Outsourcing

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BNP Paribas to take over Janus Henderson US post-trade operations

Janus Henderson Investors (NYSE:JHG, ASX:JHG) today announced that BNP Paribas Securities Services, a leading global custodian with over $10 trillion in assets under custody as of September 30, 2017, will assume responsibility for the majority of Janus Henderson's back office (including fund administration and fund accounting), middle office and custody functions in the U.S.

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Diebold Nixdorf expands managed serices portfolio

Managing automated teller machines (ATMs) or point-of-sale (POS) devices in-house can cost financial institutions and retailers 20 percent more than outsourcing to a managed services provider.

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Diebold signs UAE partnership agreement with Transguard

Transguard Group and Diebold Nixdorf today announced a strategic partnership to provide financial institutions and retailers in the United Arab Emirates (UAE) with best-in-class services and technology.

CBA says not 'stepping back' from cybersecurity despite offshoring plans

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CBA says not 'stepping back' from cybersecurity despite offshoring plans

Commonwealth Bank of Australia has been forced to defend its commitment to cyber security after it emerged that the lender is set to offshore some critical IT functions.

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Tesco Bank extends Capita mortgage services deal

Capita has agreed a contract extension until 2020 to provide mortgage services to Tesco Bank.

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The ai Corporation launches payments fraud outsourcing model

The ai Corporation (ai) an FCA approved expert in fraud and risk management, has today launched its outcome-based fraud service model.

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Linedata sets sights on Asian outsourcing business with QRMO acquisition

Linedata (NYSE Euronext: LIN), the global solutions provider dedicated to the investment management and credit industries, has signed an agreement to acquire Quality Risk Management & Operations (QRMO), a leading specialist provider of outsourced middle-office, shadow accounting and risk monitoring services to the asset management and securities industries.

FS industry security concerns drive UK outsourcing market

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FS industry security concerns drive UK outsourcing market

The financial services sector drove the UK outsourcing market to record levels in the first half of 2017, with big firms signing major IT contracts.

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National-Bank Germany signs outsourcing deal with Atos

Atos, a global leader in digital transformation, will provide comprehensive infrastructure and data center services to the NATIONAL-BANK AG, one of Germany's leading independent regional banks headquartered in Essen.

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Tieto wins three-year corporate loan outsourcing deal with ICA Bank

Tieto has signed a three-year agreement with ICA Banken. The agreement entails Tieto assuming total responsibility for systems, operations and management of ICA Banken’s new financial product Corporate Loans by ICA.

Lloyds Bank inks £1.3 billion IT outsourcing deal with IBM

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Lloyds Bank inks £1.3 billion IT outsourcing deal with IBM

Lloyds Bank has finally put pen to paper on a long-mooted £1.3 billion, 10-year mega outsourcing deal with IBM, which will see 1500 staff and contractors moved to Big Blue.

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PrivatBank hands three-year POS deal to Verifone

Verifone (NYSE: PAY), a world leader in payments and commerce solutions, announced that it has been selected as the payment solution and service provider for PrivatBank, the largest acquirer in Ukraine.

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Santander chooses Hiperos for 3PM risk management

Leading compliance solutions provider Opus announced today that its innovative Hiperos 3PM platform has been chosen by Santander UK Plc to manage the risks associated with its third party relationships.

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Hamburger Sparkasse extends IT outsourcing deal with Diebold Nixdorf

Hamburger Sparkasse (Haspa), Germany's largest savings bank, has extended its successful IT outsourcing partnership with Diebold Nixdorf (NYSE: DBD), a global leader in driving connected commerce, for an additional seven years.

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Delta Capita acquires Appendium

Delta Capita, the international business and technology consulting firm specialising in delivering solutions to financial services organisations, has acquired Appendium technology to support the development of its Securities Finance Managed Service proposition, which it plans to take to market as an industry utility later this quarter.

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Singapore Exchange extends HCL tech contract for five more years

HCL Technologies (HCL), a leading global IT services company, today announced the renewal of its transformational IT services engagement with Singapore Exchange for another five years.

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Capgemini reports Ikano Bank deal

Capgemini, a global leader in consulting, technology and outsourcing services, has announced an agreement with Ikano Bank AB, part of the Ikano Group.

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Cognizant scores ABN Amro Clearing contract

Cognizant (NASDAQ: CTSH) today announced that it has been selected by ABN Amro Clearing (AACB), a leading global clearing firm, as its strategic partner to cloud-enable its global IT infrastructure and lay the foundation for digital transformation.

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Avaloq concludes migration of Axion Swiss Bank

The Avaloq group, an international fintech company and leader in integrated and comprehensive banking solutions, has successfully completed the migration of Axion Swiss Bank to its business process outsourcing setup (BPO setup) based on the Avaloq Banking Suite.

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AxiomSL and Integration Alpha offer cloud-compliant regulatory reporting system

AxiomSL, global leader in risk management and regulatory compliance, and Integration Alpha have launched a unique, flexible and cost-efficient Managed Services solution across Germany, Austria and Switzerland, in a FINMA compliant cloud for Tier 2 and 3 financial service firms.

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