494 articles tagged with this keyword
News/Outsourcing
Nearly two thirds of Asia Pacific banks expect to see their risk management technology budgets grow this year, according to research from IDC Financial Insights.
04 March 2013
Swiss IT integration house Swisscom is to acquire the Entris Banking IT outsourcing business of RBA-Holdings, which provides services to 41 regional and savings banks across the country.
08 February 2013
Indian banking and securities companies will spend 416 billion rupees on IT products and services in 2013, an increase of more than 12% on last year, according to Gartner.
30 January 2013
Lloyds Banking Group has been slammed by union Unite over plans to offshore 190 IT jobs as part of larger round of 940 UK layoffs.
23 January 2013
French bank Societe Generale is pondering outsourcing around 400 corporate and investment back office jobs to Accenture, according to Reuters.
22 November 2012
The number of ATMs in India will double over the next four years, to 200,000, as regulatory changes that open the market up to non-banks take effect, according to Celent.
12 October 2012
The bargain-basement acquisition of 632 Lloyds bank branches and 754 ATMs by the UK's Co-operative group includes a long-term technology services agreement between the two parties.
19 July 2012
Royal Bank of Scotland is refusing to confirm or deny reports that an inexperienced IT operative in India was partially responsible for the computer meltdown that afflicted payments processing at the bank last week.
27 June 2012
Wells Fargo is considering exporting jobs to offshore sites in India and the Philippines as it embarks on a company-wide cost-cutting programme aimed at eliminating billions of dollars in quarterly expenses.
21 June 2012
ING US has inked a seven year, $330 million, insurance business process services contract with Cognizant that sees 1000 employees transfer to the vendor.
15 June 2012
Australia's ANZ has inked a software testing outsourcing contract with Capgemini that will see 360 of the bank's IT staff move to the French vendor.
06 June 2012
Clearstream has inked a deal with BME-owned central securities depository Iberclear, that will see the pair develop a tri-party collateral management service for Spain by 2013.
22 May 2012
IBM has scored a $100 million IT outsourcing deal with Banco de Credito del Peru (BCP).
09 May 2012
Lloyds Banking Group is axing 100 IT jobs and transferring another 300 to India as part of a wider cull, decried as "brutal" by unions, at the taxpayer-backed institution
13 March 2012
Australian bank Westpac is cutting 126 jobs, including 119 in information technology, and outsourcing the work to India in a bid to cut costs.
06 March 2012
UniCredit-owned Ukrainian bank PJSC Ukrsotsbank has signed a 10-year, $200 million IT systems and processes outsourcing contract with IBM.
09 February 2012
Australia's Westpac is set to axe 400 positions and offshore another 150 roles in the latest round of job cuts at the bank.
02 February 2012
La Caixa has inked a 10-year strategic services agreement with IBM which will see Big Blue mange the Spanish bank's infrastructure technology budget, worth EUR2 billion over the period.
03 January 2012
BT has bagged a £45 million deal with CLSA Asia Pacific Market to provide a fully managed voice, data and trading systems network across 14 countries in the Asia Pacific region, the UK and the US.
12 December 2011
The UK's government-backed savings scheme National Savings & Investment (NS&I) has put out a tender for an outsourcing deal that could be worth up to £2 billion for the successful bidder.
24 November 2011
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