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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 >>
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
25 March 2013
25 March 2013
20 March 2013
Switzerland-based IT integration company Swisscom IT Services, is in the finalisation stages of its acquisition of the IT outsourcing business of Entris Banking. It will now offer business process outsourcing (BPO) to banks on both Finnova and Avaloq platforms.
15 March 2013
UK-based payments solutions provider, Alaric, and Finnish mobile payments services firm, Mistral Mobile, are looking for the first taker of its joint end-to-end mobile payments infrastructure. The vendors are targeting new business in Asia, Africa and the Middle East.
14 March 2013
Two banks in Central America/Caribbean are moving closer to the long-awaited switchover to Temenos' T24 core banking system. These are Banco Ficohsa in Honduras and Banco Popular y de Desarrollo Comunal (BPDC) in Costa Rica. Go-lives are set for 2013.
13 March 2013
12 March 2013
Omgeo has gained a strong foothold in Indonesia with two live clients for its Omgeo Central Trade Manager (CTM) central matching solution, and two ongoing implementations that are expected to go live before the end of the year. PT Schroders, the country's largest investment manager, is the vendor's flagship customer here.
12 March 2013
London Stock Exchange (LSE) has outlined its plans for the Italian trading solutions provider, Gatelab, which was acquired at the end of last year. Antoine Shagoury, COO at LSE, says that the company will be developed through a joint R&D process, and will co-exist with LSE's MillenniumIT business. Global expansion is also on the agenda for Gatelab.
IBS Journal | Payments Supplement
08 March 2013
IBS Journal | Payments Supplement
08 March 2013
With the deadlines for the SEPA payments now within grasp, vendors are rubbing their hands together in anticipation of the last minute rush to purchase systems and solutions to comply with the new regulations. However, banks and corporates still seem to be as unenthusiastic as when the initiative first emerged nearly a decade ago.
IBS Journal | Payments Supplement
08 March 2013
Sirpa Nordlund, executive director at a non-profit organisation, Mobey Forum, speaks to IBS about the trends and concerns of the marketplace, and explores the roles banks have to play to stay at the forefront of the industry (or at least afloat).
IBS Journal | Mergers & Acquisitions
07 March 2013
The Lowlands was the surprise headline region regarding financial services M&A deals in February. The Netherlands' government nationalized embattled bank, SNS Reaal to the tune of GBP 1.9bn, plus an additional GBP 810m and GBP 930m in respective capitalisation of its real estate management and write downs. The deal ensures SNNS Reaal avoids bankruptcy and is yet another in a long line of European banking bailouts seen over the last four years.
07 March 2013
Following the recent go-live of the Negin Plus core offering from domestic vendor Tosan, Khavar Mianeh Bank in Iran has moved into the second phase of its IT project. Stage two involves the deployment of virtual channels and card payments switch. The start-up is midway through this venture and hopes all channels will be live by the end of March 2013, but the project hasn't been without its frustrations.
IBS Journal | Sales League Tables
06 March 2013
IBS Journal | Sales League Tables
06 March 2013
Who was up, who was down and who was out in the course of 2012? What were the core banking software highlights and disasters of the year? Our annual snapshot of systems sales across the globe shows that the markets are yet to pick up, despite the overwhelming hope of the vendors that 2011 was the lowest point. Turns out, there was still a way to go.
See also:
Russian vendors Sales League Table 2013 (results Jan-Dec 2012) >>
US retail banking systems market analysis 2013 (results Jan-Dec 2012) >>
Core Banking Systems Market Dynamics Report 2013 >>
IBS Journal | Sales League Tables
06 March 2013
IBS analyses the 2012 ups and downs of the Russian market, highlights notable trends, and compares the new-name core banking software wins of major domestic players.
See also:
IBS Sales League Table 2013 (results Jan-Dec 2012) >>
US retail banking systems market analysis 2013 (results Jan-Dec 2012) >>
Core Banking Systems Market Dynamics Report 2013 >>
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