Banking software group Misys has announced the appointment of Himanshu Raja to the role of chief financial officer (CFO).
Previously, Raja was CFO for Logica where he led the sale process that resulted in the UK company being acquired by CGI of Canada for £1.8bn and significant financial experience of working in telecommunications, IT and services environments globally. Prior to Logica, he worked at BT Group for more than nine years in a number of divisional finance director roles including CFO of BT Global Services, BT Design, BT Operate and BT Wholesale. His early career included finance and systems roles at Worldcom International, UUNET and MFS Limited.
The “sad truth” of banking is that many jobs will be automated in the future, Deutsche Bank's chief executive said yesterday. Despite this, a recent survey found that 98% of European workers are optimistic about the changes automation will bring to their workplace.
India's gross domestic product (GDP) growth failed to meet expectations in Q2 as it slumped to 5.7%. However, India's IT industry is thriving. It contributes roughly 10% to the country's GDP and makes up about 25% of exports.
From music festivals to motor racing, events and festivals are an integral part of the move to a cashless society, reports SIX Payment Services.
The US Federal Deposit Insurance Corporation is suing nine European banks for allegedly contributing to the collapse of 39 US banks that had a collective value of more than $440bn (€375.6bn).