SCO-DataVision Brings Centralized CBS
by Sohini Bagchi    Jun 30, 2006
Category : News & Analysis
Technology : Hardware & Software
As banks move from branch automation to centralized core banking, IT vendors are gearing up to bring core banking solutions (CBS) to meet their needs. Recently, a leading provider of UNIX software technology, SCO Group, has tied up with...
HP Migrates 550 BoI Branches to CBS
by Rajendra Chaudhary    Mar 23, 2006
Category : Banking
HP has announced that it has successfully migrated 550 Bank of India branches to the core banking system in fifteen months, making it the fastest CBS migration in the country. The CBS implementation initiative forms a part of the 10 year...
Tags: CBS, HP
Allahabad Bank To Deploy CBS Across 400 Branches
by Julia Fernandes    Oct 07, 2004
Category : Banking
Allahabad Bank -- one of the oldest public sector banks in India -- will shortly be deploying a core banking solution across 400 branches. The bank revealed its ambitious technology project during the launch of its international debit cum...
Tags: CBS
ICICI Bank Implements CBS Booster
by Amit Tripathi    Sep 30, 2004
Category : Banking
The hunger for using technology to steal a march over competitors by a fractional percentage of customer base has lead ICICI Bank to purchase a Transaction Business Management System-Finance (TBMS-F) solution that would make the existing Core...
Tags: CBS
Indian Overseas Bank To Design Own CBS
by Julia Fernandes    Sep 09, 2004
Category : Banking
While most enterprises deploy off the shelf software packages, several entities prefer to tread on the less beaten path by developing their own applications, either because commercial solutions are not robust or customizable enough to meet...
Tags: CBS, banking
SBI Selects Finacle To Power Global Operations
by CXOtoday Staff    Aug 20, 2004
Category : News & Analysis
India's largest bank, State Bank of India (SBI), has chosen to deploy Infosys's Finacle core banking, e-banking and treasury solutions across its global operations in 20 countries. In an announcement made today, SBI confirmed that Finacle...
Lakshmi Vilas Bank Implements Newton
by CXOtoday Staff    Jul 22, 2004
Category : News & Analysis
Newton, a core banking solution from ICICI Infotech, has gone live at Lakshmi Vilas Bank, a private sector bank. The solution, which is powered by Intel's Itanium 2 based severs, is expected to strengthen the bank's retail banking...
Tags: CBS
i-flex Says YES To Outsourced Core Banking Model
by Hinesh Jethwani    Jul 14, 2004
Category : News & Analysis
With the banking and financial services sector being one of the largest contributors to the Indian outsourcing industry, there's no reason to believe that core banking solutions cannot be included in a bank's offshore portfolio. Although the...
Tags: Flexcube
CBS Failure Gives Banks Sleepless Nights
by Amit Tripathi    May 27, 2004
Category : News & Analysis
Banks beware: If you thought that you have arrived in the banking services sphere flaunting the roll out of your million dollar core banking solution (CBS), here's a warning that you might have overlooked in the din of excitement: Your CBS...
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