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Vendors and Consultants News Updates, March 4th 2011

This week's vendors and consultants roundup include SAS' acquisition of AssetLink, BofA's mobile banking outage, HSBC's new treasury solution for corporates, and Citi's hiring of Ernst & Young to investigate its $89 million dollar fraud case.

March 04, 2011 | The Asian Banker Editor

"The ability to connect seamlessly with not just one bank, but several banking partners, is quickly becoming a priority in the corporate space."
Marcus Treacher, head of e-Commerce, Global Transaction Banking, HSBC, commenting on the bank’s partnership with SWIFT and SAP in creating HSBC Connect to SAP, the bank’s corporate-to-bank integration and treasury solution.

Corporate Developments

Fiserv, a provider of core banking services, has purchased Mobile Commerce, a provider of mobile banking and payments software. The acquisition will enable Fiserv to enhance its range of mobile banking services and reduce the roll out time of similar services.

Misys has acquired Sophis, merging together two providers of application software and services in capital markets and strengthening Misys’ presence in the sector.

SAS, a provider of business analytics software and services, has acquired AssetLink, a provider of marketing resource management. The acquisition enables SAS to combine its customer intelligence software with AssetLink’s marketing solution to offer an integrated marketing management platform to customers.

Core Banking

Panama’s UniBank & Trust has deployed Fiserv’s Signature core banking solution, helping the bank to decrease its delivery time of products to the market while reducing costs.

HSBC is currently building a new data centre facility worth an estimated $30 million in Sydney, Australia. The centre will contain the bank's main communications facilities and link its core banking systems in Hong Kong.

E-Channels

Bank of America’s mobile banking system suffered an outage for two days, on February 28th to...

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

Categories:

Technology & Operations

Keywords:SAS, SAP, SWIFT, Diebold, Ernst & Young


Vendors and Consultants News Updates, March 4th 2011

This week's vendors and consultants roundup include SAS' acquisition of AssetLink, BofA's mobile banking outage, HSBC's new treasury solution for corporates, and Citi's hiring of Ernst & Young to investigate its $89 million dollar fraud case.

March 04, 2011 | The Asian Banker Editor

"The ability to connect seamlessly with not just one bank, but several banking partners, is quickly becoming a priority in the corporate space."
Marcus Treacher, head of e-Commerce, Global Transaction Banking, HSBC, commenting on the bank’s partnership with SWIFT and SAP in creating HSBC Connect to SAP, the bank’s corporate-to-bank integration and treasury solution.

Corporate Developments

Fiserv, a provider of core banking services, has purchased Mobile Commerce, a provider of mobile banking and payments software. The acquisition will enable Fiserv to enhance its range of mobile banking services and reduce the roll out time of similar services.

Misys has acquired Sophis, merging together two providers of application software and services in capital markets and strengthening Misys’ presence in the sector.

SAS, a provider of business analytics software and services, has acquired AssetLink, a provider of marketing resource management. The acquisition enables SAS to combine its customer intelligence software with AssetLink’s marketing solution to offer an integrated marketing management platform to customers.

Core Banking

Panama’s UniBank & Trust has deployed Fiserv’s Signature core banking solution, helping the bank to decrease its delivery time of products to the market while reducing costs.

HSBC is currently building a new data centre facility worth an estimated $30 million in Sydney, Australia. The centre will contain the bank's main communications facilities and link its core banking systems in Hong Kong.

E-Channels

Bank of America’s mobile banking system suffered an outage for two days, on February 28th to...

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

Categories:

Technology & Operations

Keywords:SAS, SAP, SWIFT, Diebold, Ernst & Young


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