General News

   

Nationwide improves management

The UK’s largest building society, Nationwide, is updating its systems for document management and running its Automated Teller Machines by respectively deploying a scanning and online hosting service from EDM Group and the NCR Aptra Advance NDC software

 

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Zurich’s $400m outsourcing deal

Zurich Financial Services Group is outsourcing support for its desktop services to CSC in a six-year
$400 million deal, with an option for a further two years

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Data encryption deployed by Barclays bank

Barclays bank is licensing encryption technology from PGP Corporation to safeguard personal data
across its worldwide retail and commercial banking operations

 

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Speed is key currency for trading venues

Chi-X Europe, the first live pan-European equity Multilateral Trading Facility, is to use Equinix to provide secure co-location and low latency connectivity to its clients. In a similar move, Bats Trading, launched two years ago and now with a claimed eight per cent US market share, is coming to Europe and will use Savvis to host its electronic equities platform.

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