2003

May

16

Standard Register and Metavante Partnership: A print automation outsourcing solution for financial i

Standard Register has announced an alliance with Metavante Corporation that will provide financial institutions a secure and cost-effective end-to-end print automation solution. This solution provides branch document automation including checks,

2003

May

17

Cost-reduction makes US banks relocate more jobs overseas

"According to a study done by A.T. Kearney, a management consulting firm, .U.S. financial services firms are planning to relocate more than 500,000 jobs overseas, which is more than 8 percent of their workforce-over the next five years. Citigroup

2003

May

01

Bank of New York Acquires Pershing To Expand Capabilities In Financial Services Outsourcing

The Bank of New York Company, Inc. completed the acquisition of Pershing LLC, in a US $ 2 billion deal. Pershing LLC is a leading global provider of clearing services and outsourcing solutions for broker-deal

2003

May

22

AMP Agrees to a Three Year Contract with Bottomline Technologies for Financial Process Outsourcing

AMP has selected Bottomline Technologies to manage all of its check payments and remittances in the UK. Bottomline Technologies, a leading global technology provider of Financial Resource Management (FRM) software and managed services, today anno

2003

May

01

Carretek LLC Launched For Offshore Outsourcing Of Banking Processes And IT Services

Carreker Corporation, a leading provider of technology and consulting solutions for the financial industry and Majesco Software Inc., a subsidiary of Mastek Limited (National Stock Exchange, India: MASTEK), a leading global outsourcing company, today