News for Financial Services & Insurance

Wednesday, December 03, 2008
Private equity buys majority stake in ITO arm of India’s CMS
Blackstone, a large US private equity firm, has acquired a majority stake in the IT outsourcing arm of India's CMS Computers.
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Monday, December 01, 2008
Zuger Kantonalbank renews IT services contract with CSC for $33m
Swiss bank, Zuger Kantonalbank, has extended its IT services contract with CSC for another seven years.
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Thursday, November 27, 2008
Akbank takes on Patni for CRM solution
Patni Computer Systems has won a contract with Akbank, Turkey’s leading bank, to implement a new CRM system.
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Financial services outsourcing slowdown will regain momentum in early 2009
Outsourcing financial services could regain momentum in early 2009, according to a report from the Everest Research Institute.
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Wednesday, October 29, 2008
National Outsourcing Association best practice awards winners announced
The results of the 5th annual National Outsourcing Association (NOA) Awards (NOAAs) were announced this week at a special ceremony in central London.
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Monday, October 27, 2008
Steria wins Whitbread F&A contract
Whitbread, the UK's largest hotel and restaurant company, has signed a five year contract with Steria, the European IT enabled business services company.
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Friday, October 24, 2008
TCS posts strong results despite downturn
TCS has reported strong consolidated financial results for the quarter ended September 30, posting a 17.69 % increase in year on year revenues to $3.1 billion in H1.
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Tuesday, October 21, 2008
ACCA outsources IT to Atos Origin
The Association of Chartered Certified Accountants has awarded Atos Origin an £8m ITO contract.
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Wednesday, October 15, 2008
Paris Chamber of Commerce chooses Atos for CRM project
The Paris Chamber of Commerce and Industry has chosen Atos Origin and Selligent to redesign its CRM system.
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Tuesday, October 14, 2008
Co-Operators General Insurance renews for seven years with CGI
Co-operators General Insurance Company has extended its data centre outsourcing contract with CGI until 2015.
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