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This in-depth report constitutes the core banking industry's only real snapshot of who has been buying what and where – featuring over 2150 on- and off-the-record deals including bank, system, supplier, geography, system type and year for 2007-2012. Explore regional trends, analyse how vendors are performing and competing, access unrivalled global market analysis and expert commentary. Read more >>
08 April 2013
People's Bank in South Sudan has kicked off its implementation of Autobanker II from Pakistan-based vendor, Autosoft Dynamics. The start-up has become the vendor's fourth core banking client in the country. Go-live is scheduled for early May this year.
05 April 2013
Worldpay is acquiring payments service provider, Yespay, to position itself as a one-stop-shop for merchants, to provide them with a front-to-back office solution with 'omni-channel' shopping capabilities.
04 April 2013
04 April 2013
IBS Journal | Middle East Supplement
03 April 2013
In the current financial climate, Turkey is a rare safe haven of banking industry growth, with nearly all types of banking – be it retail, investment, commercial or participation (Islamic) – on the rise. Still, the international suppliers are yet to make their mark here. Has the time finally come?
03 April 2013
Netherlands-based BinckBank has outlined its plans for the recently formed company, Able, which comprises BinckBank Professional Services and the Syntel technology business. The latter's Europort solution will now be run under the Able brand, and will form part of either an installed or business process outsourcing (BPO) offering.
03 April 2013
Swiss card processor, SIX Payment Services (part of the newly restructured SIX Group), is acquiring Paylife Bank, Austria's largest provider for acquiring and issuing cards, in a bid to become the 'absolute payment service provider' in Europe, according to SIX's CEO.
IBS Journal | Middle East Supplement
03 April 2013
In a recent conversation with IBS, the CIO of a multinational financial institution likened a core banking system conversion to a root canal treatment at the dentist: 'it is not something you would seek out, unless the pain is really bad'. And while there are some banks around the world that are prepared to go to a dentist, figuratively speaking, without waiting until the very last minute, the majority of financial institutions tend to attempt mending their IT ills by other, less drastic means. The Middle East market is no exception.
IBS Journal | Middle East Supplement
03 April 2013
What has been happening in the core banking software market of the MENA region over the last year, and who is buying what? IBS investigates.
IBS Journal | Middle East Supplement
03 April 2013
Burgan Bank Group is attempting to standardise its operations by rolling out the ICS Banks core banking platform from Jordan and UK-based vendor, ICSFS. The system is live in one of the six banks within the group, and projects at three more are scheduled for completion within the next year. The project has been challenging, but Ivan Jensen, CTO at Burgan Bank, says that progress has been made, and with forthcoming acquisitions, more ICS Banks projects could be on the agenda.
03 April 2013
Bank Dhofar, an Oman-based bank, has gone live with Path Solutions' iMAL core system for its Islamic banking operations. This new unit, named Maisarah Islamic Bank, opened for business earlier this year. iMAL is running alongside Bank Dhofar's incumbent retail banking system, Infosys' Finacle.
02 April 2013
UK-based payments processing provider, Alaric, has gained a new taker of its Authentic platform at the Indonesian subsidiary of a large Netherlands-based bank. This is believed to be Rabobank Indonesia, which is also implementing the Temenos T24 system as it looks to overhaul its IT infrastructure.
Online Research | Back Office Systems & Suppliers (BOSS) Guide
02 April 2013
Independently researched profile featuring company status, history, background, future strategy, system functionality and technical specifications, plus a verified banks user list for B&F Soft SmartBank.
Online Research | Back Office Systems & Suppliers (BOSS) Guide
29 March 2013
Online Research | Back Office Systems & Suppliers (BOSS) Guide
29 March 2013
27 March 2013
Pan-European cash equities clearing giants EMCF (owned by ABN Amro and Nasdaq OMX) and EuroCCP (owned by the Depository Trust & Clearing Corporation) have announced an agreement to join to create a single, more robust central counterparty for equity trading, that can resist the downturn in the volume of equities trading since the financial crisis.
27 March 2013
27 March 2013
Temenos has emerged from its restructuring with a rejuvenated plan to tackle North America. Head of the North America region, Russell Taylor, outlines the company's intentions when it comes to gaining a successful foothold in the US market, and explains how the Temenos acquisition of Trinovus will in fact, be the first major step in doing so.
26 March 2013
London-based wealth management solutions vendor, Third Financial Software, has gone public on the details of its joint venture with Itex, an IT services provider based in the Channel Islands. The partnership sees the launch of the former's Tercero platform on an outsourced basis. Jersey-based DPZ Capital, Third Financial's existing client, is the first live site for the new hosted platform.
26 March 2013
Two integrators, Wipro and HP, are believed to be going head-to-head for the contract to replace the core banking system at India-based Corporation Bank. The public sector bank is a long-standing user of the LaserPanacea system from Polaris, but is looking to move its 1600 branches to a new platform, which is likely to be either TCS Financial Solutions' Bancs or Infosys' Finacle.
25 March 2013
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