CITIC Ka Wah Bank based in Hong Kong has selected HP as its strategic IT partner for its deployment of a new branch-banking infrastructure. This infrastructure is part of the bank’s strategy to transform its current system environment into a more responsive and proactive total service delivery platform and is based on the HP OpenBank solution, an open retail banking architecture framework that integrates front- and back-end systems using open standard processes and technologies. Supporting the new branch-banking infrastructure will be a range of HP hardware components including HP ProLiant servers, HP Compaq business desktop PCs, HP magnetic strip readers, BANQIT self-service printers and passbook printers. The deployment, which began in the third quarter of 2005, is undertaken in two phases: the first phase involved replacing existing branch banking infrastructure, deploying HP OpenBank and integration of CITIC’s online system with a core banking system. The second phase involved transformation of the bank’s teller operation to sales operation to enable more advisory services.
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