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

Basel Committee opens call for comments on management of third party risks

The Basel Committee on Banking Supervision today published a consultative document proposing Principles for the sound management of third-party risk in the banking sector.

09 July 2024

Company update/wholesale

Keystone Property Finance migrates portfolio to Phoebus servicing platform

Specialist lender Keystone Property Finance has migrated a second portfolio onto the Phoebus servicing platform.

04 June 2024

Research/OutsourcingSurvey

Definitive Differentiators - Forging a future-proof payments model

18 March 2024 591 downloads

News/regulation

ECB warns banks on outsourcing risks

The European Central Bank is warning banks that their management of outsourcing risk must improve, with a stringent focus on the processing of personal data.

21 February 2024

News/payments

Finextra's top research reports of 2023

With 2023 drawing to a close, we take a look back at our most downloaded whitepapers, sentiment papers and surveys over the course of the past year. These reports are Finextra-led and cobranded, based on editorially balanced, independent, referenced desk-based and online research.

28 December 2023

News/payments

Finextra's top impact study reports of 2023

With 2023 drawing to a close, we take a look back at our most downloaded impact study reports over the course of the past year. Our impact study reports are how-to, best practice guides that support those in the financial industry in their utilisation and optimisation of particular technologies, as well as providing an outlook at future trends to watch.

27 December 2023

Research/OutsourcingWhite Paper

How can the future state of information technology combat fraud and money laundering?

02 November 2023 389 downloads

News/devops

Infosys scores tech outsourcing deal with Danske Bank

Indian IT services provider Infosys has secured a digital transformation contract with Denmark’s Danske Bank.

26 June 2023

Company update/regulation

FE fundinfo launches rebate and distribution channel management service

An initiative to help streamline the rebate management process and reduce administrative burden for asset managers is being launched by FE fundinfo, the global fund data and technology company.

16 June 2023

News/people

Ex-TSB CIO fined £80k over bungled IT migration

The former chief information officer of TSB Bank has been fined over £80,000 for his part in a bungled IT migration programme in 2018 that locked customers out of their accounts for weeks and led to months of ongoing technical problems.

13 April 2023

Company update/markets

State Street acquires CF Global Trading

State Street Corporation (NYSE: STT) announced today it has entered into a definitive agreement to acquire CF Global Trading, a global firm specializing in outsourced trading on an agency basis for a variety of asset classes including equities, listed derivatives and fixed income.

22 March 2023

News/cloud

Financial Cloud Summit 2023: Strategising digital transformation and balancing trust with partners

To successfully engage in digital transformation in the transition to the cloud, financial firms are looking for creative methods to approach their cloud strategy. In doing so, companies are dealing with issues of cost, security, and scalability. The first stage of the conference explores how companies are making strategic on visibility, data ownership, cloud providers, and more.

02 March 2023

Company update/cloud

Northern Trust partners with SimCorp for outsourcing offering

As part of its continuing Whole Office™ strategy to serve client needs across the entire investment lifecycle, Northern Trust (Nasdaq: NTRS) has reached an agreement with SimCorp®, a leading provider of Software as a Service (SaaS) investment management solutions, to enable integration for efficient data exchange for clients using the SimCorp Dimension® platform.

23 February 2023

News/payments

BNY Mellon offers outsourced trading to buy-side customers

BNY Mellon Capital Markets, LLC has expanded its outsourced trading offering to a buy-side trading division, xBK.

27 January 2023

Company update/payments

Commerzbank hands over card processing to Nexi

Commerzbank has chosen Nets, part of the European PayTech Nexi Group, to develop a streamlined and scalable solution for processing credit, debit, and prepaid card which will be managed by Nets going forward.

30 November 2022

Company update/retail

Santander selects NCR to run ATM network

NCR Corporation (NYSE: NCR), a leading enterprise technology provider, today announced that Santander UK has expanded its long-standing partnership with NCR, selecting NCR ATM as a Service to transform, connect and run its self-service network of more than 1,700 ATMs across the United Kingdom.

21 November 2022

Company update/retail

Shawbrook Bank appoints Firstsource to develop contact centre service

Firstsource Solutions Limited (NSE: FSL, BSE:532809), a global provider of Business Process Management (BPM) services and an RP-Sanjiv Goenka Group company, has been appointed by Shawbrook Bank Limited, a fast growth specialist retail and commercial bank, to increase its customer service capacity for its retail banking users.

08 November 2022

Company update/retail

Aktia parcles out IT services to CGI

CGI (NYSE: GIB) (TSX: GIB.A) and Aktia (OMXH: AKTIA) have entered into a strategic partnership giving CGI responsibility for a major part of Aktia’s banking IT services, including the development and maintenance of 150 mission-critical applications.

11 October 2022