Breaking News and Top Stories
ERI is belived 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 sytsem selections elswhere, but lost in the final stages.Read More
Latest Publications Updates
- Back Office Systems Guide
- Islamic Systems Guide
- Payments Guide
- Risk Guide
- 9 October 2013
3i Infotech: Kastle Core Banking, Kastle Treasury, Kastle Asset Liability Management, Kastle Universal Lending19 November 2013
- 20 November 2013
- 27 November 2013
Also in the News
One of India's largest public sector banks, Corporation Bank, has made a decision on a new core banking system. It is believed that it has awarded a multi-million dollar contract to HP to manage its IT operations and install Infosys' Finacle core system. HP and Infosys beat off competition from domestic rivals, Wipro and TCS.
IBS brings into the spotlight a well-known Islamic banking software provider, Path Solutions, tracks its progress and talks to a number of iMAL takers about their experiences, good and not so.
As a new entrant to the Mauritanian market, Bank Al Muamelat Assahiha (BMS) opted for Path Solutions to underpin its business strategy and technology. Following a month-and-a-half roll-out, the greenfield bank has become the third customer live on the iMAL system in the country.
Swift is becoming a commercial player in the reference data market, with BankersAccuity in its sights. What is the current SwiftRef proposition and where is it heading with the initiative? IBS talks to head of reference data, Patrik Neutjens.
Despite the relative lull in 2012, Asia remains one of the few parts of the world where there is a steady stream of banks and financial institutions investing in technology and embracing the innovation on offer. This month's IBS Banking Technology in Asia Supplement contains examples of a broad range of system replacements, highlighting the different pressures faced by different banks.
When First Dawood Islamic Bank decided to rebrand itself as Burj Bank, it made the decision to overhaul its core banking system too. It had been an existing user of the Symbols platform from System Access (now Ambit Core Banking from Sungard), but opted to replace this with iMAL from Path Solutions.