This week's vendors and consultants roundup includes Suncorp’s simplification program, Magyar Bank’s implementation of Fiserv’s Cleartouch platform, CBA’s NetBank Vault safety deposit box, and Oracle’s Collective Intellect purchase.
June 08, 2012 | The Asian Banker Editor“As consumer technology, innovation and financial services converge more and more, banks are striving to find new ways to service customers.”
Adam Bennett, chief information officer at National Australia Bank, shares his view about the impact of consumer technology advances on the banking industry.
Corporate Development
Private equity firm Vista Equity Partners has finalised the $2.6 billion takeover of financial services vendor Misys and will merge the company with business banking software provider Turaz. Turaz and Misys are now one company and will operate under the name Misys.
NEC Australia, a communications and network solutions provider, has agreed to acquire CSG’s Technology Solutions business for $227.5 million to further develop its ICT services capabilities.
Suncorp has announced plans for a $275 million simplification program that will see the bank modernise IT systems and cut costs associated with legacy infrastructure. The simplification strategy will also consolidate licenses, commence a staged overhaul of its core banking platform and improve its risk management platform.
Core Banking
IBM has announced its partnership with India’s Hatton National Bank (HNB), and will support the bank with supply and installation of BPC Banking Technologies’ SmartVista solution to help HNB scale up its operations and minimise service disruptions, streamline revenue streams and enhance customer experience.
Magyar Bank has implemented Fiserv’s Cleartouch bank platform, with a strategy to enhance integration, lower costs and streamline vendor management. The bank also selected a myriad of Fiserv solutions including Director, Branch Source Capture and Merchant Source Capture, AML Manager, Fiserv Clearing Network, Relations...
Categories:
Technology & OperationsKeywords:Suncorp, IBM, Fiserv, Sofgen, Acculynk, Transoft, NCR, Oracle, International Turnkey Systems, BPC Banking Technologies
This week's vendors and consultants roundup includes Suncorp’s simplification program, Magyar Bank’s implementation of Fiserv’s Cleartouch platform, CBA’s NetBank Vault safety deposit box, and Oracle’s Collective Intellect purchase.
June 08, 2012 | The Asian Banker Editor“As consumer technology, innovation and financial services converge more and more, banks are striving to find new ways to service customers.”
Adam Bennett, chief information officer at National Australia Bank, shares his view about the impact of consumer technology advances on the banking industry.
Corporate Development
Private equity firm Vista Equity Partners has finalised the $2.6 billion takeover of financial services vendor Misys and will merge the company with business banking software provider Turaz. Turaz and Misys are now one company and will operate under the name Misys.
NEC Australia, a communications and network solutions provider, has agreed to acquire CSG’s Technology Solutions business for $227.5 million to further develop its ICT services capabilities.
Suncorp has announced plans for a $275 million simplification program that will see the bank modernise IT systems and cut costs associated with legacy infrastructure. The simplification strategy will also consolidate licenses, commence a staged overhaul of its core banking platform and improve its risk management platform.
Core Banking
IBM has announced its partnership with India’s Hatton National Bank (HNB), and will support the bank with supply and installation of BPC Banking Technologies’ SmartVista solution to help HNB scale up its operations and minimise service disruptions, streamline revenue streams and enhance customer experience.
Magyar Bank has implemented Fiserv’s Cleartouch bank platform, with a strategy to enhance integration, lower costs and streamline vendor management. The bank also selected a myriad of Fiserv solutions including Director, Branch Source Capture and Merchant Source Capture, AML Manager, Fiserv Clearing Network, Relations...
Categories:
Technology & OperationsKeywords:Suncorp, IBM, Fiserv, Sofgen, Acculynk, Transoft, NCR, Oracle, International Turnkey Systems, BPC Banking Technologies
