Information Technology for finance Industry - Sectors - emeafinance - Europe • Middle East • Africa - Three regions

November 13, 2009

SWIFT and Path Solutions form partnership

IT firms create messaging system standard for Islamic banking products.

November 10, 2009

SAP appoints new managing director in Saudi

Abdul-Raheem Bawazeer takes over management role in software company.

September 30, 2009

Telecom Egypt names Helmy new finance boss

Move follows former CFO's step up to CEO.

September 29, 2009

Out with the old

An initiative to upgrade and integrate West Africa’s intra-bank payment systems is gathering pace, with the Central Bank of Nigeria inviting tenders for a new real time gross settlement (RTGS) system to replace its existing set-up.

September 18, 2009

Sibos: New mandates for SocGen Securities Services

Five wins from EDF, STMicroelectronics and others.

September 18, 2009

Sibos: Citi launches CitiDirect BE

Next generation collaborative online banking platform leverages new technologies.

September 17, 2009

Sibos: S1 implements new banking solution

Firm combines trade finance and corporate banking solutions

September 17, 2009

Sibos: New cash management solutions by DB

Deutsche Bank’s cash management financial institutions division is introducing a series of new product- and market-innovation initiatives in the wake of the annual Sibos event.

September 17, 2009

Sibos: New Oracle products for FIs

New releases address institutions’ needs for greater efficiency, lower costs

September 17, 2009

Sibos: Risk drives banks' IT investment

IT is considered a strategic investment for more than 50% of banks, as interest in outsourcing doubles to almost 60%.

September 01, 2009

Newedge upgrades connection with Dubai

Brokerage firm Newedge is offering investors improved connectivity with the Dubai Gold and Commodities Exchange.

August 18, 2009

Sudan's UCB gets new core banking system

United Capital Bank (UCB), an Islamic bank situated in Sudan, has signed an agreement with Path Solutions software house to revamp the bank’s core banking system.

July 13, 2009

SIIB to launch Islamic banking products

Syria International Islamic Bank has launched new Islamic banking products with a system by Path Solutions, aimed at the various customer segments. With this launch, SIIB will become the first bank in Syria to offer a range of shariah-compliant banking services.

July 13, 2009

Turkish banks go live with Logica’s messaging service

Logica, a leading IT and business services company, announced that 48 banks represented by The Banks’ Association of Turkey (TBB) have upgraded their financial messaging infrastructure using Logica’s high-end messaging system.

June 24, 2009

Banks to increase spending on cash management IT

Banks seeking to improve the end user online cash management (CM) experience for corporate clients will spearhead 7.1% growth in IT spending on CM solutions in 2009-10, with total IT spending reaching US$904mn in December this year, according to the consultant Celent.