May IBS Journal out now!
Featuring a round-up of the banking tech space happenings, including major takeovers, new signings and project fails, plus the latest gossip. Unbiased and detailed case studies include National Bank of Canada and Keybank. Plus, we unveil and analyse the results of the IBS Islamic Banking Sales League Table.
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FREE Supplement: AML, Compliance & Regulations
Once a back-water and tick-box exercise, AML is now centre stage. It has been a painful conversion for banks, with eye-watering fines and significant brand damage along the way. The debate is now centred around what constitutes best practice, particularly in light of impending new regulations.
2015 Core Banking Systems Market Dynamics Report
Our Core Banking Systems Market Dynamics Report 2015 is now available. It provides valuable information and insight into the core banking systems market, covering universal, wholesale, retail, private and lending.
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Banking technology news from across the globe
Following seven years of effort, the Banking Industry Architecture Network (BIAN) claims its Service Landscape now spans all areas of a universal bank and is ready for use by banks across the globe. It is also working to link to the IFX message standards and there is a first regional sub-group, for North America.
One of Ireland's largest banks, Bank of Ireland, is pondering a large-scale core system modernisation project. The focus is on the UK operations at present, it is understood, as the bank looks to move from its old Alnova core platform, supplied by Accenture.
Leeds Building Society is seeking to leapfrog other UK institutions by implementing a suite of components to build a new online customer experience. HP is heading the project and delivery will be via the cloud.
Canada-based digital banking start-up, Equitable Bank, is set to launch this summer. The bank will focus on savings, underpinned by the Temenos suite of products, including the T24 core banking system.
Sweden-based start-up, Cryex, is implementing the Tradexpress platform from fellow Swedish company, Cinnober, to underpin its planned launch of an FX and cryptocurrency clearing house. It is the first to take the platform for this sort of use.
Commercial Bank of Sri Lanka has become the first live site on the island for Aqua Global's e2gen messaging system. The messaging hub is linked to Fiserv's Signature (formerly ICBS) core banking system and China Systems' Eximbills for trade finance, with interfaces built to the Sri Lanka clearing system and for electronic regulatory reporting. Aqua Global also plans to target users of Misys' Message Manager offering to replace it with e2gen.