News for Financial Services & Insurance

Friday, October 10, 2008
TCS’s Citigroup purchase is ‘the first of many’, says EquaTerra
The purchase of Citigroup Global Services by TCS is likely to be the first of many, according to Tony Rawlinson of EquaTerra.
more • (0)comments

Thursday, October 09, 2008
United Technologies renews US$41m outsourcing contract with ACS
ACS has extended its relationship with United Technologies (UTC), with a US$41 million outsourced finance and accounting contract.
more • (0)comments

Wednesday, October 08, 2008
TCS to snap up Citigroup Global Services in US$505m deal
Amid market turmoil, Tata Consultancy Services has swooped in to buy Citigroup’s BPO arm
more • (0)comments

Wednesday, September 24, 2008
Lockheed Martin wins possible US$122m contract with the SEC
The Securities and Exchange Commission (SEC), the US financial regulatory body, has awarded Lockheed Martin an Infrastructure Support Services contract.
more • (0)comments

Friday, August 08, 2008
Sapient acquires Derivatives Consulting Group LTD
Sapient announced that it has acquired London-based Derivatives Consulting Group Limited (DCG), a provider of derivatives consulting and outsourcing services to the financial market.
more • (0)comments

Thursday, August 07, 2008
Major prime brokers select SWIFT for ITO contract
Citi, Credit Suisse, Goldman Sachs, Lehman Brothers and Merrill Lynch have selected SWIFT to develop and operate a centralised pre-settlement matching solution.
more • (0)comments

Wednesday, August 06, 2008
Barclays to end BPO contract with Siemens
Back office jobs may be under threat as Barclays is not renewing its BPO contract with Siemens.
more • (0)comments

Monday, August 04, 2008
Barclays UK Retail outsources its recruitment
The UK retail arm of Barclays Bank is to outsource its recruitment for permanent staff up to senior management level.
more • (0)comments

Tuesday, July 29, 2008
Sparkassen Informatik and FinanzIT commission T-Systems for new voice and data network
Sparkassen Informatik’s subsidiary IZB and FinanzIT, both IT service providers for the German group of savings banks, have expanded their contract with T-Systems for telecommunications services.
more • (0)comments

Sunday, July 20, 2008
India’s HCL to acquire Liberata Financial Services
Indian IT systems house HCL Technologies is to acquire the fixed assets of UK life and pensions outsourcer Liberata Financial Services for $2 million.
more • (0)comments

 <  1 2 3 4 >  Last »