News for BFSI
Wednesday, November 23, 2011
High Street Banks Go To Cyber War With FSA
The FSA is launching cyber attacks today, in a bid to test out the hardiness of 87 firms’ business continuity plans, prior to the Olympics.
The firms – including high-street banks Barclays, LloydsTSB and HSBS – have volunteered for the scheme. The attacks will replicate widespread technical disruptions, such as cutting off internet access and phone lines, and failures among cash machine networks.
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Wednesday, July 20, 2011
Barclays standardises on Infoblox
Barclays Capital, the investment banking division of Barclays Bank, is rolling out a new IP address management (IPAM) platform globally.
Barclays has chosen to standardise on an IPAM platform produced by Infoblox, which simplifies IP address management and helps automate network infrastructure-related tasks.
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Friday, July 01, 2011
HSBC announces 700 job cuts
HSBC has announced it is to cut 700 UK jobs.100 of the roles are being cut are in IT operations and back office functions such as HR, finance and compliance.
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Wednesday, June 29, 2011
CSC Launch Bizcloud in UK
CSC’s on-premise cloud solution – BizCloud - is being launched in the UK, Germany, Italy and Spain. It will be rolled out to Nordic countries in September or October.
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Friday, June 24, 2011
Swiss Bank UBS To Cut 500 Jobs
Swiss banking giant UBS is to cut 500 jobs from its worldwide operation.
As part of a cost cutting drive, around 180 jobs will be lost in Switzerland, 90 in the USA and the remainder from the UK and Asia-Pacific. The total represents marginally less than 6% of UBS' 8,700-strong total IT workforce.
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Wednesday, September 01, 2010
CBI awards 5 year contract to Wipro
Central Bank of India (CBI), one of the largest public sector banks in India has awarded IT solutions supplier Wipro a five-year total outsourcing agreement to provide state-of-the-art, technology-driven, core banking solution for seven sponsored Regional Rural banks (RRBs).
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Thursday, August 26, 2010
Patni lands Serco Learning contract; wins 7-figure deal with RSA Group
Global IT and BPO services provider has been awarded a seven-year contract with Serco Learning for the development and delivery of ‘Progresso’; Serco’s new information management platform for schools.
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UCO Bank and Wipro sign seven year outsourcing contract
Public Sector Bank UCO Bank has awarded IT and business transformation service provider Wipro Infotech signed a 7 year total outsourcing contract with five Regional Rural Banks (RRBs).
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Wednesday, August 25, 2010
Lloyds extends its managed factsheet service contract with Factbook
The Lloyds Banking Group (LBG) has awarded Factbook, a specialist provider of fund reporting, marketing and data management solutions to the investment community a extension of their managed factsheet service.
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FSA fines Zurich £2.27m for data loss
The Financial Services Authority (FSA) has fined the UK branch of Zurich Insurance £2.27m for failing to have adequate systems and controls in place to prevent the loss of customers’ confidential information.
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