IBS Journal March 2015
in this issue Euroclear Finland overhauls technology with TCS’s Bancs
Macquarie Bank reaches milestone in multi-million core banking revamp Temenos reports on full year results, unveils three-year strategy Farm Credit Bank of Texas pioneers Misys’ Fusionbanking Lending Avaloq unveils details of first retail banking deal in Germany Capital Banking Solutions gains foothold in Burundi BTPN Syariah closer to Temenos’ T24 core system launch
Rwanda Co-operative Agency shortlists core banking software candidates BML Istisharat to gain first live site for ICBS core system in Malta Julius Baer in gradual core system renovation with Temenos Postalbank in the Philippines to oust Misys’ Equation Cinnober signs major trading software deal with ASX Dion Global Solutions out of the red with Q3 results Bank of Bhutan in search of new core system
MERGERS & ACQUISITIONS
Swiss vendor Crealogix gains UK foothold with takeover of MBA Systems Private equity firms, pension funds and buy-out firms circle around Misys IBM sheds Algorithmics-deived collateral management system Wealth management specialist Advent Software falls to SS&C
SALES LEAGUE TABLE 2015
RESULTS UNVEILED AND ANALYSED: o Global sales
o Russian market o US market
26 34 38
20 20 21 22
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
CASE STUDIES: p o PNC Financial Services talks BIAN, IFW and core transformation
o Investec Switzerland in client onboarding overhaul
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: Direct banks Appointments: On the move
Backchat: The latest gossip from the industry © IBS Intelligence 2015
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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
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Oracle FSS optimistic about yearly performance, but quarterly results are down 8 Life after TCS: Ziraat Bank turns to local vendors for IT needs
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Macquarie Bank HQ, Sydney 9 Klaus Rausch, Avaloq 12
www.ibsintelligence.com
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