Latest Telecomms News: Finextra Research

Credit Suisse confirms telecomms outsourcing pact

BT has confirmed a five-year, £578 million telecommunications outsourcing agreement with Credit Suisse that will involve the transfer of 231 of the Swiss bank's employees and 50 contractors.

12 February 2007

News/Telecomms

CohesiveFT and LShift launch RabbitMQ open source messaging

CohesiveFT, a US provider of virtual appliances for financial industry data standards, has teamed with London consultancy LShift to develop RabbitMQ, an open source messaging application based on the Advanced Message Queuing Protocol (AMQP), championed by JPMorgan Chase.

05 February 2007

News/Telecomms

Credit Suisse set to hand SFr1.4bn telecoms deal to BT

Investment bank Credit Suisse is set to outsource its entire telecommunications infrastructure to BT under a seven year contract worth around SFr1.4 billion.

05 February 2007

News/Telecomms

TNS opens books to bidding group led by former CEO John McDonnell

US financial transaction technology vendor TNS says it is opening its books to a group of prospective buyers led by company founder and former chief executive John McDonnell.

10 January 2007

News/Telecomms

BT names Phil Mottram MD, trading systems

BT has named Phil Mottram as managing director of its trading systems unit, replacing industry veteran Rod MacDonald who is stepping down at the end of the year.

22 November 2006

News/Telecomms

Alliance & Leicester switches to converged voice and data network

UK banking group Alliance & Leicester (A&L) has selected BT to transform its telecomms infrastructure into a single, fully managed converged voice and data network.

20 October 2006

News/Telecomms

UK banks look to expand branch networks

Lack of investment in wireless and Internet-based technologies could de-rail UK bank branch modernisation plans, says BT, which has surveyed banking executives about their high street investment strategies.

27 September 2006

News/Telecomms

Yes Bank goes wireless with Intel

India's Yes Bank has teamed with Intel to roll out wireless Internet technology across its national retail branch network.

15 September 2006

News/Telecomms

HSBC awards Thus £50m telecoms contract

HSBC has signed a five year contract, worth around £50 million, with British telco Thus for the replacment of its national telecommunications network in the UK.

08 September 2006