Latest Sibos News: Finextra Research

ING securities services operation bids for post-trade STP with Information Mosaic

ING Bank's custody unit is to install the IMConnecting post-trade information management system from Information Mosaic in Central and Eastern Europe as it bids to streamline data flows and mitigate risks across its European operations.

25 October 2010

/Sibos

Citi to tap emerging corporate-to-consumer payments market

Citi is to create a new 'Global Enterprise Payments' unit that will combine its transaction banking and cards businesses to provides services in the corporate-to-consumer market.

25 October 2010

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Irish banks to move domestic payments to EBA Clearing Step2 platform

The Irish banking community is to move its domestic payments processing to the Euro Banking Association's Step2 platform as part of the nation's preparations for the advent of a Single Euro Payments Area (Sepa).

25 October 2010

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Brits want 'Immediate Mobile Payments' - VocaLink

A combined funds transfer service that utilised both mobile phones and the UK's Faster Payments infrastructure would beat cash, cheques or cards as the preferred consumer method for sending money to friends or family, and for paying urgent bills, according to research from VocaLink.

25 October 2010

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Corporates willing to pay more for better service from banks - Finextra survey

Over two thirds - 68% - of corporates would consider switching banks for better customer service around on-boarding, account maintenance and query handling, a 24% rise on the previous year, according to a survey from Finextra Research and Pegasystems.

22 October 2010

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Omgeo and EuroCCP equities matching and CCP service executes first trade

Omgeo and EuroCCP's pan-European equities central counterparty service for hedge fund transactions has executed its first live trade with Credit Suisse and Citadel.

18 October 2010

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XSP launches corporate actions mobile app

XSP has launched a mobile application for corporate actions processing, enabling users to access notifications on the move and process responses and elections.

12 October 2010

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Standards bodies bid to bring STP to tangled financial plumbing

Financial messaging bodies have agreed a common 'investment roadmap' designed to guide market participants through the confusing maze of multiple overlapping industry standards within the securities industry.

12 October 2010

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Swift to host start-up contest at Sibos

Swift has named the 11 finalists that will battle it out in a Dragons' Den-style Innotribe start-up competition at this year's Sibos.

08 October 2010

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Deutsche Bank brings social media to global transaction banking with 'Drive DB!' campaign

Deutsche Bank's global transaction business unit is introducing an online community forum where clients can engage with bank staff in the development of new products.

06 October 2010

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SunGard AvantGard launches eBAM system

Fintech giant SunGard has launched a Web-based AvantGard electronic bank account management (eBAM) system for corporations based on Swift standards.

05 October 2010

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Finextra makes Sibos first with B2B social media simicast

Finextra is to host a special panel at this year's Sibos examining the use of social media in a B2B business environment, with participation from Citi, ING, SEB and SunGard.

24 September 2010

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