This week's vendors and consultants roundup includes Google Ventures’ investment in DocuSign, IDB Group’s selection of Misys solutions, and Temenos’ partnership with Mekong Development Bank.
August 17, 2012 | The Asian Banker Editor“It (technology) is in the centre of everything that we do in banking.”
C.V.G. Prasad, chief information officer at ING Vysya Bank, shares his view about the role of technology in the banking industry.
Corporate Development
SunAmerica Financial Group, a subsidiary of American International Group, has agreed to acquire Woodbury Financial Services, an operating subsidiary of The Hartford Financial Services Group, for $90 million, with the deal expected to be completed by the end of 2012.
Risk assessment services provider Verisk Analytics has signed an agreement to acquire Argus Information & Advisory Services, enhancing Verisk’s position as a key provider of data, analytics and decision support solutions to financial institutions.
Google Ventures has invested $8.2 million in electronic signature company DocuSign’s Series D financing round, joining fellow investors Kleiner Perkins Caufield & Byers, Accel Partners, Comcast Ventures and SAP Ventures, and bringing the total funding to $55.7 million.
Core Banking
IT services provider Wipro has implemented its core banking solution for five cooperative banks under the National Agriculture Bank for Rural Development in Bihar, Haryana, Maharashtra, Punjab and Uttar Pradesh to offer e-banking facilities to rural customers.
Turkey’s Ziraat Bank has selected the TCS BaNCS core banking platform for a multi-country implementation as part of its international growth strategy.
India’s Federal Bank has deployed Fiorano ESB to integrate its core banking infrastructure, Infosys’ Finacle and multiple retail channels, to streamline its operations and accelerate roll-out of value-added services through multiple channels.
E-Channels
Westpac will begin tria...
Categories:
Technology & OperationsKeywords:Verisk Analytics, Wipro, TCS, SunGard, Google, First Data, Misys, Surecomp, AMEX, ACI Worldwide, Omgeo, Temenos, Wolters Kluwer, Ernst & Young, IBM, Teradata, Oracle
This week's vendors and consultants roundup includes Google Ventures’ investment in DocuSign, IDB Group’s selection of Misys solutions, and Temenos’ partnership with Mekong Development Bank.
August 17, 2012 | The Asian Banker Editor“It (technology) is in the centre of everything that we do in banking.”
C.V.G. Prasad, chief information officer at ING Vysya Bank, shares his view about the role of technology in the banking industry.
Corporate Development
SunAmerica Financial Group, a subsidiary of American International Group, has agreed to acquire Woodbury Financial Services, an operating subsidiary of The Hartford Financial Services Group, for $90 million, with the deal expected to be completed by the end of 2012.
Risk assessment services provider Verisk Analytics has signed an agreement to acquire Argus Information & Advisory Services, enhancing Verisk’s position as a key provider of data, analytics and decision support solutions to financial institutions.
Google Ventures has invested $8.2 million in electronic signature company DocuSign’s Series D financing round, joining fellow investors Kleiner Perkins Caufield & Byers, Accel Partners, Comcast Ventures and SAP Ventures, and bringing the total funding to $55.7 million.
Core Banking
IT services provider Wipro has implemented its core banking solution for five cooperative banks under the National Agriculture Bank for Rural Development in Bihar, Haryana, Maharashtra, Punjab and Uttar Pradesh to offer e-banking facilities to rural customers.
Turkey’s Ziraat Bank has selected the TCS BaNCS core banking platform for a multi-country implementation as part of its international growth strategy.
India’s Federal Bank has deployed Fiorano ESB to integrate its core banking infrastructure, Infosys’ Finacle and multiple retail channels, to streamline its operations and accelerate roll-out of value-added services through multiple channels.
E-Channels
Westpac will begin tria...
Categories:
Technology & OperationsKeywords:Verisk Analytics, Wipro, TCS, SunGard, Google, First Data, Misys, Surecomp, AMEX, ACI Worldwide, Omgeo, Temenos, Wolters Kluwer, Ernst & Young, IBM, Teradata, Oracle
