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ERI is believed 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 system selections elsewhere, but lost in the final stages.Read More
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Also in the News
The wealth management industry is now at an inflection point, states Ian Woodhouse, consultant at PricewaterhouseCoopers (PwC). And it is up to the players to determine which way they go. Woodhouse shares his observations from PwC's recent '2013 Private Banking and Wealth Management Survey'.
Having acquired front-to-back office solutions provider, Peterevans, last year, UK wealth sector outsource heavyweight, Equiniti, is bringing to market a broader offering. How and why did it seek to do so?
When Abu Dhabi-based First Gulf Bank launched its wealth management business in 2007, it had no automated investment accounting system to speak of, instead relying solely on manual processing. After a slow start, the growing volumes forced the bank into a significant cultural change, underpinned by Indian vendor Miles Software.
When Van Lanschot Belgium needed to take action to keep up with its contemporaries, it had to decide whether to upgrade its legacy portfolio management solution or completely change it. The private bank tells IBS why it opted for the former.
The first week of October saw a new Islamic bank launch in Oman. The bank is running the latest version of the Flexcube core banking offering from Oracle FSS.
Uganda-based Housing Finance Bank is on the verge of completing its deployment of the Intellect core banking solution, supplied by Indian vendor, Polaris. The remaining Intellect modules will go live before the end of November, ousting the incumbent Misys' Bankmaster.