2007

Jul

31

Groupe Steria acquires Xansa Outsourcing & Technology

France-based Groupe Steria moved into the top 10 IT service providers in Europe with the acquisition of Xansa, a UK-based BPO.

2007

Jul

26

Infosys acquires three service centers from Philips

Infosys BPO bagged acquired three shared services divisions from Royal Philips Electronics in a $29 million deal, coupled with a $250 million outsourcing deal.

2007

Jul

31

Norkom Technologies acquires Digital Harbor

Dublin-based Norkom Technologies, an anti-fraud and compliance service provider acquired US-based Digital Harbor.

2007

Jul

02

Gulf Bank Selects SCTN Solution for OTC Derivative Management

Gulf Bank has gone live with Smart Chip Technologies SCTN OTC solution for OTC derivate management services. Additionally, SCTN solution would also provide scalable, high performance, end-to-end solution that uses an ASP model to customize the sys

2007

Jul

02

Ten Major European Banks Outsources Euro Clearing Services To VocaLink

ABN Amro, Bank of America, Citi, Dexia Bank, Fortis, Lloyds TSB, RBS and Santander have outsourced euro clearing and settlement services to VocaLink. In addition, VocaLink services would also include core transaction processing, transaction manag

2007

Jul

02

Logicscope Teams With Wall Street For Trade Processing Services

Logicscope has formed strategic alliance with Wall Street System to provide foreign exchange (FX) trade processing services to the brokerage firms. The alliance would enable the users to receive details of executed trades in real-time, facilitatin

2007

Jul

02

Societe Generale Teams With TCS To Provide European Payments Management

Societe Generale has formed strategic alliance with TCS Financial Solutions to launch and provide European payments transaction and management services. Under the partnership, the alliance would also provide the financial firms with a unified Eur

2007

Jul

02

Bain Capital Implements ClariFI Solution For Portfolio Management Services

Bain Capital has rolled out ClariFI ModelStation solution for quantitative portfolio management services. Through the deal, ClariFI solution would also provide robust alpha research, back testing, and portfolio construction capabilities, and the f

2007

Jul

03

B&B Selects Northland Solutions System For Transactions Monitoring Services

Bradford & Bingley has gone live with Northland Solutions TMS technology for compliance alerts, mortgage lending and savings and transactions monitoring services. Additionally, Northland Solutions would also enable the financial firm to integrate

2007

Jul

03

Betbrokers Implements Sapphire Group For Support, Maintenance Services

Betbrokers has selected Sapphire Group for support and maintenance and business process management services. Using the Sapphire Group services, Betbrokers would also be able provide the bookmakers, betting exchanges and corporates with a risk mana