This week's vendors and consultants roundup include Capgemini's acquisition of CS Consulting, Deutsche Bank's decision to go with TCS's core banking system, BPI's selection of Hypercom to manage its payment system, and KPMG's hiring by CBA to investigate the bank's recent IT outage.
December 24, 2010 | The Asian Banker Editor"But it
would be extremely wasteful to insist upon all banks using that."
Bob McKinnon, Westpac CIO, commenting on the
Australian government's proposal for the country's banks to use a common IT
system to promote bank account portability.
McKinnon and Michael Harte, CIO, of Commonwealth
Bank of Australia say that a
unified platform will have no impact on improving customer experience.
Corporate Developments
Capgemini, a provider of consulting, technology and outsourcing services, has purchased German-based CS Consulting, a provider of information technology services, from LRPC, an investment fund. The purchase will allow Capgemini to expand its presence in the German financial institutions market.
B2 Group, a provider of financial software and services, has acquired TDI Consulting, a provider of corporate payments processing services, allowing B2 Group to incorporate TDI’s expertise in payments processing into its suite of products and services.
Intel has purchased a stake in Omnesys Technologies, an Indian-based provider of securities trading and order management systems, which will help Intel to expand its presence in the Indian financial market.
Core Banking
Deutsche Bank has chosen Tata Consultancy Services’s BaNCS core banking system to help provide the bank with a modern, safe and cost-effective platform for its transaction banking activities.
Misys, a provider of application software and services, has signed an agreement with Cooperative Bank of Kenya to provide the bank with its BankFusion Universal Banking software. The core banking solution will help the bank enlarge its variety of products and services and increase the ba...
Categories:
Technology & OperationsKeywords:Capgemini, TCS, Hypercom, Surecomp, KPMG
This week's vendors and consultants roundup include Capgemini's acquisition of CS Consulting, Deutsche Bank's decision to go with TCS's core banking system, BPI's selection of Hypercom to manage its payment system, and KPMG's hiring by CBA to investigate the bank's recent IT outage.
December 24, 2010 | The Asian Banker Editor"But it
would be extremely wasteful to insist upon all banks using that."
Bob McKinnon, Westpac CIO, commenting on the
Australian government's proposal for the country's banks to use a common IT
system to promote bank account portability.
McKinnon and Michael Harte, CIO, of Commonwealth
Bank of Australia say that a
unified platform will have no impact on improving customer experience.
Corporate Developments
Capgemini, a provider of consulting, technology and outsourcing services, has purchased German-based CS Consulting, a provider of information technology services, from LRPC, an investment fund. The purchase will allow Capgemini to expand its presence in the German financial institutions market.
B2 Group, a provider of financial software and services, has acquired TDI Consulting, a provider of corporate payments processing services, allowing B2 Group to incorporate TDI’s expertise in payments processing into its suite of products and services.
Intel has purchased a stake in Omnesys Technologies, an Indian-based provider of securities trading and order management systems, which will help Intel to expand its presence in the Indian financial market.
Core Banking
Deutsche Bank has chosen Tata Consultancy Services’s BaNCS core banking system to help provide the bank with a modern, safe and cost-effective platform for its transaction banking activities.
Misys, a provider of application software and services, has signed an agreement with Cooperative Bank of Kenya to provide the bank with its BankFusion Universal Banking software. The core banking solution will help the bank enlarge its variety of products and services and increase the ba...
Categories:
Technology & OperationsKeywords:Capgemini, TCS, Hypercom, Surecomp, KPMG
