News

Financial applications

• April 30, 2013 30 Apr'13

  Progress made on Lloyds Bank's Project Verde segregation

  Lloyds Banking Group has reported good progress in its project to enable the systems for the new standalone TSB bank which will be sold off when complete

• April 10, 2013 10 Apr'13

  UK financial regulator FCA probes RBS IT failure

  The Financial Conduct Authority (FCA) probes an IT failure at Royal Bank of Scotland that also affected NatWest and Ulster Bank customers

• March 14, 2013 14 Mar'13

  CIO Interview: Matthew Oakeley, global IT head of Schroders

  Matthew Oakeley talks to Karl Flinders about his role as global IT head at investment management company Schroders

• March 07, 2013 07 Mar'13

  Hardware fault causes more RBS service outages

  RBS and NatWest customers experienced disruptions to online and telephone banking services after hardware fault.

• February 12, 2013 12 Feb'13

  Barclays bank cuts UK jobs

  Barclays will cut jobs in the UK as part of a total reduction of 3,700 staff after reporting a substantial drop in profits for the last 12 months

• February 04, 2013 04 Feb'13

  Reed jobs site chooses SAP Business ByDesign

  Reed.co.uk recruitment agency has chosen cloud-based SAP Business ByDesign as part of an overhaul of its business applications strategy

• January 23, 2013 23 Jan'13

  European bank IT investment lags US and Asia-Pacific equivalents

  Banks in Asia-Pacific and North America will increase their IT spending significantly more than those in Europe

• January 22, 2013 22 Jan'13

  Defra plans £80m agile CAP system

  The Department for the Environment, Food and Rural Affairs (Defra) is planning a single integrated £80m Common Agricultural Policy system

• January 16, 2013 16 Jan'13

  Post Office wants to get to bottom of IT system allegations

  A system that set out to modernise the Post Office in 1996 is under the spotlight after claims that Horizon accounting system is error prone

• January 14, 2013 14 Jan'13

  Post Office announces amnesty for Horizon evidence

  The Post Office is calling for evidence from people who have used the Horizon IT system which some have blamed for accounting discrepancies

• January 07, 2013 07 Jan'13

  Barclays' Linux programme not a snub to suppliers

  Barclays says it is not snubbing any supplier by developing a private cloud infrastructure and using Linux to cut software development costs by 90%.

• January 02, 2013 02 Jan'13

  Post Office admits that Horizon system needs more investigation

  Campaigners have forced the Post Office to look again at a computer system blamed for sub-postmasters being wrongly accused of false accounting

• November 26, 2012 26 Nov'12

  Ineffective computer system missed £1.4bn UBS fraud

  The £1.4bn losses caused by a rogue trader at UBS could have been avoided, according to the Financial Services Authority (FSA)

• November 26, 2012 26 Nov'12

  Competing firms jockey for position in mobile payments gold rush

  While mobile payments is still in its infancy, the promise of the rewards is substantial and competition for market dominance is gathering pace

• November 08, 2012 08 Nov'12

  Capgemini reduces consultancy charges

  Capgemini has lowered pricing in its consulting and local professional services businesses, according to its latest quarter results.

• November 06, 2012 06 Nov'12

  Universal Credit programme director Malcolm Whitehouse steps down

  Malcolm Whitehouse, programme director for the government's £2.2bn Universal Credit project, has stepped down

• November 02, 2012 02 Nov'12

  RBS pays customers extra £50m for IT failure

  The IT failure that struck Royal Bank of Scotland (RBS) in June will cost more than expected as customers are paid an extra £50m compensation

• October 03, 2012 03 Oct'12

  Case study: How WorldPay built its IT from scratch after RBS split

  Former RBS payment processing division WorldPay will reach a major IT milestone this month on its journey to stand on its own since it was sold in 2010