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News & Commentary
Content tagged with Core Systems posted in April 2009
Metavante Stock Appreciated 33%, but No Commentators Mentioned That as a Reason to Sell
News  |  4/10/2009
Exhibit 50 in my report is called "The Automation in Banking Fund." It's a fictitious mutual fund to track the investment value of bank tech companies. When it appears on my computer screen, the profit or loss column shows just that. The figures are green or red. Only one of the 23 publicly traded bank tech companies used green ink in that column on April 9, 2009. But before April 1, it used red ink like all the others. And it was a good shade of green-33 percent higher than a year ago (the exhi
HSBC Mexico Upgrades Its Core Banking Systems in One Big Bang
News  |  4/10/2009
HSBC Mexico decided to upgrade its core banking applications in one shot, tapping CSC's automated upgrade program to govern the implementation.
Crisis Presents Banks With Opportunity to Reexamine Core Systems
News  |  4/6/2009
There's no better time for banks to reevaluate their core systems, according to Mike Barba, Manager, Information Risk Management Business, SMART Business Advisory & Consulting.
Banks -- and Their Core Systems -- in Survival Mode
News  |  4/6/2009
Amid an economic downturn that is only beginning to show signs of a bottom, banks are reexamining their core systems, with a priority on phasing in capabilities to cope with new realities around risk, regulation and customer retention.
Fidelity National Information Services and Metavante: Creating the Big Three
News  |  4/1/2009
I love to talk about my inability to call the shots, or pick the pros, or look into the future. I prefer the enjoyment of surprise, and at 6:00 AM today, I was indeed surprised.


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