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
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Also in the News
Euroclear is aiming to shorten the settlement of securities transactions at its central securities depository (CSD) locations in the Netherlands, Belgium and France to a T+2 cycle by October 2014, ahead of the proposed guidelines of the European CSDR regulations.
ING Vysya is undergoing a number of large-scale modernisation initiatives, including a major upgrade of its core banking system, FIS's Profile, a new data centre, and launching a mobile/smartphone banking solution. 'Our IT spend is viewed as investment, not cost. So it is all strategic in nature,' states its CIO.
IBS has been doing its annual Sales League Table analysis of core system selections for a long while now – 20 years, to be precise. The aim is to provide an annual picture of decisions taken over the calendar year – in other words, who is choosing what.
Muscat-based housing lender, Oman Housing Bank, is approaching a shortlist within its core system selection. The bank is in search of a new solution to replace its home-grown legacy software. It is expected that a final decision will be made by the end of September 2013.