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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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Swift is expanding its SwiftRef service to support the emerging Legal Entity Identifier (LEI), representing its latest push into the commercial reference data market.
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- IBS Journal
- 02 September 2013
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KDD Central Securities Clearing Corporation, the Slovenian CSD, is the latest institution to sign up to Swift's Value Added Network (VAN) for Target2-Securities. This follows BNP Paribas Securities Services, which agreed to join in July this year.
TCS has officially confirmed it has landed its first deal in the US for the Bancs core system. The recipient is Utah-based Zions Bancorporation, a large regional banking conglomeration of eight banks. The two parties are now working on the solution analysis.
Micro Informatique & Technologies SA (MIT), a Swiss trade finance software vendor, is implementing its middle office commodity trade finance tool, Trac, at UBS. The new system is scheduled to go live within a year, replacing an Excel spreadsheet set-up at the bank.
Temenos is progressing with the implementation of its T24 core system at four Philippines-based banks, including EastWest Bank, GM Bank and Optimum Development Bank. The projects are being carried out with Temenos' local partner, Thakral One, and are expected to be completed by the end of Q2 2014.