Breaking News and Top Stories
National Australia Bank (NAB) is nearing the completion of an overhaul of its global trade finance business with Misys' Trade Innovation. Its New Zealand-based subsidiary, BNZ, is expected to go live in September this year, after the system was rolled out to its Asian locations over the last 15 months.Read More
Latest Publications Updates
- Back Office Systems Guide
- Islamic Systems Guide
- Payments Guide
- 17 March 2014
- 17 March 2014
- 7 March 2014
Also in the News
Finland-based Aktia Bank will replace its legacy solution with the retail version of Temenos' T24 Model Bank offering on a hosted basis. The bank is expected to pump €30 million into the project, and subsequently predicts running cost savings of €5 million a year with the new set-up.
Bharatiya Mahila Bank, India's first bank catering exclusively for women, is about to launch on the Profile core banking system from US-based supplier, FIS. The bank has opted for a 'pay per use' hosted model and chose FIS over rival vendors Infosys, Polaris and TCS.
The UK business of Sopra Banking Software has onboarded two new clients for its mortgage processing platform, MSS, and is reinvigorating efforts to grow its market share. There is also potential to take MSS outside the UK, says the vendor.
Kurdistan-based start-up, Erbil Stock Exchange (ESX), has enlisted Nasdaq OMX to provide its technical infrastructure with its X-Stream trading system. ESX is now in the initial planning stage of the project, which is being carried out with the assistance of its consultation partner, Louis Berger Group.
Following a number of collaborations, Temenos and Software Group have signed a partnership agreement for reselling and implementing Temenos' T24 cloud offering. Further discussions of a 'closer relationship' in terms of including Software Group's own products into the offering are now taking place, says Temenos.