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IBS Journal April 2015


in this issue


Is Europe-wide instant payments infrastructure a reality? Incore Bank and Sungard partner for new service in Switzerland Denmark’s central bank in major RTGS system overhaul Core banking software market buoyant in Nepal Finnova embarks on international expansion


Yoma Bank selects Misys’ Fusionbanking Essence core system Hungarian CSD in ‘rip and replace’ tech modernisation with TCS UK start-up, Civilised Bank, makes core software decision


Barclays to outsources post-trade processing to Sungard’s new utility


HOW TO RUN A CORE BANKING PROJECT OVERVIEW: Mistakes and masterstrokes of core conversions


CASE STUDIES: o Farm Credit Bank of Texas, US


o British Caribbean Bank, Turks and Caicos Islands o Premier Group, Kenya


CASE STUDIES


Swedbank HQ, Sundbyberg, Sweden


Swedbank: Fourth attempt to replace its high- and low-value payments platforms


©Swedbank AB, Flickr


BNP Paribas Securities Services: Misys out, Calypso in, plus a host of other improvements to cope with wave after wave of regulations


CONFERENCE REPORT


Fundtech Insights EMEA user conference: What’s next on the vendor’s roadmap, and what customers really want


Editor’s Note: The musings of Tanya Andreasyan Recent Orders: A round-up of who’s bought what Diary of Events: Upcoming conferences worldwide Industry Bytes: Omnichannel platforms Appointments: On the move


Backchat: The latest gossip from the industry © IBS Intelligence 2015 38 5


14 17 42 45 46


6 6 7 7 8 9


10 11 12


BNP Paribas Securities Services HQ 20


26 30 32


16 34


Director, Editor in Chief Martin Whybrow Tel: +44 (0)1303 263 525 Email: martinw@ibsintelligence.com Editor, IBS Journal Tanya Andreasyan Tel: +44 (0)1303 263 529 Email: tanya@ibsintelligence.com Reporter Jan Metcalf Tel: +44 (0)1303 263 522 Email: janm@ibsintelligence.com Advertising Manager Sallie Payne Tel: +44 (0)1303 263 527 Email: salliep@ibsintelligence.com Designer Chiara Colombi Marketing Manager Elizabeth Connor Business Support Manager Ian Catley Sales Administrator Sandra Carr Data Researcher & Online Editing Assistant Claudie Sculley


IBS Intelligence is a trading name of IBS Publishing Ltd Registered Office IBS Publishing Limited, 8 Stade Street, Hythe, Kent, CT21 6BE, UK. Registered in England and Wales, Registration no 5365737 Tel: +44 (0)1303 262 636 Fax: +44 (0)1303 262 646 Email: info@ibsintelligence.com ISSN: 0965-674X


34 Christoph Erb, Finnova 8


www.ibsintelligence.com


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