12/18/2013
SOFGEN completes T24 upgrade at The Economy Bank
The project involved a like-for-like technical upgrade, and included comprehensive compatibility conversions of both local code and the browser-based user front end.
FinTech
12/18/2013
Canaccord Genuity signs up for Avaloq solution in the UK
The Avaloq group, an international leader in integrated and comprehensive banking solutions, announces its first customer win of a non-bank in the UK.
12/15/2013
JP Morgan to ban staff from instant messaging services
Online chats were used across the industry by bankers who were involved in rigging Libor and currency exchange rates.
12/13/2013
Nearly two-thirds of businesses struggle to make use of digital innovation - Capgemini Consulting
The research, carried out at the Senior Executive level across a range of sectors including insurance, financial services and retail
12/12/2013
Financial Simplicity Launches Wealth Management Customer Engagement Solution
The customer engagement suite is built upon an integrated set of content management, CRM and customer experience technologies, which seamlessly integrate with Financial Simplicity’s breakthrough portfolio management and portfolio presentation engine
12/10/2013
Mizuho International revisits reference data risk
Japanese bank Mizuho International has just installed an EDM service from vendor GoldenSource, which it says will help to support trading and satisfy the regulator.
12/10/2013
Eze Castle Integration Releases Third Annual Global Hedge Fund Technology Benchmark Study
Portfolio accounting: Fifty-four percent of respondents are using an Advent Software product for portfolio accounting. Respondents also use SunGard VPM, Tradar, Linedata and in-house or proprietary systems.
12/09/2013
Global Financial Crisis Fuelled By Technology Failings
A more holistic approach in future risk evaluations across the derivates market is essential if banks are to reform and regain efficiency.
12/09/2013
SimCorp Named Back Office Provider of the Year
The award builds on recent success for SimCorp at both the Buy-Side Technology Awards and the Global Custodian Awards, which recognized the firm in portfolio accounting and collateral management, respectively.
12/03/2013
BNY Mellon enhances AccessEdge collateral management portal
BNY Mellon, the global leader in investment management and investment services, is enhancing its AccessEdge portal via a new link with Bloomberg to help clients further optimise their collateral management.
12/03/2013
Italian Banks to sell 59% stake in payments processor SIA for EUR765m
Four Italian banks Intesa Sanpaolo, Unicredit, Monte dei Paschi di Siena and Banca Nazionale del Lavoro have signed agreements with Fondo Strategico Italiano
12/02/2013
IT outage leaves NatWest and RBS customers unable to use debit and credit cards on one of the busiest online shopping days of the year
Irate customers take to social media to complain about state-owned banks as technical problems strike again
12/02/2013
Global wealth management technology spending to reach £20bn by 2017 - RESEARCH
Wealth managers will look to grow revenues rather than just cut costs
12/02/2013
Ergo Hellas goes live with Profile IMSplus asset-management tech
ERGO Hellas selected IMSplus, PROFILE's leading investment management platform, for its flexible, customisable and functionality-rich environment.
12/02/2013
Advent Releases Significant Updates and Enhancements Across the Product Portfolio
New Updates to Benefit More than 1,000 Investment Management Firms Globally
11/27/2013
Fresh T2S concerns revealed by SIX Securities Services survey
The survey findings have been published ahead of the SIX Securities Services T2S Summit taking place on 4 December in London.
11/27/2013
Luzerner Kantonalbank to introduce the Avaloq Web Banking solution
The most powerful aspect of working with Avaloq is that it provides us with the flexibility to add additional differentiating services for our customers as we move along
11/25/2013
Cofunds and Intelliflo agree strategic partnership
Users of Intelliflo's web-based business management software can already access information from Cofunds but under the terms of the new strategic partnership, collaboration between the two systems will be extended.
11/24/2013
Capco further strengthens Global Banking Practice with significant senior hires
“Capco has long been recognised as a source of industry leading expertise within the banking community. I am very pleased to be joining the team at a time when there are so many exciting developments in play”, said Gray.
11/20/2013
Dangers of Legacy Systems and Benefits of State-of-the-Art Technology
SimCorp have released an in-depth video titled “What are the consequences of running on a legacy system?