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News for : June 2003

2003

Jun

30

Expanding BPO in pursuit of new financial services market.

Times news network reports that- Sundaram Business services an Indian company offering BPO (Business Process Outsourcing) services in the field of Accounting, Pay-role administration, banking and Insurance is targeting at financial services marketing

2003

Jun

28

Tie up between Bharat Overseas Bank and Sundaram Finance -BPO division, for back office work.

Business Line, India writes that- Sundaram Finance, BPO (Business Process Outsourcing) division India will handle Bharat Oversea’s Bank’s ATM cad application work as per recent pact. Sundaram Business service an ISO 9001-2000 company i

2003

Jun

25

Carrollton Bank and Metavante expand outsourcing relationship

Carrollton Bank, the banking subsidiary of Carrollton Bancorp with more than $324 million in assets, has signed a long-term agreement for a comprehensive suite of bank technology solutions with Metavante Corporation, the financial technology subsidia

2003

Jun

23

Chemical Bank seeks Wealth Management and Trust Accounting Solution from Metavante

Chemical Bank and Trust Company, an affiliate of Chemical Financial Corporation, and Metavante have entered into a long-term agreement for Metavante to provide a comprehensive wealth management and trust account processing solution to customers of Ch

2003

Jun

19

Banco Popular North America (BPNA) and Metavante enter into strategic outsourcing alliance

Banco Popular North America (BPNA), the United States mainland bank subsidiary of Popular, Inc. - the largest Hispanic bank in the U.S. - with more than $33 billion in assets, has signed a long-term agreement with Metavante Corporation for its compre

2003

Jun

16

Whitaker Bank signs long-term agreement with Metavante

"Whitaker Bank Corporation of Kentucky, U.S has signed a long-term agreement with Metavante Corporation for a suite of electronic funds transfer (EFT) and card processing solutions. Metavante will provide Whitaker Bank Corporation with ATM driving an

2003

Jun

03

Abbey National Bank appoints Computacenter for desktop infrastructure management

Abbey National has appointed Computacenter plc to manage its desktop infrastructure. The five-year contract, which replaces a number of contracts with several suppliers, commences on 1 September 2003 and is valued at £70 million. Under the deal,

2003

Jun

19

South-Africa ready for outsourcing

Hopping on to the bandwagon of the outsourcing countries, is South Africa, Alexander Erwin, minister of trade and industry tells Kerry Massaro, at a recent meeting in New York. The country will compete with India, Ireland and China among other o

2003

Jun

18

World Bank signs contract with Satyam Computer

Amidst stiff competition from global IT companies Satyam Computer Services Ltd, India, has signed the prestigious contract with World Bank to provide them with IT services. Rakesh Asthana Director of corporate information services of World Bank o

2003

Jun

07

Growing trend of offshore outsourcing services in financial service market

Intelligent asia.com writes that- offshore outsourcing has undergone a tremendous growth over last few years. Mr. Anders Maehre, Financial technology analyst, Datamonitor is of the opinion that, CAGR (Compound annual growth rate) in European in

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