Content tagged with Core Systems posted in July 2010
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Metro Bank Opens in U.K. Using Temenos Core Banking Software
Suite of banking products implemented in 9 months.
Small Bank Tech Companies Stay Focused, Have Longevity and Serve Thousands
There are 82 companies (vendors, researchers and associations) in Automation in Banking - 2010 (my annual report on the bank technology industry). Fourteen of them are small. My definition of "small" is companies with fewer than fifteen employees. The average here is eleven. They are:
Sterling Savings Bank Outsources Core Banking to FIS
Bank seeking faster customer onboarding and better sales support.
Financial Overhaul May Improve Banks' Customer Relationships
My experience as a bank customer began early. I was the treasurer of our household at age nine, and the custodian of five Christmas Club accounts. That was my grand total understanding of banking. Every week I went to the bank like clock-work. My first encounter with pretty girls occurred at the teller line, and my first disappointment in that awkward adventure presented itself when Mr. Tyler would flag me down to his station. He had accumulated a week's worth of advice that had to be delivered
71% of Lenders to Adopt Online Lending Technology, Survey Finds
Study also projects that online mortgage-application volume will triple by 2013.
Nice to See the Return of the In-House vs. Outsource Debate
The recent story about First Tennessee deciding to take IT back in house caught my eye because it was the first article I have seen in a long time about a most popular issue from the past. In fact, I looked up my own electronic archive on the subject and found ten articles I had written between 1981 and 2002.
State Bank of Whittington to Outsource Core Banking to CSI
Making the switch after 20 years of processing in-house.
Why First Tennessee is Bringing IT Back in From Outsourcing
Yesterday First Tennessee Bank announced that it's terminating an outsourcing agreement with a major core banking services provider and bringing all that IT back in-house. The move will bring 65 technology jobs to a new data center in Maryville, Tenn., over the next three to 18 months. The bank is hiring data storage experts, network engineers, server engineers, and mainframe operations engineers. By the end of the 18 month phase-in, the bank will have 110 employees in the new data center. The c
It Was a Good Year for Bank IT, But Who's Gloating?
After 25 years of publishing my bank tech report, I do not think 2009 was any different for the bank tech industry as long as one isolates it from all the other disasters that occurred in 2009. In other words, for once, technology was not to blame for anything. It didn't experience another Y2K dilemma; there was no bust in the dot-com world; the Internet didn't go down or even brown out; there were no major data thefts or incidents of cybercrime; the 6% average bank IT budget increase for the FI
Harris Taps Randall Raup to Head Retail Lending
Harris taps Randall Raup to head retail lending.
North American Savings Bank Implements Open Solutions' DNA Platform
Kansas City-based North American Savings Bank ($1.4 billion in assets) announced today it has selected Open Solutions Inc.'s DNA enterprise-wide core regional platform for its processing needs.
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Archived Audio Interviews
Join Bank Systems & Technology Associate Editor Bryan Yurcan, and guests Karen Massey and Jerry Silva from IDC Financial Insights, for a conversation about the firm's 11th annual FinTech rankings.
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