IBS Journal September 2015 NEWS
Sungard taken over by fellow US fintech vendor, FIS ING overhauls transaction banking software Knives out as Barclays plans to cut 30,000 jobs Atom Bank fleshes out technology strategy, loses CTO
Avaloq reports progress with core software projects in France and UK Face/Off: banking’s biometric innovations From Russia with ‘live’, Touch Bank touches down Charles River onboards clients in Canada and Thailand
Co-operative Bank struggling to solve endemic IT problems as losses treble Will HCL Technologies help CSC revive Hogan’s fortunes?
Elevate Capital goes live with Profile Software’s P2P lending solution Eurasian Bank ousts Diasoft in favour of R-Style Softlab Sagicor Bank Jamaica overhauls front-to-back office software Ferratum extends to SME lending with Mambu
HSBC reports profits from digital technology focus, sheds jobs and locations New Islamic microfinance entity pondered in the Philippines Revamped ITS plans worldwide expansion in 2017 ISO 20022 draft lifts real-time retail payments industry Thailand-based Kbank replaces Temenos’ TCB with FIS’s Profile Morocco to introduce Islamic banking framework Reserve Bank of Australia looks for new core system Saudi Hollandi pioneers Vayana mobile solution
Sudanese Egyptian Bank goes live with Path Solutions’ iMAL core City of London team aim to bring SETL and blockchain into mainstream UK credit unions prepare to move to shared platform
Wall Street backs Symphony to challenge Bloomberg with new IMS Britain’s oldest bank C Hoare launches mobile app
US FOCUS BB&T creates centralised finance and reporting system 28
Campus Federal Credit Union opts for Alkami’s ORB digital banking platform 29 FIS’s IBS core banking system bags another US community bank Fox Chase Bank selects Jack Henry’s Silverlake core banking system Virtus chooses Sungard for new hedge fund service
Infosys teams up with Payveris and Verizon to target US market Pointbank keeps Vsoft partnership with new digital banking platform Silicon Valley Bank snaps up API startup Standard Treasury
FEATURES Analysis: Four key trends in banking technology Nationwide Building Society: life after SAP for Banking go-live Digital Banking Focus: UK-based start-up bank, Mondo, builds own system 38
Case Study: Nordea Luxembourg pioneers Temenos’ T24 and Triple A combo 42 Spotlight: Jiffy, instant mobile payments for Europe
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Face/off: banking’s biometric innovations 8
Chairman, Cedar Sanjiv Anand Email:
sanjiva@ibsintelligence.com
Senior Editor Tanya Andreasyan Tel: +44 7803 470 284 Email:
tanya@ibsintelligence.com
Senior Reporter Antony Peyton Tel: +44 7999 777 356 Email:
antonyp@ibsintelligence.com
Junior Reporter Alex Hamilton Tel: +44 7555 518 679 Email:
alexanderh@ibsintelligence.com
Digital Editor Roger Ajogbe Tel: +44 7555 519 724 Email:
rogera@ibsintelligence.com
Advertising Sales Manager Angus Chapman Tel: +44 7958 691 538 Email:
angusc@ibsintelligence.com
Marketing Manager Abhijit Chakravarty Tel: +91 7718 868 804 Email:
abhijitc@ibsintelligence.com
Sales Administrator Sandra Carr Tel: +44 7548 848 585 Email:
sandrac@ibsintelligence.com
Editor’s Note: The musings of Tanya Andreasyan Recent Orders: A round-up of who’s bought what Appointments: On the move
Diary of Events: Upcoming conferences worldwide Backchat: The latest gossip from the industry
© IBS Intelligence 2015 5
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IBS Intelligence A Division of Cedar Management Consulting International, LLC Tel: +44 2075 202 630 Email:
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