Breaking News and Top Stories
ERI is believed to have recently signed a deal to replace Misys' Midas core system with its Olympic offering at Luxembourg-based Natixis Bank. Meanwhile, it is understood to have come very close to winning at two core system selections elsewhere, but lost in the final stages.Read More
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3i Infotech: Kastle Core Banking, Kastle Treasury, Kastle Asset Liability Management, Kastle Universal Lending19 November 2013
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Also in the News
UK-based Bluebay Asset Management, with US$53.9 billion in AUM, is implementing the Dimension investment management system from Simcorp. The project is currently in the design phase and will see Dimension replace Bluebay's legacy system, InvestOne from Sungard.
Ajman Bank will use a module from ITS alongside its T24 core banking offering. The module should cut manual calculation of depositors' returns.
As Myanmar opens up to the developed world, technology firms are scenting opportunities. Torstone and Daiwa Institute of Research are helping to install the financial plumbing.
Trade finance has become a hot area for regulators as they seek to enforce sanctions. Accuity has responded to this with a new offering that includes screening against dual-use and controlled goods lists.
Fundtech has launched a new version of its financial messaging platform, Global Messaging Plus. Swiss National Bank has become the first customer to migrate to the platform, as well as implementing Fundtech's compliance filtering solution, Global Compliance Plus.
International Turnkey Systems will soon decide whether to pay to have its system accredited under a new regime by the Bahrain-based Islamic finance standard-setting body, AAOIFI.