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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 | 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.


   

IBS Journal | News

Autosoft Dynamics gains new takers in South Sudan

Pakistan-based Autosoft Dynamics has widened its list of clients in South Sudan. The supplier has recently initiated an implementation project at African National Bank and it also went live at Eden Commercial Bank a few weeks ago.

 

IBS Journal | News

PowerOn Marketplace joins the app stores

With a few months of experience under its belt, the Symitar division of Jack Henry & Associates is moving towards monetising its framework for collaborative development. Following where a few others have led, perhaps the 'app store' concept is about to become mainstream for core banking systems.

   

IBS Journal | News

South African CSD, Strate, extends use of TCS Bancs Market Infrastructure

TCS Financial Solutions is about to kick off the implementation of Bancs Market Infrastructure at South Africa-based central securities depository (CSD), Strate, for fixed income operations. Meanwhile, upgrade work is underway at other CSDs: Philippine Depository and Trust Corporation, Nasdaq Dubai and LCH.Clearnet.


 

IBS Journal | News

BML Istisharat installs core solution at start-up, Levant Investment Bank

Lebanon-based BML Istisharat is rolling out its core back office solution, ICBS, at a domestic start-up, Levant Investment Bank (Libank), for conventional operations. Meanwhile, the vendor is readying its first Islamic banking delivery at Bank Simpanan Nasional (BSN) in Malaysia and competing for two other deals in the country. 
   

IBS Journal | News

ACE Software gains new live site for PelicanPay

The Netherlands-based asset manager and administrator, PGGM, has fully replaced its legacy payments software with ACE Software's PelicanPay. The new corporate payments hub is deployed onsite and covers eight departments of PGGM, each with its own systems that are now connected to PelicanPay.


Labels: Payments
 

IBS Journal | News

New Misys: new organisation, standard and client stance

Bret Bolin, CEO of Misys, updates IBS on the progress of the merger of Turaz and Misys and the creation of the world's largest treasury and capital markets (TCM) and banking software vendor.

   

IBS Journal | News

Infosys kicks off implementation at Bunna International

The core modernisation project at Bunna International Bank is due to start this week with the training of staff. The bank has chosen the Finacle core banking offering from Infosys to underpin its regional growth and to comply with the National Bank of Ethiopia's mandates. The launch is scheduled for Q2 2013.

 

IBS Journal | News

Callataÿ & Wouters, Delta Informatique and Evolan unite as Sopra Banking Software

France-based integrator and services company, Sopra Group, unveils its new standalone subsidiary, Sopra Banking Software. It comprises three entities, Callataÿ & Wouters (C&W), Delta Informatique and Evolan. All three continue to develop their products and support their clients.

   

IBS Journal | News

Surecomp develops new supply chain finance system

SCF-PRO is a new supply chain finance system from Surecomp, set for launch early next year. Key modules include inventory and distributor financing, reverse factoring and APF. The Bank Payment Obligation (BPO) functionality, however, is still under consideration.


 

IBS Journal | News

Alpha Bank close to another takeover and IT headaches

Alpha Bank in Greece is believed to be close to agreeing a merger deal, which will see it taking over troubled domestic rival, Hellenic Postbank. If this happens, a complex merger (including the IT platforms) will follow, as Hellenic Postbank, Alpha Bank and its other recent acquisition, Emporiki Bank, use completely different systems.

   

IBS Journal | News

Misys' Bankfusion project at BCB on the rocks

Misys' venture to replace Bankmaster with Bankfusion at Bermuda Commercial Bank (BCB) is believed to experiencing major problems. However, the vendor's CEO is determined to turn the project into 'a success story'.

 

IBS Journal | News

Sungard adapts Intellimatch for OTC derivatives reconciliations

Sungard has come up with a version of its Intellimatch platform tailored to the reconciliation needs of OTC derivatives, in light of the shift to central clearing. The supplier has also added support for Intel's Ultrabook at the front-end.

   

IBS Journal | News

Third Financial nears go-live at Cenkos

Stockbroking and investment management firm, Cenkos Channel Islands, is nearing go-live of the Tercero software platform from London-based wealth management solutions vendor, Third Financial. The launch is scheduled to take place before the end of the year.

 

IBS Journal | News

BIAN adds Erste, Bangkok Bank, TCS and Axxiome as members

The industry initiative, BIAN, has gained a couple of additional banks as members, comprising Bangkok Bank (its first in Asia) and Erste Bank. Also coming on board is TCS Financial Solutions and consulting company, Axxiome. BIAN has also signed a first academic partner, Singapore Management University.

   

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