2003

Sep

05

HDFC bank used Citriex Meta Frame to rech 230 branches

Citrix systems reports that, HDFC bank India has used ‘Citrix Meta frame XP presentation server to reach 230 branches in 125 cities to provide access to treasury, cash management, correspondence banking and core wholesale banking applications.

2003

Sep

01

Lloyds TSB Selects SAS For Risk Management

Lloyds TSB selects SAS(R) Risk Management to provide a foundation for its risk management. The SAS application will enable Lloyds TSB to satisfy all the requirements of Basel II, as well as to improve capital allocation, provide financial transparenc

2003

Sep

01

PNB, Vijaya Bank Tie Up With Principal Financial To Set Up Asset Management Company

PNB and Vijaya Bank have signed an agreement with Principal Financial Group of USA to set up an asset management company to distribute mutual funds and manage pension funds. In the new joint venture, to be called Principal PNB Asset Management C

2003

Sep

02

Smart Stream Technologies Ties Up With WestLB To Go Live With TLM For Cash Reconciliation

Smart Stream Technologies announced that WestLB has gone live on its TLM (Transaction Lifecycle Management) solution for cash reconciliation. The selection of TLM forms part of WestLB's global MIR project for Matching, Investigations and Reconcili

2003

Sep

02

First National Bank of South Africa Selects PROGNOSIS For Transaction Management

First National Bank (FNB) has selected PROGNOSIS from Integrated Research to manage its BASE24 Point of Sale transaction environment. First National Bank needed an efficient way of tracking its own transactions and those of other institutions in r

2003

Sep

03

Sovereign Bank To Provide Banking Services To The Commonwealth Of Massachusetts

The Commonwealth of Massachusetts has chosen Sovereign to manage a significant part of its cash management system. It will be responsible for the management of all core depository and disbursements for the Commonwealth. Sovereign will use state

2003

Sep

04

Pension Fund Signs A Two-Year Contract With Vneshtorgbank For Full Management Of Its Pension Dollars

The Pension Fund, a state own banking giant, has selected Vneshtorgbank under a two-year contract to provide full control of its billions of pension dollars. Pension Fund’s Chief Mikhail Zurabov told the reporters after the signing ceremony

2003

Sep

04

Komercní Banka Goes Live With Welcome’s First EMV Loyalty Smart Card

Komercní Banka - a subsidiary of Société Générale, a leading card-issuing bank in the Czech Republic, has signed an agreement with Welcome Real-time to use Welcome's XLS technology for the launch of the country's first EMV loyalty smart card. By u

2003

Sep

01

The Low Down On The Hidden Costs Of Offshore Outsourcing

Maximizing the gains to be realized by outsourcing offshore is not without its pains. In this regards, some of the areas that need to be thought through and worked upon are explained in this article. These may help set and match expectations.

2003

Sep

01

Provident Bank Signs Outsourcing Agreement With Benelogic

Provident Bank a full-service commercial bank serving customers in Pennsylvania, Maryland and Virginia has selected Benelogic an application service provider to outsource its benefits enrollment process. Benelogic will be enrolling all the Provide