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
As Temenos celebrates its 20th anniversary this year, its annual gathering, Temenos Community Forum (TCF), was the vendor's largest to date. For the first time in quite a few years TCF was held away from Europe, in Abu Dhabi. Key themes included Temenos' stance as a multi-product company, the route of progressive renovation for banks, and cost-efficiency. The vendor assures its offering is now fit and affordable for all banks, big and small.
Profile has released a new version of its core banking system, FMS (formerly Spectrum), based on the .Net framework. The new release, dubbed FMS.next, already has two takers, both currently in implementation mode.
Two of New Zealand's major domestic banks are believed to be looking for new core banking systems. These are Kiwibank and Bank of New Zealand. Meanwhile, Macquarie Bank in Australia is also rumoured to be mulling over a new system.
Emirates Investment Bank (EIBank) in Dubai is rolling out Prospero Wealth Management from Sage SA, following an earlier unsuccessful attempt with another vendor. The Prospero implementation is in full swing, and go-live is scheduled for the beginning of Q3.
US-based Scient Federal Credit Union is implementing the PhoenixEFE core offering from Harland Financial Solutions. According to the credit union's president and CEO, Bruce Fafard, 'there have been no bumps in the road yet' and the project is on track for go-live in August 2014.