News

February 28th, 2013 Interxion 2012 revenue up 13%

European data center provider Interxion reported revenue increases of 13% for both the fourth quarter of 2012 and for the full year. Full year revenue for 2012 was €277.1m up 13% from 2011. Revenue for the fourth quarter was also …

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February 27th, 2013 PayPoint reaches contactless payments milestone

PayPoint was one of the first UK cash payments networks in the UK to introduce contactless card payments and has reached a milestone, passing 4,000 contactless POS terminals, which accounts for half of all contactless terminals in the retail sector. Commenting …

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February 19th, 2013 Elavon Wins Mobile Payments Award 2013

Elavon MobileMerchant was picked by a panel of independent European payment experts as the winner of the Mobile Payment Award 2013 at the Merchant Payments Ecosystem event  held in Berlin. MobileMerchant enables businesses on the go to accept credit and …

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February 14th, 2013 Broadridge Appointed European Business Partner by SWIFT

MarketWatch.com Press Release. After recently upgrading its partner framework to better address the needs of its user community, SWIFT has appointed Broadridge Financial Solutions as a Business Partner for Germany, Switzerland, Austria, the Czech Republic, Slovakia and Liechtenstein. Broadridge will now …

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February 14th, 2013 Himanshu Raja Joins Misys as its New CFO

PR Newswire reports that Misys have appointed Himanshu Raja as its new Chief Financial Officer. Himanshu was the CFO at Logica plc and played a key role in the sale process which led to the company being acquired by CGI for …

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January 10th, 2013 Temenos named as a leader in the global banking platforms market.

Forrester Research Inc has ranked Temenos as a ‘leader’ in the global banking platform space in its December 2012 report according to this news article on 4-traders.com. Temenos had several solutions that qualified for the Forrester report, including the award winning …

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January 4th, 2013 2013 not likely to be big for mobile wallet in UK says ICM research

According to this article posted on PaymentEye, ICM research suggests 2013 is unlikely to be the year of the mobile wallet in the UK. Despite 60% smartphone penetration in the UK and rising, ICM says the UK market isn’t ready …

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December 10th, 2012 7 Predictions for Cloud Computing in 2013.

Interesting article by Joe McKendrick posted on Forbes.com. He takes a look at some of the analysts’ predictions for Cloud Computing in 2013. (Read the article) Cloud Computing has been a buzzword within the business technology scene for a while …

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December 3rd, 2012 Tata Consultancy Services wins Home Office contract

Tata Consultancy Services (TCS) continues to grow it’s presence in the UK public sector with the announcement today that it has won a multi-million, multi-year contract from the Home Office to provide management, technology and support services for the newly …

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November 29th, 2012 CGI posts loss on Logica acquisition costs

CGI Group Inc, the Canadian IT services company who acquired it’s larger rival Logica Plc earlier in the year reported a fourth-quarter loss due to the costs associated with the acquisition. The $2.64 billion acquisition was completed in August and …

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November 23rd, 2012 VadarMoss in the News: Cloud computing: Supporting a new breed of recruitment agency

VadarMoss were mentioned in this article by Billy MacInnes posted on CloudPro. Gary Williams, Operations Director at VadarMoss expressed his views and reasons why they decided to move their infrastructure to the cloud. (Read the full article)

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November 16th, 2012 Outsourcing group Serco forecast strong growth in the second half

Outsourcing group Serco is looking to a stronger performance in the second half of the year after reporting a first half fall in revenues of 2%. Delays in federal work in the U.S. were partly to blame. Serco doesn’t appear …

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November 12th, 2012 Interxion Reports Third Quarter 2012 Results

Interxion reported solid results today for the 3 months ended 30th Sept 2012 showing an increase in revenue, up 14% to €70.4 million compared to €62.0 million for the same period last year. David Ruberg, Interxion CEO said “Their market …

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November 7th, 2012 UK Recruitment Industry grows to £25.7bn

I was delighted to read today on the Recruiter website that according to the Recruitment & Employment Confederation’s (REC) Recruitment Industry Trends Survey 2011/12 the UK recruitment industry grew to £25.7bn in the year ending April 2012, an increase of …

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November 5th, 2012 Regulatory Requirements Create Opportunity for Temenos

Temenos a leading provider of banking software, has been working with one of the biggest banks in the industry to develop a solution able to meet the requirements for the new Foreign Account Tax Compliance Act (FATCA) which becomes effective on 1st …

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October 31st, 2012 Misys Payments Manager goes live in Qatar

Qatar International Service Bank (QIIB) has gone live with Misys Payment Manager, a payment solution service from Misys, one of the recognised experts in helping banks integrate existing systems with new payment networks. Qatar’s Automated Clearing House (ACH) network aims …

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October 28th, 2012 Firstsource bought by Indian power utility CESC

According to a FIRSTPOST article, investors are questioning CESC’s decision to buy a stake in Firstsource Solutions in what brokerages have termed as an unrelated diversification. What looks to have spooked investors is CESC’s poor track record when it comes to diversification. In April …

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October 20th, 2012 Will Mobile Banking Overcome Online Banking By 2015?

According to the ABA Banking Journal, mobile phones have become necessary to both business and private sectors. The number of customers using mobile banking has reached 300 million worldwide. (read the article posted on visiblebanking.com) With an estimated 85-90% of …

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October 20th, 2012 TCS and HCL Technologies Report Sharp Jump in Profits

Tata Consultancy Services (TCS) and HCL Technologies Ltd (HCL) both reported a sharp jump in quarterly profits boosted by overseas customers buying more outsourcing services to cut costs. (read the full article on Firstpost.com) TCS India’s largest software services exporter, …

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October 19th, 2012 Elavon and Banco Santander Form JV in Spain

Elavon and Banco Santander announced today they had formed a joint venture (JV), creating a new entity, 51% owned by Elavon and 49% by Santander. (Read the press release on BusinessWire) The JV will have responsibility for Santander’s merchant customers …

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April 2nd, 2012 Mid-sized outsourcing and technology companies doing well.

Technology and outsourcing help Britain’s mid-sized companies increase sales according to an article on CITY A.M. It reports that the fastest growing mid-sized companies have weathered the tough economic climate over the last four years and increased sales by an average …

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February 27th, 2012 Logica profits hit by restructuring

Underlying business and orders holding up.

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February 22nd, 2012 Elavon to unveil Global E-Commerce Gateway Solution in Europe

According to an article on Banking Business Review Elavon and DataCash will launch their Global E-Commerce Gateway solution in Europe. It’s been designed to address businesses risk and security concerns when accepting online payments.

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February 20th, 2012 Misys Gets Rival £1.2bn Takeover Offer From Vista

The planned strategic merger of banking software companies Misys and Temenos might be in doubt. According to Businessweek Misys has received a non-binding proposal from Vista Equity Partners to acquire all outstanding shares. Temenos declined to comment; Vista has until 19th March to …

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February 17th, 2012 Search firm liberated by private cloud

EXECUTIVE SEARCH firm VadarMoss Recruitment has migrated all of its IT systems to a private cloud, hosted by Databarracks. Read the full article at Recruiter.co.uk

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