Outsourcing

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Sparkasse Hannover expands Diebold Nixdorf contract

Diebold Nixdorf (NYSE: DBD) today announced it has extended an existing self-service fleet management contract with Sparkasse Hannover and significantly expanded its scope of services with the savings bank.

/security

ProfitStars introduces managed security services suite

Jack Henry & Associates, Inc. (NASDAQ:JKHY) is a leading provider of technology solutions and payment processing services primarily for the financial services industry.

/retail

Commonwealth Bank & Trust signs for Jack Henry SilverLake System

Jack Henry & Associates, Inc. (NASDAQ:JKHY) is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Its Jack Henry Banking division announced today that it has partnered with Louisville, Ky.-based Commonwealth Bank & Trust to provide the support, services, and efficiencies the bank needs after surpassing $1 billion in assets.

/Outsourcing

New York Community Bancorp boosts digital capabilities with Fiserv

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that New York Community Bancorp, Inc., (NYSE:NYCB), the parent company of New York Community Bank, a $51.2 billion in assets financial institution based in Westbury, New York, will advance its retail banking and commercial lending capabilities by converting to a modern, real-time core platform and integrated suite of digital banking and payment solutions from Fiserv.

/retail

Guilford Savings Bank signs with Jack Henry Banking

Jack Henry & Associates, Inc. (NASDAQ:JKHY) is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Its Jack Henry Banking® division announced today that it was selected by Connecticut-based Guilford Savings Bank to meet the bank’s aggressive growth goals with a digital focus and added efficiencies.

/retail

Fiserv reports outsourcing trend among core processing clients

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that more than 80 Fiserv bank clients have completed a migration to outsourced core processing in the past 24 months, with nearly 60 more scheduled to make the move in 2019.

/Outsourcing

Camden National Bank outsources core to Jack Henry

Jack Henry Banking division announced today that Camden National Bank has made several strategic technology decisions to strengthen its infrastructure as the bank grows and evolves to meet the needs of its customers.

/Outsourcing

Outsourced trading gaining in popularity

A new Greenwich Associates report, Outsourced Trading: Helping the Buy Side Improve Execution and Enhance Operational Efficiency investigates outsourced trading and the perception of U.S. institutional asset management and hedge fund professionals toward this growing industry.

/retail

Punjab National Bank inks management services deal with NCR

NCR Corporation (NYSE: NCR), a leader in banking and commerce solutions, today announced a new managed services agreement with Punjab National Bank (PNB), India’s third largest public sector bank.

/retail

Symitar expands outsourcing initiatives

Jack Henry & Associates, Inc.® (NASDAQ:JKHY) is a leading provider of technology solutions and payment processing services primarily for the financial services industry.

/Outsourcing

Unisys lands seven-figure deal from Sutherland Mortgage Services

Sutherland Mortgage Services has announced a five-year, seven-figure deal with global information technology company Unisys Corporation to launch a bespoke outsourced mortgage servicing platform for the UK market.

/Outsourcing

Volksbank in der Ortenau agrees early extension of agreement with SIX Payment Services

Volksbank in der Ortenau eG, one of the largest cooperative banks in Baden-Württemberg (Germany), will be relying on the services of SIX Payment Services in Acquiring Processing for a further five years, therefore successfully positioning itself as the bank of choice with their business customers.

/Outsourcing

First Data extends Wels Fargo joint venture

First Data (FDC) announced today that it has extended its merchant acquiring joint venture with Wells Fargo Bank, Wells Fargo Merchant Services (WFMS), until December 31, 2024.

/Outsourcing

Aldermore extends processing contract with Newcastle Building Society

Newcastle Strategic Solutions, part of the Newcastle Building Society Group, today announces that it has extended its existing contract with Aldermore to continue to manage its retail savings portfolio from its North East base.

/Outsourcing

Cynozure offers chief data officer on demand

Cynozure, the data and analytics strategy consultancy, today announces its CDO Hub, an innovative and pioneering service for businesses of all sizes to access the very best data expertise, as and when needed.

/Outsourcing

IBM strikes $140 million managed services deal with Thailand's Krungsri

IBM (NYSE: IBM) and Krungsri (Bank of Ayudhya PCL), one of Thailand's largest financial institutions with 8.6 million credit cards, sales finance, and personal loan accounts, today announced a five-year US$140M engagement, to support the bank's future roadmap for growth and focus on digital banking.

/Outsourcing

Credit Agricole outsources listed derivatives back office to Caceis

Crédit Agricole CIB has appointed CACEIS as one of its main listed derivatives clearers.

/Outsourcing

SRM looks to automate contract management

SRM (Strategic Resource Management) is an independent advisory firm for financial institutions, specializing in vendor services related to payments, digital banking, core processing and operational efficiencies.

/Outsourcing

CivilisedBank outsources HR to The Curve Group

The Curve Group, one of the UK’s fastest growing Recruitment and HR outsourcing companies, announces today that it has entered into an exciting partnership with CivilisedBank to provide them with an exclusive HR Outsource solution.

/Outsourcing

More than half of institutional investors plans to outsource data management by 2021

State Street Corporation (NYSE: STT) announced today new research[1], which reveals that more than half (60 percent) of institutional investors surveyed plan to partly or fully outsource their data management over the next three years.

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