Outsourcing

502 articles tagged with this keyword

All articles with this keyword
Apply Cancel

/Outsourcing

Atos scores long term Aegon contract

Industry leading digital services company, Atos UK&I, today announced it has secured a thirteen year contract with life and pensions provider Aegon to deliver its protection business processes.

/Outsourcing

FCA fines Aviva over shoddy outsourcing oversight

The Financial Conduct Authority (FCA) has today fined Aviva Pension Trustees UK Limited and Aviva Wrap UK Limited (together Aviva) £8,246,800 for failings in its oversight of its outsourced providers in relation to the protection of client assets.

/Outsourcing

Over half of financial institutions look to outsource tax services

Research conducted by SIX Securities Services has revealed that as financial institutions become increasingly capital constrained, almost a third (32%) are looking to outsourcing as a way to reduce costs.

/Outsourcing

ING-Diba outsources ATM network management to NCR

NCR Corporation (NYSE: NCR), a global leader in omni-channel solutions, announced today that it is now running and managing ING-DiBa Germany’s entire ATM network.

India's TCS shares dip on US bank spending cutbacks

/Outsourcing

India's TCS shares dip on US bank spending cutbacks

Shares in Indian outsourcing giant Tata Consultancy Services (TCS) dipped to a six month low after the firm warned that American financial sector clients are holding back on discretionary spending.

/Outsourcing

QIIB signs managed services contract with NCR

Qatar International Islamic Bank (QIIB), one of the leading banks in Qatar, announced today that it has chosen NCR, a global leader in omni-channel technologies to monitor and manage QIIB’s ATM network for several years, helping the bank to improve efficiency and reduce operational costs.

/Outsourcing

MainstreamBPO to acquire New York based hedge fund administrator Fundadministration, Inc.

Fund administration provider MainstreamBPO Limited group (ASX: MAI) has announced to the ASX the execution of an agreement to acquire New York based hedge fund administration business Fundadministration, Inc.

/Outsourcing

Lloyds renews Tsys processing deal

Tsys (TSS) today announced that Lloyds Banking Group, the UK's leading provider of current accounts, savings, personal loans, credit cards and mortgages, has renewed its agreement with Tsys to continue to process the bank’s UK commercial card portfolio.

/Outsourcing

Al Taif Group, Iraq, signs with Covalent for outsourced card and payment processing

On the side lines of the biggest payments events of the region, Cards & Payments Middle East in Dubai, Al Taif Money Transfer Co (TMT), a subsidiary of Al Taif Group Iraq signed up Covalent (supported by UnionPay International - Al Taif Official Payroll Payment Card Solution), a Joint Venture of TPS and Access Group for powering up their entire Cards & Payments Infrastructure.

Tech Mahindra agrees £112m Target Group acquisition

/Outsourcing

Tech Mahindra agrees £112m Target Group acquisition

Indian IT services group Tech Mahindra has agreed to buy Target Group, a UK business process outsourcing (BPO) and software provider to financial institutions, for an enterprise value of £112 million.

/Outsourcing

Tieto and Sparbanken Syd sign outsourcing agreement for securities business

Tieto has signed an agreement with Sparbanken Syd for the bank’s securities business. The agreement is valid for five years and covers IT systems, operations and back office services.

/Outsourcing

Chase Bank Kenya migrates card portfolio to OpenWay's Way4 platform

Chase Bank Kenya, an innovative and fast-growing bank with an ambitious strategy across Africa, has successfully migrated its full card portfolio to the WAY4 payment software platform from Electra Card System.

/Outsourcing

Northern Trust enhances servicing for private equity

In response to increased demand for outsourced alternative asset administration, Northern Trust announced today enhancements to its private equity support with the launch of its capital call execution service.

Bank cost-cutting driving uptake of financial industry utilities

/Outsourcing

Bank cost-cutting driving uptake of financial industry utilities

Top tier banks are increasingly open to the adoption of utility-based shared service models to drive down costs and increase efficiency in back office and compliance functions, according to research conducted by Finextra.

/Outsourcing

IBM inks maintenance deal with Indian white label ATM operator

IBM (NYSE:IBM) today announced that it has entered into a seven year strategic relationship with BTI Payments Private Ltd, India’s fastest growing White Label ATM (WLA) operator, to transform its IT Infrastructure. BTI Payments, which runs over 3000 “India1” branded White Label ATMs will leverage IBM’s managed services solution to deploy and manage an incremental 4,000 Automated Teller Machines (ATM) across the country.

/Outsourcing

Nationwide extends BT networking deal

BT today announced that it has won a six-year contract with Nationwide, the world’s largest building society, to continue to provide the network infrastructure underpinning its digital transformation strategy.

/Outsourcing

LBBW transfers management of more than 700 branch systems to Wincor Nixdorf

Landesbank Baden Württemberg (LBBW) has commissioned Wincor Nixdorf to take over central operations management of its branch systems – consisting of automated teller machines, cash recyclers, self-service terminals and automated teller safes – to ensure more efficient self-service and higher system availability.

/Outsourcing

DNB Bank awards five-year application outsourcing deal to Infosys

Infosys (INFY), a global leader in consulting, technology, outsourcing and next-generation services, today announced that it has won a contract to transform the application landscape of DNB Bank of Norway.

/Outsourcing

Tieto and ICA Banken sign outsourcing agreement for securities business

Tieto has signed a five-year outsourcing agreement with ICA Banken for operations, system and back office services for the bank’s securities business.

Infosys to create 250 fintech jobs in Ireland

/Outsourcing

Infosys to create 250 fintech jobs in Ireland

Indian IT services group Infosys is promising to create 250 fintech-related jobs in Ireland over the next three years.

Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.

Please read our Privacy Policy.

Accept