CIMB Bank, the commercial banking arm of CIMB Group in Malaysia, has become the first Ringgit market-maker to go live on Thomson Reuters' RTFX Reuters Trading for Foreign Exchange platform. The Ringgit is currently non-tradable outside of Malaysia, the central bank remaining averse to freely allowing the currency to be...
Automating the testing process for a core system upgrade seems to be a logical step. Swiss private bank, Schroders, has done just this as the pilot site for Temenos' new upgrade tool. Replacing the core system is widely regarded as one of the most challenging projects for a bank's IT...
Barry Cardoza, vice president of business continuity, contingency and disaster planning at San Francisco-based Union Bank and a national voice in bank Business Continuity Planning BCP, is worried. Off late, federally regulated banks must comply with BCP guidelines issued in 2008 by the US Federal Financial Institutions Examination Council FFIEC....