Vendors and Consultants News Updates, May 11th 2012
This week's vendors and consultants roundup includes IOB’s migration to Oracle’s core banking system, RBC’s new Virtual Visa Debit, PayPal’s and Banco Nacional’s e-commerce transaction agreement, and Wincor Nixdorf’s ATM technology in Bangladesh. May 11, 2012 | The Asian Banker Editor“We have to store all our data, forever.” Corporate Development Exchange operator Nasdaq OMX has agreed to acquire Bwise, a provider of enterprise governance, risk management and compliance software solutions, to complement its market surveillance system, SMARTS, which is aimed at helping brokers, exchanges and regulators. Financial data vendor Markit has agreed to buy specialist data software supplier Cadis to tap growing demand for systems to help banks manage big data challenges, reduce risk and comply with new regulations. Morgan Stanley Global Private Equity has acquired Access Cash General Partnership, a Canadian firm that manages the ATM network in the country, with the partnership aiming to help the firm take advantage of market opportunities.. Core Banking Botswana’s Letshego Holdings has selected the TCS BaNCS suite as the core banking system for its venture into retail banking in Africa, helping the bank process loans and deposits across Botswana, Swaziland, Tanzania, Uganda, Zambia, Namibia and Mozambique. Burj Bank has appointed Path Solutions as its core banking solutions provider, selecting the iMAL system to facilitate the delivery of its banking services. Indian Overseas Bank has decided to migrate from its in-house core banking system (CBS) to an Oracle-based platform, as per RBI’s instructions for the bank to integrate data from various banks through an automated data flow system. E-Channels New Zealand’s TSB Bank has introduced a new mobile service [my]bank, which has a fully ... Please login to read the complete article. If you already have an account, you can login now or subscribe/register.
Categories: Technology & Operationstechnology, Technology & Operations, Keywords:Bwise, Cadis, Oracle, Visa, Accumulate, Global Payments, PayPal, Gemalto, Wincor Nixdorf Bwise, Cadis, Oracle, Visa, Accumulate, Global Payments, PayPal, Gemalto, Wincor Nixdorf
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