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This in-depth report constitutes the core banking industry's only real snapshot of who has been buying what and where – featuring over 2150 on- and off-the-record deals including bank, system, supplier, geography, system type and year for 2007-2012. Explore regional trends, analyse how vendors are performing and competing, access unrivalled global market analysis and expert commentary. Read more >>
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IBS Journal | News

SAB gains second Islamic taker, Maurisbank in Mauritania

Against a backdrop of a growing economy, Mauritania's banking sector is expanding, with a strong Islamic aspect to this. SAB is a recent winner, having been selected by Maurisbank, while Path has added a couple of takers as well.

 

IBS Journal | News

Pinnacle Solutions in search for new marketing lead

US-based Pinnacle Solutions is seeking to fill the role of head of marketing, made vacant by a recent departure. The vendor is keen to continue its efforts to gain a wider recognition in the market for itself and its flagship core banking system, Synergy.


 

IBS Journal | News

Busey gets to grips with Nupoint banking system from CSI

Illinois-based Busey Bank, with assets of $3.5 billion, is adjusting to its new core solution, Nupoint, provided by Computer Services, Inc. (CSI). According to Busey Bank's CIO, two months into the go-live the bank is beginning to see the full advantages of the new system.


   

IBS Journal | News

BBVA prepares Lola, its virtual personal assistant

BBVA’s US-based subsidiary, BBVA Compass, is about to start the pilot phase of its virtual personal assistant (VPA), Lola. The full roll-out is scheduled to kick off in the US by Q1 2013, while the bank is also developing a Spanish-speaking version.


 

IBS Journal | News

Sofgen bolsters Avaloq offerings with SAG acquisition

Sofgen has extended its Avaloq offerings with the acquisition of Zurich-based Solution Architect Group (SAG AG). Sofgen plans to target SAG's users with additional services, while also seeking to take SAG's testing tool to a wider audience.


   

IBS Journal | Analysis

Interview: Tony Prestedge, Nationwide Building Society

The world's largest building society, Nationwide, has had a fraught few years implementing its new core banking system but it now looks ready to reap the benefits, which could in turn put pressure on its UK competitors. IBS talks to the society's outspoken COO, Tony Prestedge, about what has gone well… and what has not.


 

IBS Journal | News

Intelligent Environments unveils software platform for digital finance

UK-based mobile and online banking software specialist, Intelligent Environments (IE), has launched a new integrated platform for digital financial services, Interact. The new solution, which was unveiled on 29th November 2012, has already attracted two new takers in Europe.


   

IBS Journal | News

Stocks and Securities Limited set to go live with IPBS e-banking software

Jamaica-based wealth management company, Stocks and Securities Limited (SSL), is preparing to go live with its IPBS e-banking module in early 2013.


 

Online Research | Back Office Systems & Suppliers (BOSS) Guide

Back Office Systems Functionality Look-up Table

Use our Back Office Systems & Suppliers Guide functionality look-up table to compare over 145 international core back office offerings across each of the following banking areas: Retail / Lending / Treasury / Securities / Trade Finance / Private / Islamic. Visit the look-up table >>
   

IBS Journal | Lending Supplement

IBS Journal Lending Supplement 2012/2013

IBS's supplements give us the opportunity to dig around our chosen subject areas and, before we start, it isn't always predictable what we will find. When looking for interesting lending system stories, for instance, we weren't expecting cloud computing to be prominent. However, when scrutinising at the low end of the market, it seems clear that this model is starting to have an impact.

 

IBS Journal | Lending Supplement

Analysis: Syndicated lending – What goes around comes around

The two syndicated lending utilities, Euroclear's LoanReach and DTCC's Loan/Serv, have struggled to make much of an impression against the backdrop of financial crisis. Will the appetite for loans as collateral now mean that their time has come?


   

IBS Journal | Lending Supplement

Vendor spotlight: SAP – What's the verdict?

SAP claims it is fully committed to a successful project at Compartamos Banco in Mexico and to greatly improving its delivery in banking as a whole. The jury is still out but it is making the right noises.


 

IBS Journal | Lending Supplement

Case study: Compartamos Banco – Cloud on the horizon

Can Mexican micro-lender, Compartamos Banco, succeed with SAP where it failed with Temenos? It is mid-project as it seeks to implement a new core system and, while running late, believes there is the commitment from the supplier to succeed this time around.


   

IBS Journal | Lending Supplement

Product spotlight: LendFusion – To tide you over

As the payday loan industry continues to boom, LendProtect UK and InnoTech have partnered to launch a new online lending solution for the short-term lending market, LendFusion. How and why did they seek to join forces?


 

IBS Journal | Lending Supplement

Case studies: Renaissance Credit & Fountain Credit Services – A path to the cloud

When two new microfinance institutions wanted to provide broader access to consumer credit and support their plans for rapid expansion, they launched on Temenos' T24 for microfinancing, hosted in the cloud. In doing so, Renaissance Credit Nigeria and Kenya-based Fountain Credit Services became the first institutions in their countries to adopt cloud-based core banking software services. IBS talks to the greenfield users about slow starts and rapid progress.


   

IBS Journal | News

System selection at Central Bank of Malta

Central Bank of Malta is planning a large-scale modernisation across its treasury, banking and financial technology. The selection is already under way.


 

IBS Journal | News

The Central Bank of Seychelles rolls out country-wide mobile payments system

Jordan-based vendor, ProgressSoft, is working with the Central Bank of Seychelles to develop a country-wide mobile payments platform. Michael Wakileh, CEO of ProgressSoft, believes that the company's reputation for country-wide payment system implementations was a decisive factor in the final award of the contract.


   

IBS Journal | News

No more project halts and write-offs, says Temenos

Having drawn the line under a number of struggling T24 implementations, the core banking software vendor is adamant that, going forward, its implementation projects will see a successful outcome. Today's project governance and methodologies are much stronger, it claims.


 

IBS Journal | News

ECB revision to migration deadlines pushes back arrival of T2S

Already delayed, Target2-Securities (T2S) has effectively been pushed back further as a result of a revision to the migration waves for Central Securities Depositories (CSDs). Few CSDs wanted to go in the first two of the three scheduled waves and, unable to persuade them to step forward, the European Central Bank has now given them breathing space to November 2016.

   

IBS Journal | News

Temenos: putting building blocks in place

David Arnott, CEO of Temenos, gives IBS a first-hand account of what has been going on at Temenos and where the vendor is heading as it reinstates regional teams, continues with its cost-cutting programme and moves its focus to shorter projects with quicker wins. 'Nothing that we have done will impact our ability to grow strongly as we go forward,' he states.


 

IBS Journal | Analysis

Conference review: Sibos 2012 Osaka

Swift's Sibos show dropped in this year on Osaka, with IBS in attendance as always. The location provided a strange backdrop to a week of discussion and some disappointments.


   

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