financial services

Hackers breach 400,000 UniCredit bank accounts for data

The attack occurred in September and October of 2016 and June and July of this year, according to an emailed statement from the bank on Wednesday. UniCredit only discovered the breaches this week, two people familiar with the matter said, asking not to be identified discussing a possible criminal matter. Cyberattacks on corporations and banks »

Misys moves to platform-as-a-service strategy

Trading and risk systems vendor Misys has announced a Platform-as-a-Service (PaaS) strategy, which will see the company open up a new service platform called FusionFabric.cloud. This will open up Misys’s core systems to third parties to drive innovation and collaboration across financial services, the firm says. “FusionFabric.cloud is the future of financial services software,” said Robin Cr... »

SAP’s new platform is coming — at a price

  From 2025 SAP will no longer support any other enterprise resource management platform than its latest, 2015, release: S/4 HANA. Migration from legacy SAP platforms may be costly and time-consuming, but financial firms that are SAP customers should start planning now, especially because S/4 HANA — while it will be faster — will be »