OutsourcingRSS

Credit Suisse EMEA to outsource structured product business to Delta Capita

Credit Suisse

Delta Capita has been appointed as managed service provider to Credit Suisse EMEA Structured Products business. A number of existing Credit Suisse team will transfer to Delta Capita as part of the deal.

Aperio to revamp investment management ops with Linedata

US flag

Aperio Group, $16 billion investment manager in California, has selected investment management software from Linedata.

BNP Paribas Securities Services and Calypso team for post-trade services outsourcing

BNP Paribas Securities Services teams up with Calypso Technology

BNP Paribas Securities Services has teamed up with Calypso Technology to bring to market “a full, end-to-end post-trade services offering across asset classes” for investment banks.

ME Bank outsources core banking to Capgemini

Australia flag

Australia’s ME Bank has signed a five-year deal with tech consultancy firm Capgemini to manage its core banking functions. ME Bank says it will still look after the design and security elements of the Temenos’ T24 core banking system, while Capgemini will provide a managed service for its infrastructure. In an interview with the Australian […]

MVB Bank in tech overhaul with Jack Henry’s Silverlake core system

Fairmont, West Virginia, home of MVB Bank

MVB Bank, a $1.4 billion community bank in West Virginia, has signed for a new core banking system, Jack Henry’s Silverlake.

Arab Bank Switzerland ditches FIS/Sungard core system for Avaloq BPO

Arab Bank (Switzerland) in tech revamp

Arab Bank (Switzerland), a private bank in Geneva, has signed a long-term deal with Avaloq for the vendor’s complete business process outsourcing (BPO) services.

SNS Bank selects Ohpen for BPO core processing services

Ohpen

Amsterdam-based banking software vendor Ohpen has signed a long-term outsourcing agreement with Dutch state-owned bank SNS to deliver its business process outsourcing (BPO) solutions to support the investment propositions of ASN Bank, BLG Wonen, RegioBank and SNS. The services, underpinned by Ohpen’s Microsoft.Net-based core banking platform, will start by the end of 2017. Ohpen CCO […]

Mabrey Bank turns to Jack Henry for IT infrastructure and core processing

Jack Henry

Oklahoma-based Mabrey Bank has migrated its IT infrastructure and core processing to an outsourced delivery model with US-based banking software heavyweight Jack Henry. The bank moved its IT infrastructure to the cloud computing environment, Gladiator Hosted Network Solutions, and then migrated its CIF 20/20 core processing system to JHA OutLink Processing Services. Carlisle Mabrey, IV, […]

Metro Bank moves IT infrastructure to Rackspace cloud

Metro Bank on cloud nine

UK-based challenger bank Metro Bank has moved its IT infrastructure to a Rackspace managed cloud solution. Rackspace says this has reduced the bank’s close-of-business processing time by 50% and report production time by two-thirds.

MAB awards core banking managed services deal to JMR Infotech

Myanmar is busy with banking tech projects

Myanmar-based Myanma Apex Bank (MAB) has selected JMR Infotech as its core banking managed services provider. For its core banking system MAB uses Oracle FSS’s Flexcube.

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