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Chinese banks' matured approach to IT partnerships bodes well for domestic financial eco-system
Date: Mar 06, 2013
Author: Baron Laudermilk
Categories: China, Core Banking, Customer Centricity, Innovation, Technology & Operations
Keywords: HRCU, TCS, Liu Zhigao, China CITIC Bank, SAS, Lu Tianggui, Oracle, Harbin Bank, BoC, Du Quan
Chinese banks now look at five decisive factors when selecting prospective IT partners – brand, work history, committed resources, quality of service, and cost.
BMO China seeks to enhance infrastructure capabilities to drive growth in Asia
Date: Dec 20, 2012
Author: Carol Wheatcroft
Categories: China, Core Banking, Retail Banking, Technology & Operations, Wealth Management
Keywords: Fang Bourne, BMO, Lloyd George Management, COFCO Trust, Fullgoal Fund Management, Wholesale Banking, Corporate Banking, Oracle
Fang Bourne, COO of BMO China, discusses the bank’s incorporation in Beijing and challenges faced in implementing its Asian growth strategy.
Risk sharing pays dividends for RCBC’s new core banking system implementation programme
Date: Nov 01, 2012
Author: Carol Wheatcroft
Categories: Core Banking, Philippines, Technology & Operations
Keywords: RCBC, Dennis Bancod, Lorenzo Tan, Infosys, IBM, Oracle, Fiserv, Fidelity, Callatay & Wouters, Linux, Business Analytics
Dennis Bancod, CIO of RCBC discusses how his experience with two previous core banking system implementations influenced his most recent approach at RCBC.
Chinatrust Commerical Bank pursues simplification of IT processes
Date: Sep 20, 2012
Author: Carol Wheatcroft
Categories: Channels, Core Banking, Customer Centricity, Taiwan, Technology & Operations
Keywords: Chinatrust Commercial Bank, Jeremy Ou, Oracle, Wentron, Mobile Commerce, BYOD, Mobile Applications
Jeremy Ou, Chinatrust Commercial Bank’s CIO, addresses the bank’s IT priorities in the coming year and concerns about rising outsourcing costs.
Oracle looks to Chinese joint stock and commercial banks for opportunities with confidence
Date: Sep 10, 2012
Author: Baron Laudermilk
Categories: China, Core Banking, Technology & Operations
Keywords: Oracle, Chet Kamat, Jilin bank, Ping An Bank, FLEXCUBE, TCS, Bank of China, Agricultural Bank of China, ICBC, Digital China
Chet Kamat, Oracle Financial Services Software’s CEO feels Oracle is making steady progress in the Chinese market, and does not predict any major challenges or hurdles that are country specific.
Industry players must reach consensus on SOA definition
Date: Aug 29, 2012
Author: John Schlesinger
Categories: Innovation, Technology & Operations
Keywords: SOA, Temenos, John Schlesinger, Application Development, Banking Architecture, Integration, Interaction, IBM, Oracle, Microsoft, Banque Libano-Francaise, SaaS
John Schlesinger, chief architect at Temenos, feels that the term ‘SOA’ is being bandied around far too much in banking, tarnishing the image of the pioneering architecture when projects go wrong.
Ping An Bank’s adoption of new core banking system boosts technological capabilities
Date: Aug 13, 2012
Author: Carol Wheatcroft
Categories: China, Consumer Credit, Core Banking, Retail Banking, Technology & Operations
Keywords: Ping An Bank, Shenzhen Development Bank, CBRC, Oracle, OSA, FLEXCUBE, GEFU, API
Ping An Bank implements Oracle’s FLEXCUBE Core Banking to centralise and modernise its retail banking operations, as well as integrate with systems from other parts of its parent firm.
Financial services vendors vie for China’s smaller banks
Date: Jul 25, 2012
Author: Baron Laudermilk
Categories: China, Core Banking, Technology & Operations
Keywords: Digital China, Jacqueline Niu, Guo Wei, Oracle, IBM, TCS, Fidelity China, Guangliang
With mounting competition from IBM, Oracle, TCS, and domestic financial services providers, Digital China must ensure delivery of quality products and services, and keep its most talented staff.
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