Breaking News and Top Stories
There is no escaping the lack of activity in the core banking software market in 2013, despite signs of a recent global economic pick-up. Other research firms may be 'predicting growth' or 'remaining bullish' with their copycat big leagues, waves, quadrants and hype cycles, but at IBS we don't have our head in the clouds and publish what is actually happening out there. It is not pretty, at least not… Read More
Latest Publications Updates
- Back Office Systems Guide
- Islamic Systems Guide
- Payments Guide
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- 7 March 2014
- 7 March 2014
- 3 March 2014
- 28 January 2014
Also in the News
A round-up of recent orders in the financial technology sector worldwide. Diasoft, Fiserv and SAB gain new deals; Vietnam International Bank, DZ Bank and Banque de Développement Local are among the takers of new software.
A round-up of recent appointments and departures within the industry. Departures at Infosys continue, Visa undergoes management reshuffle, and new hires at Misys, Vocalink and Zafin Labs amongst others.
With a strong recovery of payments volumes, the SEPA deadline looming and a shift towards cloud-based technologies, questions about the state and evolution of the treasury space have come to the fore. Christophe Vergne, leader of the global cards and payments centre of excellence at Capgemini, and an engagement manager of the 2013 World Payments Report (produced by RBS and Capgemini), shares his view.
Since the financial crisis in 2008, Christophe Vergne, global cards and payments leader at Capgemini, believes treasury and cash management has been placed high on the agenda for corporates, whilst the market as a whole has changed apace. The figures from the 2013 World Payments Report (WPR) seem rosy in their outlook, presenting a strong recovery of payments volumes. Non-cash payments are rising, with a growth rate of approximately eight per cent year-on-year, notes Vergne, and so it has become more important for treasurers to...continues (login/register/subscribe).
Turkland Bank (otherwise known as T-Bank) has boldly gone where not many Turkish banks have gone before, in deploying a packaged system from an international core banking vendor, Infosys. For the vendor, it is second time lucky after its first venture in the country ground to a halt.
When T-Bank opted to replace its legacy core banking system, it bucked the trend of most of its contemporaries by selecting an international core banking supplier. The bank, with 27 branches across Turkey, offers corporate, retail and SME banking services, and is jointly owned by Arab Bank and BankMed (each with a 50 per cent shareholding). It had been running on an in-house built system, which it had developed at the beginning of the financial crisis in 2008, but this was proving problematic with regards to complex regulatory requirements, says Ilhan Koroglu, EVP at T-Bank. 'It lacked the ability to...continues (login/subscribe).
Robeco has become the first commercial taker to go live with a new back office system from Dutch start-up, Ohpen. Why did Robeco decide to be a pioneer and how has the project fared?
The market could certainly do with some new systems but it is a brave institution that agrees to be the first taker. On the one hand, there is the argument that you can influence the development and will have the complete commitment of the vendor. On the other, pioneers often end up with a lot of pain and little or nothing to show for it. Fortunately, the experiences of Robeco in adopting a new system from Dutch newcomer, Ohpen, have been good. It went live earlier this year on the new platform, covering back office and CRM, with a little delay but no major problems. What have been its experiences and what does the new system have to offer other institutions? ...continues (login/subscribe).