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Towards the end of last year, Turk Ticaret Bankasi became SAB's first core banking customer for Islamic finance in Turkey. IBS speaks to the French vendor's local partner, Yaz Information Systems, to see how the project is panning out.
Nasdaq OMX has been enlisted by Dhaka Stock Exchange (DSE) to revamp its trading technology platform with its X-stream Inet system. The exchange has also contracted Flextrade Systems, for its order execution management system, and KPMG, as an advisor on the project.
State-owned Bank of Punjab is making a new attempt to select a core banking system, after previous false starts.
UK-based lending systems provider, Pancredit, has been acquired by business services software group, Equiniti. Meanwhile, Pancredit's business intelligence unit, Panintelligence, has been spun out into a seperate business owned by former Pancredit shareholders.
A round-up of recent appointments and departures within the industry. Further hires at ACE Software, new appointments at Simcorp and Dovetail, and departures at ITS and Infosys.