News for Financial Services & Insurance

Wednesday, March 05, 2008
Infosys claims Banks to shift more IT offshore
US and European financial institutions will look to shift more technology operations offshore as budgets are squeezed following last year's credit crisis, according to the head of India's Infosys Technologies.
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Thursday, February 14, 2008
Turquoise Selects AppLabs as Testing Partner
Turquoise, the multi-lateral trading facility established by nine leading European investment banks today announced that it is partnering with AppLabs, the world’s largest independent testing, quality management and certification solutions company, to deliver the testing programme which will verify and ensure that the trading platform is fit for purpose.
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Monday, February 11, 2008
Bluerock recruits NOA trio
Outsourcing industry stalwarts and NOA past and present directors Nigel Roxburgh, Rory Graham, and Rob Aylott today announced their appointment at Bluerock Consulting
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Tuesday, February 05, 2008
Citigroup shelves sale of BPO unit
US banking giant Citigroup has temporarily halted the sale of its business process outsourcing (BPO) unit in India, according to local press reports.
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Wednesday, January 30, 2008
Diligenta secures £100m Sun Life BPO deal
Diligenta, a subsidiary of Tata Consultancy Services, has won a contract to deliver Business Process Outsourcing services to support Sun Life Financial of Canada UK's operations.
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Tuesday, January 22, 2008
CGI Signs Midwest Family Mutual Insurance Company as InsideOut Beta Site
CGI Group, Inc. a leading provider of information technology and business process services, today announced that Midwest Family Mutual Insurance Company has signed a Statement of Work to become the beta site for the next generation of CGI’s INSideOUT software suite.
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Friday, January 18, 2008
Xchanging acquires France’s Mercuris
Xchanging plc announces international expansion of Procurement Outsourcing Services with acquisition of Mercuris SA in France
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Thursday, January 17, 2008
Less experienced customers go for mega-deals, says lawyer
The mega-deal is not dead, but outside of the insurance sector it can be a sign of inexperience, says advisor
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Friday, January 11, 2008
Atos Origin seals BNP Paribas outsourcing deal
BNP Paribas, the French bank has signed a five-year, £50m contract with Atos Origin for IT services in the UK and France.
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Gartner predicts outsourcing growth
Gartner Says Worldwide Outsourcing Market to Grow 8.1 Percent in 2008
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