with Heritage Bank, Australia's largest customer-owned bank, to manage its entire fleet of ATMs as part of a five-year services and maintenance agreement.

/Outsourcing

Sibs to create 200 new jobs at BPO centre in Portugal

SIBS, a leader in payments processing and financial technological services in Europe, has just opened new facilities in Castelo Branco, in the Center of Portugal, where it will welcome 200 new employees in the coming months, reinforcing investment in the region and in its Business Process Outsourcing (BPO) unit in that city.

/Sibos

BNY Mellon expands trade finance services with KeyBank

BNY Mellon today announced a significant expansion of its existing trade finance processing services relationship with KeyBank by implementing an enhanced and updated model that will offer a more robust client experience for KeyBank’s trade finance clients, while aiming to increase the efficiency of service delivery.

/payments

LBBW extends equensWorldline Sepa agreement

equensWorldline, a subsidiary of Worldline [Euronext: WLN], European leader in the payments and transactional services industry, announces the early renewal of its service agreement by Landesbank Baden-Württemberg (LBBW).

/Outsourcing

Central counterparites highlight best practices for third party risk management

Since the G20 mandate, the critically important role of central counterparties (CCPs) in the global financial marketplace has been subject to heightened focus.

/wholesale

INTL FCStone to buy outsourced trading firm Fillmore Advisors

INTL FCStone Inc. (NASDAQ: INTL) today announced that it has executed a sale and purchase agreement to acquire outsourced trading firm Fillmore Advisors. This news follows-on from the announcement that INTL launched a Prime Brokerage division in April of this year – with Fillmore Advisors now becoming an extension of that offering. This transaction, which is subject to regulatory approval, is effective on closing.

/Outsourcing

Norway's SpareBank 1 selects Nets for open banking

Norwegian bank group SpareBank 1 announces it has selected Nets to provide its open banking infrastructure.

/Outsourcing

BNP Paribas: Institutional investors increasingly looking to outsourcing

A BNP Paribas Securities Services survey of asset managers and asset owners, conducted in partnership with Sionic, found that 21% of institutional investors are considering outsourcing their dealing function in the next 18 to 24 months.