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
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- Back Office Systems Guide
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3i Infotech: Kastle Core Banking, Kastle Treasury, Kastle Asset Liability Management, Kastle Universal Lending19 November 2013
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Also in the News
Global Markets Exchange Group (GMEX) is gearing up to launch its new multilateral trading facility (MTF) for interest rate swaps futures, gaining Newedge as its first trading and clearing member. GMEX will be supported by technology from Forum Trading Solutions.
Economic growth and increasing demand for banking services has triggered a wave of new core banking implementations at start-up banks in Bangladesh. These include deals for international suppliers Temenos and Oracle FSS, as well as local players such as Leadsoft, Flora Telecom and Millennium Information Solution.
Temenos continues to ramp up its partnership efforts, with more SaaS deals coming through tie-ups in Asia, and a new global agreement for T24 with Accenture.
Klarna is rolling out a core platform for business rules management and credit decisioning based on Provenir's offering. It is expected to go live in early 2014.
Somalia has yielded two recent core banking system deals after a long fallow period. The latest beneficiary is Lebanon-based BML, which has sold its core banking solution to International Bank of Somalia.
In a project where many parties are involved it is vital to organise and manage all the participants from the outset, so that if things go wrong and the blame game begins, decisions can be traced and justified and a constructive way out can be found.