Ex-Misys director's start-up launches first offerings

This is not yet another online banking platform, emphasises Berthier, but is focused on offerings to enrich existing services, allowing consumers to better monitor and manage their finances and opening up additional revenue streams for banks.


ProFundCom heads to Asia-Pacific

London-headquartered ProFundCom is expanding eastwards to support the growth of the asset management and hedge fund industry in Asia-Pacific.


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Praemium launches FoFA-ready CRM tool

WealthCraft is also integrated with Praemium's V-Wrap portfolio administration technology, which means advisers will have searchable up-to-date client data easily at hand.


System failure cost UBS

The newspaper reported that the losses are believed to be between $3 million and $5 million, and are likely to stoke further debate about risk management protections.


Bank of Korea goes live on Calypso

In light of the rapidly changing global environment, the Bank of Korea was looking to manage its foreign reserve investment strategies more efficiently to improve operational stability and increase return on investment.


Avaloq to open BPO centre in Singapore

Avaloq will continue its proven path from Europe and aims at establishing a local BPO centre for the Asian financial market in a joint venture with a local financial institution.


ING opens BPO facility in Manila

ING is the latest international financial giant to open an in-house “shared-services” facility in Manila, after UK-based HSBC and American bank JP Morgan Chase.


Banks shift gears on technology spend

After years of technology investment focused on developing infrastructure, banks and fund managers are pinning their hopes on better customer-centric IT solutions to gain market share.


BI-SAM expands Asia Pacific operations

BI-SAM’s award winning B-One platform establishes a recognised source of master data for producing time series performance returns and reports