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
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- 7 March 2014
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- 28 January 2014
Also in the News
As the acquisition of Lloyds' 630+ branch network by fellow UK player, Co-operative Bank, is no more, will Co-op revert to its pre-merger IT roadmap?
Sopra Banking Software, banking software subsidiary of France-based Sopra Group, has completed the integration. The strategy of the unified entity focuses on two key offerings, Sopra Banking Amplitude and Sopra Banking Platform.
The Direct Debit Scheme (DDS), a national initiative in the UAE for electronically processed payments, is set to launch on 15th June 2013. Initially, the DDS will cover loan and mortgage repayments, with credit cards and utility payments expected to be rolled out by the end of Q1 2014.
UAE-based Investbank, a long-standing user of Oracle FSS's Flexcube core platform, is expanding to Lebanon. For this greenfield operation, the bank has opted for the ICBS core offering from local vendor BML Istisharat.
Dubai Gold and Commodities Exchange (DGCX) is getting to grips with its new trading platform from Swedish provider, Cinnober. The system, dubbed EOS Trader, provides DGCX's brokers with a new front-end option, as well as new clearing and matching engines. The exchange has also now set its sights on the OTC market.