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About the Core Banking Systems Market Dynamics Report 2013, plus FREE extracts

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 >>

IBS Journal | News

Temenos: putting building blocks in place

21 November 2012

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.

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Labels: Back Office Systems, Core Banking Systems, Front Office Systems, Internet / Online / Mobile Banking / Channels / ATM Branch, Mergers & Acquisitions (M&A) , Private Banking / Wealth Management, Partnerships

IBS Journal | Analysis

Conference review: Sibos 2012 Osaka

20 November 2012

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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Labels: Commercial Banking / Corporate Banking, Compliance / Regulations, Payments

IBS Journal | News

Autosoft Dynamics gains new takers in South Sudan

20 November 2012

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.

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Labels: Back Office Systems, Core Banking Systems, Front Office Systems

IBS Journal | News

PowerOn Marketplace joins the app stores

19 November 2012

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.

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Labels: Core Banking Systems, Financial / Banking IT Innovation

IBS Journal | News

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

19 November 2012

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.

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Labels: Clearing and Settlement, Trading Platforms, Cash Management / Corporate Finance / Treasury

IBS Journal | News

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

15 November 2012

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.

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Labels: Back Office Systems, Core Banking Systems, Islamic Banking

IBS Journal | News

ACE Software gains new live site for PelicanPay

14 November 2012

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.

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Labels: Payments

IBS Journal | News

New Misys: new organisation, standard and client stance

14 November 2012

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.

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Labels: Back Office Systems, Commercial Banking / Corporate Banking, Core Banking Systems, Mergers & Acquisitions (M&A) , Retail Banking, Risk Management, Supply Chain Finance / Trade Finance / Trade Services, Cash Management / Corporate Finance / Treasury, Partnerships

IBS Journal | News

Infosys kicks off implementation at Bunna International

13 November 2012

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.

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Labels: Back Office Systems, Compliance / Regulations, Core Banking Systems

IBS Journal | News

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

13 November 2012

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.

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Labels: Back Office Systems, Core Banking Systems, Lending, Mergers & Acquisitions (M&A)

IBS Journal | News

Surecomp develops new supply chain finance system

12 November 2012

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.

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Labels: Back Office Systems, Supply Chain Finance / Trade Finance / Trade Services

IBS Journal | News

Alpha Bank close to another takeover and IT headaches

09 November 2012

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.

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Labels: Back Office Systems, Core Banking Systems, Mergers & Acquisitions (M&A)

IBS Journal | News

Misys' Bankfusion project at BCB on the rocks

09 November 2012

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'.

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Labels: Back Office Systems, Core Banking Systems, Problem Projects

IBS Journal | News

Sungard adapts Intellimatch for OTC derivatives reconciliations

09 November 2012

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.

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Labels: Back Office Systems, Reconciliations

IBS Journal | News

Third Financial nears go-live at Cenkos

09 November 2012

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.

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Labels: Back Office Systems, Core Banking Systems, Front Office Systems, Asset Management / Investment Management, Private Banking / Wealth Management

IBS Journal | News

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

08 November 2012

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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Labels: Service Oriented Architecture (SOA), Enterprise Transformation / Re-engineering

IBS Journal | News

ITS reports on progress with Ethix core system in Africa and the Middle East

08 November 2012

International Turnkey Systems (ITS) is replacing rival Path Solutions' system at its parent, Kuwait Finance House, in Bahrain. It has also gained a first core banking deal in Zimbabwe, nears go-live in Sudan, and continues Ethix roll-outs in banks in Egypt and Libya.

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Labels: Back Office Systems, Core Banking Systems, Islamic Banking

IBS Journal | News

B&F Soft nears first live site for full Islamic core system

08 November 2012

What is touted as a full Islamic version of the core banking system from Egypt-based B&F Soft is due to go live shortly in a first site, Alwaha Bank in Libya. Also lined up as a taker is Banque Sahelo-Saharienne pour l'Investissement et le Commerce (BSIC) for Sudan. With the political changes in the region, B&F Soft hopes it will be in the right place at the right time with the new version.

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Labels: Back Office Systems, Core Banking Systems, Islamic Banking

IBS Journal | News

Capital Banking Solutions signs two banks in Congo, goes live in Mauritania

08 November 2012

Capital Banking Solutions has signed two new core banking deals in the Republic of the Congo for its flagship, CapitalBanker (formerly known as Capital Global Banking and before that Orion). It has also just gone live at the state-owned Caisse de Dépôts et de Développement (CDD) in Mauritania.

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Labels: Back Office Systems, Core Banking Systems, Retail Banking

IBS Journal | News

IPBS breaks into Asia Pacific with its flagship system

08 November 2012

Bahamas-based International Private Banking Systems (IPBS) has broken out of its domestic Caribbean market with a new taker in Hong Kong, Commercial Trust. The trust is now 'running smoothly' on the supplier's flagship private banking and wealth management system, also dubbed IPBS, after halting its first unsuccessful implementation of another package.

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Labels: Back Office Systems, Core Banking Systems, Asset Management / Investment Management, Private Banking / Wealth Management, Problem Projects

IBS Journal | News

Infor unveils revamped Complete Billing System

07 November 2012

US-based Infor has launched a new version of its Complete Billing System (CBS). It is Java and web-based, can support multiple data sources and platforms, and is available on a SaaS basis. This development represents the vendor's desire to move outside its traditional tier one space and go after 'a bank of any size'.

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Labels: Back Office Systems, Outsourcing, Commercial Banking / Corporate Banking, Cash Management / Corporate Finance / Treasury, Application Service Provider (ASP) / Software as a Service (SaaS)

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