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One Week Before Showtime, SWIFT Pulls the Plug On Sibos
One week before the largest conference in banking and back-office technology was to begin, SWIFT, citing security concerns, says no go.
Executive Changes
Jeffrey D. Schor joins J.P. Morgan Chase as national sales manager for its I-Solutions business; Ramon de Oliveira elected to SunGard's Board of Directors; Simon Tizard appointed commercial director for BITA Plus Consultants; Leonie Alsop named head of global marketing for Tamesis.
International Bytes
Deutsche Bank and Wall Street Systems launch the Settlement & Operations Clearing exchange (SOCX); Suncorp Metway unveils new online banking system from Corillian Corp.; DGZ-DekaBank enhances its e-services using open analytical CRM software products from DataDistilleries; Danske Bank installs Syntegra's ITS voice trading technology; IntesaBci chooses mpct's CLS Server to power its continuous linked settlement services.
Trade Show/Association Update
NACHA creates new e-check application; 2001 XML on Wall Street announces speakers; CARTES 2001 Congress, a show devoted to smart cards, to take place in Paris.
ING Fast Tracks Sales Integration
Several megabanks are racing to build converged and integrated financial institutions in the hopes of attaining economies of scale and economies of scope.
Bank Bytes
Provident Bank selects Aurum Technology to provide image-based item processing and back-office support services.
CANADIAN BANKS PUSH U.S. EXPANSION THROUGH RETAIL CHAINS
The first installment of Gomez Inc.'s monthly banking analysis column focuses on Canadian banks pursuing U.S. expansion by partnering with Wal-Mart and other large domestic retailers.
EXECUTIVE CHANGES
ING Capital Advisors promotes Michael Campbell to managing partner; Martin Davis appointed executive vice president, International, for Corillian Corporation; Mike Hart names relationship manager, Asset Management for bfinance; James L. Sullivan elected to Board of Directors for SS&C Technologies.
INTERNATIONAL BYTES
Fortis Bank N.V. licenses a money transfer system from Intranet Incorporated; Royal Bank of Trinidad and Tobago enters product renewal agreement with ALLTEL; The Brazilian Federation of Private Banks taps Recall Corporation for recalculation project; Polish economic students to learn about banking using application package donated by Sanchez Computer Associates.
NORTH AMERICA BYTES
Spectrum EBP signs agreement with Billserv Incorporated; SunTrust Banks licenses platform technology from Corillian Corporation; National Bank of Canada inks deal with Basis 100 for mortgage automation package; United California Bank launches new Web site using NOVO technology.
TRADE SHOW/ASSOCIATION UPDATE
America's Community Bankers enters educational agreement with the Risk Management Association; S1 Corporation reschedules its Customer Forum 2001 event; NACHA unveils dates for future shows.
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