March IBS Journal out now!
Featuring a round-up of the banking tech space, the IBS Sales League Table results, important acquisitions, new signings, project go-lives and failures & the latest gossip. PNC Financial Services goes into great detail about its enterprise-wide transformation plans, plus read a case study on client onboarding software based on the experience of Investec Switzerland.
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IBS Sales League Table 2015 out now
The wait is over! The IBS Sales League Table results are unveiled and analysed. providing a comprehensive assessment of which banks have been buying which systems across the globe during the last year, spanning universal, retail, corporate, lending, wealth management and treasury/capital markets.
Russian vendors Sales League Table
Who was netting the business in the past year and who has made the turn for the worst in the Russian core banking software market? IBS charts the activity of the main players, featuring BIS, CFT, Diasoft, Inversia, Programbank and R-Style Softlab.
US core banking system market analysis
Is the US banking market finally waking up to the uncomfortable reality of the lack of choice among local providers, as just a handful of big players dominate the market? Perhaps the time has come to look outside the US borders.
New - IBS Intelligence White Papers
Our first series of white papers feature Avaloq, Sopra Banking Software, TCS Financial Solutions and Temenos. The papers include a write-up of each vendor, its system, evolution, strategy, functionality, technology, user experiences and product roadmap, plus an extensive user list. Further series will be released soon.
If a supplier is of particular interest, we also offer bespoke white papers.
How IBS Intelligence can help you
We know the market for core banking systems, back office operations and associated technology like no one else and through our monthly IBS Journal, in-depth reports, surveys and consulting, we can guide any bank around the globe to make the best choices.
We have been focusing on this market for 20+ years and are the sector’s definitive source of information and knowledge.
Banking technology news from across the globe
Chief (Cambodia) Specialised Bank, a start-up bank in Cambodia, has gone live with the Intellect core offering from Indian vendor, Polaris.
US-based asset manager, SEI, has enlisted Smartstream to revamp its outsourcing offering with a new reconciliations system. The vendor will install the latest version of its TLM Reconciliations Premium offering, which will integrate to SEI's main accounting platform, TCS's Bancs.
A new release of SAP's Payment Engine, 8.0, points to the supplier's seriousness in offering the platform for international and domestic payments, both as a standalone solution and within wider SAP application roll-outs.
One man's KYC regime is another man's foreign policy. Indeed, it seems to be the US's main weapon at present: the sanctions against Russian individuals and companies which were expanded by the EU and US in the last week of April have echoes of an earlier controversy about whether Iranian banks should have been expelled by Swift in 2012.
As the regulators press for greater controls around outsourcing, what is likely to be the impact for asset managers and their service providers? Are the concerns reasonable and will they cause customers to revert to in-house solutions or give up on the market entirely?
Outsourcing is preoccupying regulators at present. In particular, the UK's Financial Conduct Authority (FCA) has the asset management sector in its sights, with concerns about what it feels are inherent risks around resilience and oversight. Other regulators are showing signs of following the FCA lead. How will service providers and their customers need to adapt and, ultimately, will the concerns put a dampener on the outsource market? ... continues (login/subscribe to read in full).
UK-based debt management company, Capquest, is implementing a range of new systems, becoming the first UK taker of Interactive Intelligence's Latitude in the process. Part driven by the arrival of regulation by the UK's FCA for this sector from 1st April 2014, the transformation is not only technical but needs a change of culture as well.
The debt collection market has a well-earned unenviable reputation. And if you search on google for Capquest then, sure enough, it throws up enough feedback to suggest that this isn't a nice company. However, look a bit closer and it becomes apparent that the complaints are old ones, mostly from more than two years ago. This, in itself, suggests that the company's transformation programme – involving culture and processes as well as IT systems – is genuine. 'It might sound a bit fluffy,' says CEO, Helen Ashton, when describing the changes, but this is a sector that certainly had scope to become more fluffy than in the past ... continues (login/subscribe to read in full).