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September 30, 2008 13:49: Strong traffic from all over the world, and inquiries spread over the entire month, have helped Infosys move past Temenos and Oracle i-Flex to become the top vendor by a clear margin in the core banking vendor iRankings in September 2008.

September 29, 2008 20:58: Infosys Finacle is going to be the top core banking vendor in the iRanking this month (Sep 08) based on statistics analyzed todate (first time at number 1 for Infosys since we started tracking in 2004) | and OSI is up to their highest ever rank at number 15 ( we have tracked Open Solutions only since 2007).

September 27, 2008 08:20: The good people at CorrTec picked up inquires this week that came in on search terms like "country exposure management software" that led to our CorrRisk alliance partner product summary.

September 25, 2008 16:49: FinLogix - with their B-Logix modular banking, C-Logix core banking and D-Logix direct banking applications - will soon join the core banking system vendors listings in place of Dynasty Financial Solutions (DFS) | In another sign of the times, we noticed a Lehman Brothers inquiry today about Nomura systems (Misys Summit?).

September 19, 2008 10:57: Overnight there were more than the usual number of searches for the "RTC solution" and visitors looking at the RTC (Real Time Center) page. Turns out the traffic and inquiries were from US institutions and institutional investment groups (including WaMu and CCI) looking for news on the RTC (Resolution Trust Corporation) acting on the credit crunch (whoops).

September 18, 2008 17:25: Temenos is completing the takeover of Financial Objects currently. In another takeover arena, and a sign of the times, noticed inquiries from banks in the HBOS group that are suddenly interested in what core banking systems Lloyds TSB use (we have listed as Flexcube in UK and US).

September 12, 2008 11:25: 'Finacle' is the single most popular keyword search term for visitors recorded on the core banking section in the past week - moving Infosys closer to the top of the rankings. NTBS was also noticed in search terms together with Fiserv (comparison or association?).

September 5, 2008 19:00: Check out the new Private Banking System Product Quickview Guide created to highlight the software products that fit the category of private banking systems from within our larger listing resources (created in repsonse to requests... like we did previously with the Islamic Banking System Product Guide).

August 31, 2008 23:59: CSC is the big mover at the top end of the core banking vendor iRanking this month (Aug 08) based on renewed interest in Hogan - up to their highest ever rank 12 (in the time we have been tracking since 2004) from position 17 last month.

August 28, 2008 11:00: Out of 20 new identified banking and finance institution visitors this week, noticed two different Ukraine banks made inquiries initiated by multiple core banking search term lookups for "core banking systems", "core banking system vendors", "banking core systems" , and "ranking banking core systems".

August 28, 2008 09:58: Datapro and their browser-based e-IBS core banking system is being noticed and looked up by the big consultancies in the US, and banks across a number of Latin American countries have shown interest since they were first listed less than 2 months ago.

August 21, 2008 18:40: It has been reported that the Islamic Development Bank (IDB) in Saudi Arabia has commenced a project to replace its legacy banking systems with a comprehensive SAP core banking solution that is Syariah-compliant for Islamic banking requirements. An SAP Transaction Banking solution will manage the funds, loans and projects distributed by the bank, and an integrated SAP Business Suite will manage back office operations.

August 21, 2008 16:30: As previously announced (ref. Aug 6, 2008), the National Australia Bank has chosen Oracle as its partner for the first phase of the Next Generation Platform (NGP) project. NAB explain NGP is a 5-year initiative to overhaul the core banking systems and the early phases will deliver the platform for the Star Direct business service model to enable branchless banking opportunities. Most of the software requirements are expected to be supported by the Oracle suite and i-flex Flexcube will serve as the foundation of Star Direct. NAB say they are to still to determine who they will partner with for the full, multi-year core banking system replacement programme.

August 18, 2008 16:01: Metavante, who hooked up with Temenos in 2007 around the less successful TCB product, now will jointly market the TEMENOS T24 core banking software package to foreign banking & finance institutions in the United States.

August 15, 2008 20:06: Inquiries for "core banking systems" are the most common, and first-time visitors are recorded daily. Today the first time visitor inquiry that stood out came from the HK-based investment banking subsidiary of a prominent Chinese banking group.

August 15, 2008 9:42: The week has seen higher than usual core banking system inquiries and activity all round from Central and South American countries.

August 9, 2008 7:05: The latest 'vendor of interest' listing added to the core banking resource pages introducing the Center of Financial Technologies | CFT solutions from Russia.

August 6, 2008 8:48: In a much-awaited decision, NAB (National Australia Bank) has announced Oracle (read i-Flex Flexcube) has been selected to replace legacy core banking systems over the next five years. A major competitive win. Note: the top 4 Australian banks are all planning large-scale core banking projects over the coming years.

August 3, 2008 9:00: Recent activity could indicate that the big four core banking products in Asia Pacific can be seen from the various combinations of Finacle vs BaNCS vs T24 vs flexcube.

August 1, 2008 10:00: The July 2008 numbers are compiled and the latest iRankings posted. Up significantly in the rankings, based on stronger than usual inquiry activity, was Financial Objects. No doubt, this was driven by the Temenos acquisition plans. Infosys is up higher than rank 4 for the first time in about a year (at #3).

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