KBC centralises data centres in Hungary

KBC Banking & Insurance, the Belgian financial group whose operations include retail banking, private banking, insurance, and the provision of services to both SMEs and major corporates, has consolidated its Central European IT infrastructure into two new data centres in Hungary. KBC Global Services, the firm’s internal IT organisation, worked in partnership with data centre […]

ITG overhauls its leadership team

Specialist broker technology and advisory firm, ITG, is overhauling its leadership team with the appointment of David Stevens as head of US and Latin America, while Jamie Selway has been named head of liquidity management, which includes the firm’s Posit crossing network and its smart routing and algorithmic trading units. He’ll also lead ITG’s derivatives […]

Swift to develop business continuity service for RTGS systems

A Market Infrastructure Resiliency Service is being developed by Swift to keep key functions at Real Time Gross Settlement systems around the world operating in the event of a major outage.

New head at Capco UK

Financial services consultants, Capco, are promoting Andrew Tarver to UK chief executive from their UK capital markets team. He replaces Ismail Amla who will now head up the firm’s North American practice. Tarver joined in 2010 after leaving the capital markets consultancy at Accenture where he spent ten years working with tier one clients defining […]

DTCC names Adam Wysota chief technology officer

The Depository Trust & Clearing Corporation has made Adam Wysota, its new chief technology officer. He will be responsible for the strategic direction and oversight of DTCC’s critical IT infrastructure and for driving its risk-mitigation initiative. His role will also cover the review and approval of new technology upgrades, as well as the maintenance of […]

SIX Securities Services has new head of clearing & clearing relations

SIX Securities Services has appointed Urs Wieland as chief executive of SIX x-clear Ltd. He succeeds Marco Strimer, who has led the clearer for six years. In addition, Tomas Kindler, former managing director of LinkUp Markets, has joined the SIX x-clear arm as the new head of clearing relations.  Wieland has been with SIX Securities […]

Citi joins Bacs as first non-European member

Citibank NA has become the first non-European member to join Bacs Payments Schemes in the UK, the owners of the direct debit and credit system in the UK. Part of the critical national infrastructure, the bank-owned non-profit organisation handles more than 90% of salaries paid in the UK over its VocaLink technology infrastructure.  Citibank is […]

Zuno bank goes live with core banking solution in Czech Republic

Zuno Bank, an internet banking operation launched by Austria’s Raiffeisen Bank International for Central and Eastern Europe, has extended its operations today with the launch of a new web site in the Czech Republic, building on its earlier launch at the turn of the year in Slovakia. Powered by the Finacle solution from Infosys, which […]

Mobile Tech in FS Summit

The inaugural Mobile Technology in Financial Services Summit, organised by Banking Technology was held at Haberdashers’ Hall in the City of London. The rapidly evolving world of mobile financial services was examined in detail by speakers from RBS, HSBC, Lloyds Banking Group, First Direct, La Caixa, Barclaycard and Standard Chartered Bank, among many others. For […]

Metro Bank: Meet the challenger

A retail revolution was unleashed last summer in Holborn, central London. I was there to see it but unusually it wasn’t just another fancy shiny new shop, loyalty card or clothes line, it was a bank. That’s right, the traditionally staid retail banking sector had a bit of hoopla about it for a change. Metro […]