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

SAP and Microsoft team with vendors and banks to form SOA association

Software giants Microsoft and SAP have joined forces to establish an industry association to promote and support the implementation of service orientated architectures (SOA) by financial services firms.

30 April 2008

News/Service oriented architectures

SunGard introduces Ambit banking software framework

Fintech powerhouse SunGard has unveiled an integrated package of products and services for retail, commercial and private banks that will utilise the vendor's common services architecture framework for plug-and-play connectivity.

24 April 2008

News/Service oriented architectures

Postbank deploys Tibco technology for MiFID overhaul

Germany's Postbank has implemented technology from California-based Tibco Software to overhaul its operations and comply with EU trading regulations under the Markets in Financial Instruments Directive (MiFID).

08 April 2008

News/Service oriented architectures

Clear2Pay inks St George Bank deal

Australia's St George Bank is replacing its legacy central payment execution system with technology developed by European software vendor Clear2Pay.

02 April 2008

News/Service oriented architectures

Infosys spends $60m on Finacle upgrade

India's Infosys Technologies says it has invested over US$60 million in the last three years on upgrading its flagship core banking platform Finacle.

20 February 2008

News/Service oriented architectures

Green movement provides major market opportunity for tech firms - PwC

Growing public concern over the environment is providing "significant" market opportunities for the technology sector, according to a study from PricewaterhouseCoopers (PwC) which finds that business, not altruism, is forcing companies to take green issues more seriously as they look to attract customers.

13 February 2008

News/Service oriented architectures

Clear2Pay raises EUR10m

Belgium-based payments systems vendor Clear2Pay has raised EUR10 million in an internal funding round with current investors.

28 January 2008

News/Service oriented architectures

IBM bolsters CEP offering with AptSoft acquisition

In a move to strengthen its standing in the service-orientated architecture (SOA) market, IBM is acquiring privately-held AptSoft, a Massachusetts-based provider of complex event processing (CEP) software, for an undisclosed sum.

24 January 2008

News/Service oriented architectures

Odyssey acquires Canadian wealth management outfit Xeye

Luxembourg-based Odyssey Financial Technologies has acquired Xeye, a Canadian provider of wealth management technology. Financial terms of the deal were not disclosed.

23 January 2008

News/Service oriented architectures

Oracle to buy BEA for $8.5bn

Oracle has signed a definitive agreement to acquire service-oriented architecture (SOA) vendor BEA Systems in a deal worth approximately $8.5 billion.

16 January 2008

News/Service oriented architectures

IBM to open Vietnam tech lab

IBM is establishing a technology centre in Vietnam that will help its financial services clients build and deploy core banking applications and modernise IT systems.

14 January 2008

News/Service oriented architectures

Turquoise chief Lederman to keynote at Finexpo

Eli Lederman, the newly-installed chief executive of bank-backed equities trading venue Turquoise, is among a roster of top-level keynote speakers participating in this year's Finexpo, the capital markets industry's leading technology conference and exhibition, taking place at The Brewery, Chiswell Street, London on 30 January.

11 January 2008

News/Service oriented architectures

CLSA beefs up e-trading platform with Tibco

CLSA Asia-Pacific Markets, a Hong Kong-based subsidiary of Credit Agricole, is using technology from California's Tibco Software to re-vamp its dealing platform in order to support increasing use of algorithmic trading methods.

02 November 2007

News/Service oriented architectures

Tibco signs Colombia Stock Exchange

Bolsa de Valores de Colombia - the Colombia Stock Exchange - is implementing technology from California-based Tibco Software to support its integration, messaging and service-oriented architecture (SOA) initiatives.

30 October 2007

News/Service oriented architectures

Oracle bids to acquire BEA

Oracle has made a near $7 billion cash bid for service oriented architecture vendor BEA Systems.

12 October 2007

News/Service oriented architectures

SunGard's CSA project enters proof-of-concept stage

After five years of development, SunGard's common services architecture framework for its technology portfolio, known as Infinity, has begun active testing with a number of unnamed banks.

03 October 2007

News/Service oriented architectures

Société Générale Grid-enables credit risk management with Platform

Société Générale Corporate & Investment Banking (SG CIB) is using Grid technology from Platform Computing to speed up processing of credit risk calculations.

26 September 2007

News/Service oriented architectures

Misys reports strategic alliance with SAP

London-based Misys is collaborating with German ERP firm SAP to deliver an integrated banking system based on its its BankFusion technology, which will run on the Sap NetWeaver platform.

18 September 2007

News/Service oriented architectures

Microsoft demos stock trading application based on latest technologies

Microsoft has created a sample online stock trading application to persuade the securities industry that its Windows Communication Foundation (WCF) and .NET technologies can be used for high-performance applications within a service-oriented architecture.

20 June 2007

News/Service oriented architectures

IBM opens tech labs for banking clients

IBM has made a multi-million dollar investment in establishing three 'Banking Centres of Excellence' designed to help financial services clients modernise IT systems and create new business models.

13 April 2007