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Vendors and Consultants News Updates, July 20th 2012

This week's vendors and consultants roundup includes Wolters Kluwer’s acquisition of FinArch, Deutsche Bank’s new core banking platform, and Temenos CEO’s resignation.

July 20, 2012 | The Asian Banker Editor

“There are not many things you can do in a bank without technology.”
Anthony Watson, chief information officer at Barclays, shares his view about the importance of technology to the banking industry.

Corporate Development

Wolters Kluwer Financial Services has announced the acquisition of risk and finance solutions provider FinArch, with aims to extend its capabilities into integrated finance, risk and performance management.

Thomson Reuters has agreed to purchase electronic currencies trading platform FX Alliance for $616 million, with the merger bringing together two companies who possess complementary customer bases and long-standing relationships with bank liquidity providers.

Equinix, a provider of global data centre services, has announced the acquisition of Hong Kong-based data center provider Asia Tone in an all cash transaction of $230.5 million, as it looks to increase its presence in Shanghai to support growing demand from customers seeking expansion in China.

Core Banking

Deutsche Bank has migrated five million of its savings customers onto its new core banking platform, Magellan. The platform, based on SAP technology, replaces the bank’s legacy system and comprises the entire IT infrastructure as well as the clearing and settlement processes of Deutsche Bank’s private and business clients unit in Germany.

Capital Bank has selected Fiserv’s Premier bank platform and outsourced processing services, plus a wide array of additional solutions including Consumer and Commercial Credit Full Service, Retail Online and Business Online, Mobiliti, AccountCreate, CheckFree RXP, and Popmoney.

Path Solutions has announced that Banque Islamique du Senegal, the first Islamic bank in West Africa, has gone live with ...

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Categories:

Technology & Operations

Keywords:Thomson Reuters, SunGard, Path Solutions, Wolters Kluwer, Fiserv, Visa, ITG, Equinix, Fundtech, Gresham Computing, Omgeo, Temenos, NCR, Ernst & Young


Vendors and Consultants News Updates, July 20th 2012

This week's vendors and consultants roundup includes Wolters Kluwer’s acquisition of FinArch, Deutsche Bank’s new core banking platform, and Temenos CEO’s resignation.

July 20, 2012 | The Asian Banker Editor

“There are not many things you can do in a bank without technology.”
Anthony Watson, chief information officer at Barclays, shares his view about the importance of technology to the banking industry.

Corporate Development

Wolters Kluwer Financial Services has announced the acquisition of risk and finance solutions provider FinArch, with aims to extend its capabilities into integrated finance, risk and performance management.

Thomson Reuters has agreed to purchase electronic currencies trading platform FX Alliance for $616 million, with the merger bringing together two companies who possess complementary customer bases and long-standing relationships with bank liquidity providers.

Equinix, a provider of global data centre services, has announced the acquisition of Hong Kong-based data center provider Asia Tone in an all cash transaction of $230.5 million, as it looks to increase its presence in Shanghai to support growing demand from customers seeking expansion in China.

Core Banking

Deutsche Bank has migrated five million of its savings customers onto its new core banking platform, Magellan. The platform, based on SAP technology, replaces the bank’s legacy system and comprises the entire IT infrastructure as well as the clearing and settlement processes of Deutsche Bank’s private and business clients unit in Germany.

Capital Bank has selected Fiserv’s Premier bank platform and outsourced processing services, plus a wide array of additional solutions including Consumer and Commercial Credit Full Service, Retail Online and Business Online, Mobiliti, AccountCreate, CheckFree RXP, and Popmoney.

Path Solutions has announced that Banque Islamique du Senegal, the first Islamic bank in West Africa, has gone live with ...

Please login to read the complete article. If you already have an account, you can login now or subscribe/register.

Categories:

Technology & Operations

Keywords:Thomson Reuters, SunGard, Path Solutions, Wolters Kluwer, Fiserv, Visa, ITG, Equinix, Fundtech, Gresham Computing, Omgeo, Temenos, NCR, Ernst & Young


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