Infosys Technologies’ banking solution, Finacle, has been chosen by State Bank of India (SBI) – the largest commercial bank in India – to provide core banking, e-banking and treasury solutions across operations in 20 countries. Finacle will replace the current disparate systems across SBI’s international operations and is expected to enable SBI to streamline and consolidate its technology infrastructure across international operations. The deployment is expected to be completed in 12 months and spread across three global data centres in the USA, the UK and India. Shri AK Purwar, chairman at SBI, said: ‘SBI has always been a pioneer in the Indian banking sector and we have aggressive plans to increase our product offerings across the globe. We are sure that Infosys will help us in our aggressive multi-country roll out plans.’
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more