Technology

SunGard launches Apex solution for securities finance

SunGard has added a new offering to its suite of analytics, software and processing solutions for securities finance. SunGard’s Apex is a consolidated front-to-back office solution that supports equity and fixed income securities lending and repo trading. It has been designed to help increase productivity and automation, help drive down costs and help improve operational efficiency by providing a full front-to-back office solution for global securities finance trading and operations.

SunGard launches Apex solution for securities finance

SunGard has added a new offering to its suite of analytics, software and processing solutions for securities finance. SunGard’s Apex is a consolidated front-to-back office solution that supports equity and fixed income securities lending and repo trading. It has been designed to help increase productivity and automation, help drive down costs and help improve operational efficiency by providing a full front-to-back office solution for global securities finance trading and operations.

NAB selects Salmat's voice biometric solution

Telstra has deployed a Salmat VeCommerce voice biometric solution, VeSecure, at the National Australia Bank—a first for the Australian banking industry.

Danamon's online banking utilizes mobile phones

PT Bank Danamon Indonesia’s new Internet banking service enables customers to use mobile phones to receive verification via SMS tokens. Called the Danamon Online Banking, it is aimed at increasing customer convenience and secure banking transaction.

ICBC launches 3G mobile banking

ICBC launched its Mobile Banking 3G Trial Version, seen as the Chinese banking industry's entry into the 3G era.

BEA takes action against another fraudulent website

BEA reported the existence of the fraudulent website to the Hong Kong Police and the Hong Kong Monetary Authority.

ICBC strengthens anti-phishing capability

ICBC launched a new "anti-phishing" control to enhance customers' anti-fraud capacity and guarantee information security of Internet Banking. This new security control is able to directly detect whether the websites customers visit are safe, hence enabling customers, even those who are in lack of knowledge about Internet security, to judge the authenticity of the visited website in an easy and convenient way. Therefore, it is an effective tool for customers to recognise and prevent phishing sites.

Standard Chartered's mobile banking does away with Internet

Standard Chartered Bank electronic banking platform now enables corporate executives to access electronic banking facilities even without Internet connection. It delivers greater speed, convenience and security to clients as this is a fully mobile application as apposed to other applications which are only accessible via a mobile browser.

HSBC taps SAS' fraud solution

HSBC has chosen SAS fraud detection system as its principal solution for fraud management across its global network. Called the SAS Fraud Management, it is part of the SAS Fraud Network.

BSN taps FinArch for FRS139 compliance

Bank Simpanan Nasional, Malaysia's national savings bank, has selected FinArch's Financial Studio solution for its FRS 139 compliance.

40th organisation goes live with BASE24-eps

ACI Worldwide has announced the 40th customer to go live on BASE24-eps, the company’s market-leading software for online payments processing.

Juroku Bank consolidates customer databases

Juroku Bank became the first Japanese bank to consolidate the databases of its marketing and management customers with that of its call centre. The new customer management system was implemented using technology from the Teradata Corporation— the world’s largest company solely focused on data warehousing and enterprise analytics.

Malaysian banks enhance risk management systems

Affin Bank, Alliance Bank Malaysia and OCBC Bank have beefed up its risk management systems.

Teradata to build data warehouse of Huishang Bank

Huishang Bank, China’s first joint-stock commercial bank originating from the restructuring of city commercial banks and urban credit cooperatives, has selected Teradata Corporation to build its enterprise data warehouse (EDW). The EDW will address regulatory requirements in operations, risk management, and capital management.

Metrobank implements importers’ automated system

Metrobank implemented its electronic-to-mobile payment system for processing of duties and taxes of its client importers. It involves the use of both cash and non-cash payments for either advanced or final settlement of duties and taxes. Non-cash payments include tax credit certificates, tax exemption certificates and advanced payments covered by letters of credit.

Aussie ATM's not coping with gas attacks

Bandits are increasingly blowing up ATM's down under and manufacturers are yet to come up with effective solutions.

Report on credit risk IT solutions vendors released

Financial Insights, an IDC company, has released the report "Credit Risk Solution Vendors: Who's Who in Asia" to guide institutions in reconfiguring their credit risk initiatives.

3i Infotech makes hay while the sun shines

3i Infotech Asia Pacific CEO, Debneel Mukherjee explains why it's time to be brave and tells us what it takes to improve core competencies.