Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

Westpac cuts 188 IT jobs

Australian bank Westpac is axing 188 jobs in its IT department as part of a cost-reduction programme that will see it outsource more functions.

14 November 2011

Finextra TV/Outsourcing

Payments transformation

Jeremy Light management consultant at Accenture talks outsourcing, investing and Sepa at Sibos 2011.

07 November 2011

News/Outsourcing

Accenture to buy Banco Popolare IT services business; inks outsourcing contracts

Accenture has signed a deal to acquire Itaca Service, an IT services business owned by Banco Popolare subsidiary, Banca Italease. The vendor has also inked five year outsourcing agreements with Banco Popolare and Itaca Service customer Alba Leasing.

01 November 2011

Finextra TV/Outsourcing

Reaching customers in new markets

Chris Pickles, head of Industry Initiatives - Global Banking & Financial Markets at BT, talks about global expansion at Sibos 2011.

27 September 2011

News/Outsourcing

SunGard to buy Swift service bureau Syntesys

SunGard has reached an agreement on the acquisition of Syntesys, a European Swift service bureau, in a bid to expand its outsourcing service for corporate to bank messaging.

19 September 2011

News/Outsourcing

Cloud computing and SaaS on the agenda at City Post-Trade Forum

City luminaries will gather at the London Stock Exchange later this month to debate the future of back office outsourcing in an era of cloud computing and software-as-a-service technology models in the latest Finextra Post-Trade Forum event.

02 September 2011

News/Outsourcing

Parseq chief makes takeover approach

Aim-listed mobile and online banking software outfit Parseq says it has been approached by a group led by its own chief executive, Rami Cassis, about a takeover.

23 August 2011

News/Outsourcing

AIB to sell outsourcing unit to Capita

Allied Irish Bank (AIB) is selling off its international financial services business to outsourcing giant Captia for £29 million.

02 August 2011

News/Outsourcing

Santander repatriates UK call centre staff

Santander is to move 500 call centre roles from India back to the UK in an effort to improve customer service standards.

08 July 2011

News/Outsourcing

IBM wins Bank Austria IT services deal

IBM has won a five year IT services contract with Bank Austria that will see around 300 of the client's tech staff move to a new centre in Vienna.

10 June 2011

News/Outsourcing

Sparebank 1 loses patience with EDB ErgoGroup

EDB ErgoGroup looks set to pay a heavy price for recent payment system glitches, with one of its biggest clients, Sparebank 1, reviewing its relationship with the Nordic IT services group.

20 May 2011

News/Outsourcing

Lloyds cuts 570 jobs; looks to outsourcing

Lloyds Banking Group has outlined plans to cut another 570 jobs and outsource hundreds more as part of its ongoing integration of Hbos.

18 March 2011

News/Outsourcing

NAB shifts IT jobs to IBM as glitch resolution programme stretches into New Year

National Australia Bank has outsourced 425 IT jobs to IBM as the bank continues to wrestle with the aftermath of a major breakdown in its payment processing systems.

20 December 2010

News/Outsourcing

Samlink signs IT services deal with IBM

IBM has signed a new five-year, EUR28 million agreement with Samlink to manage the information technology (IT) infrastructure for the company's more than 400 bank branch offices across Finland.

25 November 2010

News/Outsourcing

BankWest makes $20 million investment in new Fujitsu data centre

BankWest is to become the anchor tenant in Fujitsu's new Perth data centre under a ten-year, A$20 million deal.

24 November 2010

News/Outsourcing

Westpac renews IBM outsourcing deal

IBM has extended its IT infrastructure deal with Australian giant Westpac for a further five years, quashing speculation that the bank was preparing to reverse away from mega-outsourcing contracts in favour of tactical best-of-breed arrangements.

22 November 2010

News/Outsourcing

IBM wins Bank of Ireland contract from HP

Bank of Ireland has inked a five year IT infrastructure services agreement with IBM. Financial terms of the deal were not disclosed.

02 November 2010

News/Outsourcing

Bank of America Merrill Lynch to launch corporate Swift service bureau

Bank of America is to create a global Swift Service Bureau to provide its corporate clients with outsourced access to the Swift financial messaging network.

26 October 2010

Finextra TV/Outsourcing