Breaking News and Top Stories
The thorny issue of the Return on Investment (ROI) on a system replacement project has flummoxed the industry for as long as IBS has been reporting. A recent survey by IBS showed up the continued failings. What could be done to bring more science to this area?Read More
Latest Publications Updates
- Back Office Systems Guide
- Islamic Systems Guide
- Payments Guide
- Risk Guide
- 9 October 2013
3i Infotech: Kastle Core Banking, Kastle Treasury, Kastle Asset Liability Management, Kastle Universal Lending19 November 2013
- 20 November 2013
- 27 November 2013
Also in the News
IDCorp, a Malaysia-based banking software vendor with Iranian roots, has made inroads into Africa by signing with Somalia's remittance operator, Amal. It will deploy IDCorp's flagship banking system for Shari'ah-compliant institutions, Banco, and a range of supplementary solutions.
Wolters Kluwer Financial Services has combined the 'best of breed' parts of its acquired vendors, FRSGlobal and FinArch, to release a new finance, risk, compliance and performance solution. The new offering, called Summix, includes the RiskPro, RegPro and FinStudio platforms.
The Depository Trust and Clearing Corporation (DTCC) is set to launch a new reference data service, backed by several global investment banks, in a bid to challenge the likes of Swift and Accuity in the legal entity reference data space.
The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) has withdrawn the certification it had previously granted the Islamic finance functionality of Ethix, the core system of International Turnkey Systems (ITS), after the latter declined to pay for a more detailed re-certification process. The only other vendor to have been certified, Path Solutions, previously lost its certification for the same reason.
What is holding banks back from using everything new technologies have to offer? Legacy systems that struggle to connect with modern solutions, regulatory restrictions, lack of budgets, but also... the lack of talent.
The latest gossip from around the industry.