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Patni implementing Chordiant CRM for Akbank
21 November - 11:53 AM
Patni Computer Systems has won a new contract with Akbank. The system integration deal will see Patni implementing Akbank's new customer relationship management product from Chordiant Software, over the next 16 months. The new CRM...
First Direct launches social networking site
21 November - 11:29 AM
HSBC-owned telephone and internet bank First Direct has launched an online social network to try and help generate a sense of community and allow the sharing of recommendations amongst its UK customer base. Built by...
Virtual data rooms boom for distressed assets
21 November - 11:25 AM
The credit crisis is fuelling a boom in distressed asset transactions, according to Merrill DataSite. A study commissioned by the company reveals that 10% of its virtual data rooms in 2008 have been used to...
Massive management restructure for Instinet Asia
19 November - 11:46 AM
Instinet has announced a new management structure for its Asia-Pacific business following the move of Joseph Marchal to the position of Asia-Pacific chief executive for Instinet's Chi-X business line. The firm's new regional management structure...
Appointments: Chi-X announces APAC chief executive
19 November - 11:29 AM
SunGard integrates Markit Models into Ambit
19 November - 11:16 AM
Cicada to become unit of Chi-X Global
18 November - 03:44 PM
APAP takes T24 to the Dominican Republic
18 November - 02:47 PM
Sun cuts 6000 jobs
17 November - 04:45 PM
PWG announces initiatives on OTC derivatives infrastructure
17 November - 04:21 PM
Citi drops 52,000 more jobs
17 November - 03:29 PM
LSE results: Baikal rival's supporters may invest; consolidated tape slammed
13 November - 05:04 PM
Eurobase eFX price streaming project with WestLB
12 November - 05:03 PM
PLUS claims trades jump 45% in one month
12 November - 05:00 PM
Appointments: GlobeOp announces Tony Glickman as head of risk services
21 November - 11:43 AM
Appointments: BT's John Leigh joins Ovum
21 November - 11:32 AM
Tideway launches free Foundation Community Edition
19 November - 11:07 AM
Appointments: Standard Chartered reinforces transaction banking
17 November - 02:58 PM
Aconite and Jware partnership for EMV
17 November - 02:28 PM
Equiduct and SIX x-clear announce integrated service
17 November - 11:22 AM
Appointments: Misys announces new European director of professional services
12 November - 05:07 PM
Algorithmics patents Dynamic Trading Strategies software
05 November - 11:50 AM
UBS launches Tap algorithm in Canada
05 November - 11:24 AM
AlBaraka Islamic Bank selects Misys Equation and Trade Innovation
04 November - 03:22 PM
Federal regulation of insurance in the US?
Posted on 12 November 2008 by Tom Groenfeldt
Strange as it may seem to outsiders, the insurance industry in the US is regulated state-by-state, a nightmare for Canadian and European companies trying to break into the market, and no fun for consumers who...
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Green banking, sort of
Posted on 11 November 2008 by Tom Groenfeldt
I wrote a piece about green banking that appears in the latest issue of Banking Technology. It includes steps being taken by Citi and Bank of America, among others. So I was amused the other day to get...
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Predictions for Obama Economics — Financial Insights
Posted on 11 November 2008 by Tom Groenfeldt
What will the next administration do? Financial Insights ventures some predictions. “Financial Insights expects more legislation to protect consumers, incentives to reduce off-shoring, federal regulation of the insurance industry, more bank failures, and streamlining of banking regulatory...
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Happy Birthday, MiFID
11 November - 03:13 PM
The Markets in Financial Instruments Directive was conceived by the European Commission as part of the Financial Services Action Plan, a huge initiative intended to create a pan-European financial services marketplace that will give the...
Back To Basics
11 November - 03:11 PM
The securities industry is a different place than it was a few months ago. Major financial institutions in the US and Europe have been through forced sales, mergers and government bailouts. Now the focus is...
Not just a lot of hot air ...
11 November - 03:08 PM
Although green initiatives have the markings of a fad, and vendors are tripping over themselves to tout their own particular technologies as environmentally friendly, environmental concern is a business trend that will continue to grow,...
Comment: The 12 step programme
11 November - 03:04 PM
Having to deal with the IT programme from Hell is no joke. Perhaps implementation is late and over budget, or the QA process has stalled, or you have no visibility of the development. Maybe the...
Comment: Youthful mobility
11 November - 03:01 PM
As retail banks struggle to find new ways to differentiate themselves, mobile banking is becoming a hot industry topic. As with any innovation, banks need to consider a number of issues before they take the...
