Cloud


RBS puts on Red Hat for new innovation centre

Royal Bank of Scotland (RBS) is powering its new Open Experience centre with Red Hat technologies, including the Red Hat Mobile Application Platform and OpenShift Enterprise, Red Hat’s web-scale container application platform. Open Experience was launched by RBS in February at its HQ in Edinburgh (UK) to pursue “innovative new technologies for the bank and […]

Cloud nine for UK start-up AccessPay with £1m Barclays backing

Barclays is providing £1 million in funding to UK-based AccessPay to support its growth and further develop their relationship. Access Systems (trading as AccessPay) provides a cloud-based connectivity layer between a business’s finance systems, their banks and “all of the major” UK and international payment networks such as BACS, Swift, SEPA, Faster Payments and Direct […]

Calypso teams with Sernova for cloud-based clearing

Calypso Technology, a provider of treasury and capital markets (TCM) software, and Sernova Financial, a turnkey post-trade services provider, have partnered to deliver cloud-based clearing services. Sernova Financial will use the Calypso platform, which “recreates the shared infrastructure and service elements of a traditional clearing broker”. Charles Marston, executive chairman of Calypso, says: “As capital […]

IBM launches “first secure” blockchain services on cloud

IBM has launched a new framework for “securely” operating blockchain networks, as well as new services on the IBM Cloud that are designed to meet existing regulatory and security requirements. Working with teams of security experts, cryptographers, hardware experts and researchers, IBM says it has created new cloud services for “tamper-resistant, trusted” blockchain networks. Jerry […]

LzLabs partners with Cobol-IT for world’s “first” software-defined mainframe

Swiss software start-up LzLabs is collaborating with Cobol-IT to deliver the world’s “first” software-defined mainframe, designed to move legacy mainframe applications and data to open Linux server and cloud platforms. Cobol-IT will act as an integrated software provider for the solution as it is implemented for LzLabs’ customers across the world. Announced at CeBIT 2016, […]

Misys unveils Misys FinCloud

Misys today is launching Misys FinCloud, a range of cloud solutions and “global cloud environment” for its clients. It is supported by “selected global and local infrastructure providers, systems integrators and solution partners”, including Rackspace and NTT Communications, Misys says. With Misys FinCloud “clients gain faster access to innovation through shorter and more predictable on-boarding […]

Swift to launch new cloud-based learning platform, SwiftSmart

The new e-learning platform will administrate, document, track, report and deliver a broad catalogue of digital courses and social learning. It is an interactive, cloud-based service. To start with, SwiftSmart will support a subset of Swift’s existing training portfolio, which consists of 100+ courses. The full portfolio will be available by 2017. The initiative is […]

Bigbank overhauls credit processing with Provenir

Estonia-based Bigbank is modernising its credit decisioning and loan origination processes with Provenir. Provenir’s cloud-based solution will reduce time to market, improve efficiency and customer centricity at the bank, says the vendor. Agur Jõgi, chief technology officer at Bigbank, comments that investment in technology will help the bank to achieve the goals of “delighting customers” […]

Blackrock testing Symphony’s new financial messaging app

Asset management firm Blackrock is trialling Symphony’s new financial messaging app. The app is being tested by part of Blackrock’s workforce and it is “looking to roll it out more widely in the coming months”. Blackrock is a major name to come onboard and the firm has 13,000 employees. However, Symphony has had success before […]

R3 ends “first of its kind” blockchain trial with 40 banks

New York-based R3 CEV has finished its trial of five distinct blockchain technologies in parallel in the “first test of its kind”. The trial represented the trading of fixed income assets between 40 of the world’s “largest” banks across the blockchains, using cloud technology providers within R3’s Global Collaborative Lab. The banks, including Barclays, Deutsche […]

I2c and TIS team up for payments in Asia

Payment firms i2c and TIS have formed a strategic partnership to standardise prepaid payment solutions on the i2c processing platform. Under terms of the multi-year partnership, Japan-based TIS will adopt i2c’s cloud-based platform as its standard for prepaid card processing and expand its use to support credit and debit card payment processing in “key Asian […]

Genesis Investment Management extends partnership with Simcorp

UK-based Genesis Investment Management, a long-standing customer of Simcorp, has implemented the vendor’s client communication and reporting solution, Coric. The system has been deployed on an outsourced basis, hosted on the Microsoft Azure cloud. According to Simcorp, the project was completed in four months. As the result, the client reporting efficiency has improved by more than […]

Are cloud-based managed services set to take off in 2016?

Over the last few years, technology infrastructures have become increasingly complex and expensive to manage. At the same time, IT budgets have been cut, leading to companies finding it hard to provide and maintain IT infrastructures. Dana Brants, head of services at Swift, looks at what companies can do under the circumstances. Due to costs, […]

Visa Europe expands tokenisation service for cloud-based payments

Visa Europe is expanding its Visa Europe Payment Tokenisation Service (VEPTS) for cloud-based payments. VEPTS will be available for payment credentials such as banks’ own mobile payment apps, a variety of wearable and other connected devices, internet browser-based wallets, and retailer-specific checkout offerings such as Visa Checkout. Sandra Alzetta, executive director product enablement for Visa […]

Markit adopts AWS cloud services

Financial information services firm Markit has begun using Amazon Web Services, in a deal the firm says will optimise the performance and scaling capabilities of Markit products and services including enterprise data management, thinkFolio, WSO, indices and processing.

No cloud please, we’re bankers

Despite predictions over the last few years that banks were just a heartbeat away from adopting cloud technology, only 1% of banks are actually running core processing in the cloud today, according to a new report by Temenos.

BT adds Volante messaging tools to Radianz cloud

Financial network BT Radianz has added Volante Technologies’ tools to the BT Radianz Cloud, in a move the two firms say will improve the reliability of clearing, settlement and payment transaction processing while cutting costs.

Citihub and Excel IT ally for cloud data centre services

Citihub Consulting, a global IT advisory firm, has partnered with IT services specialist Excel IT to offer a combined proposition covering infrastructure strategy and architecture through to migration logistics and ongoing support.

Barclays launches cloud contingency payments with AccessPay

Barclays has launched a cloud-based contingency payment service for corporates, which the bank says will help corporates to make payments even if they are unable to use their primary channel, for example during an internet outage. The deal comes as financial institutions and corporates increase their focus on risk mitigation.