August

Syncordis Announced New Office

Syncordis Announces New Office in the United Kingdom.

Press Release

August 2018

Watch Interview of Stephane Fisch, Managing Director at Syncordis

November

LTI acquired Syncordis

LTI announces acquisition of Syncordis SA.

Press Release

November 2017

June

Syncordis acquired Etias

Syncordis acquired Etias, a company specialised in Triple A Plus (TAP). TAP is part of Temenos’ Private Banking Suite.

Through this acquisation, Syncordis extends its business and expertise to cover all aspects of the Temenos Private Banking Suite.

June 2016

May

Syncordis awarded

During the Temenos Community Forum held in Barcelona on 17-19 May, Syncordis won the Award for best Partner Innovation of the year 2016.

Syncordis won this award for its Private Banking Model Bank allowing a rapid rollout of the T24 product in the Private Banking World.

Press Release

May 2016

Pierre Servais joins Syncordis

Mr Pierre Servais has joined the Syncordis Management Committee as a Sales Director. Mr Servais has 20+ years of experience as a Sales person in the banking world.

May 2016

January

DNB Luxembourg live!

Over yearend weekend, DNB Luxembourg migrated to the Temenos T24 banking system.
Thanks to the Luxembourg Model Bank, created by Syncordis and Temenos, Syncordis implemented and migrated to the T24 Banking system in less than 1 year. All previous systems have been replaced. In addition to the main T24 banking system, the Temenos Connect Internet Banking (TCIB) and the EFS Technology client reporting tool were also successfully implemented.

Press Release

January 2016

September

IBS reports on the Nordea project

Press Release

September 2015

August

Syncordis’ new branch

On August 6, Syncordis opened a branch in Chennai: Syncordis Software Services India Private Limited.
This will enable to offer professional off-shore development services and will extend our pool of experienced technical T24 professionals

August 2015

January

DNB signed with Temenos

DNB Luxembourg signed with Temenos to replace their system with T24. Syncordis will lead the implementation and migration to T24.

Temenos Press Release

January 2015

EWUB upgrades T24

East-West United Bank successfully upgraded their T24 system from R09 to R13. At the same time, the ARC IB e-banking system has been replaced with the new TCIB system.

January 2015

January

La NEF succesfully upgrades T24

La Société Financière de la NEF succesfully upgraded their T24 system to R12. Syncordis assumed full responsibility for the upgrade and completed it within the set time-limit.

January 2014

Laurence Plancq has joines Syncordis

Mrs Laurence Plancq has joined the Syncordis Management Committee. Mrs Plancq acquired in-depth knowledge of the banking business during previous missions at KBL, Dexia Luxembourg and Dexia Singapore, where she was holding the position of CEO of the branch.

January 2014

April

Raiffeisen Bank Luxembourg live!

During the Easter weekend, Raiffeisen Bank migrated their in-house banking system to the Temenos T24 banking system. Syncordis has been involved since project start and played a leading role in a number of fundamental subjects like Migration, Finance and Accounting. As from April 02, all operations are being processed within the T24 system and all sub-systems interface with it.

April 2013

March

Nordea selects Temenos Suite

On Friday 22 March, Nordea confirmed their assignment of the Syncordis-Deloitte team to the implementation of the Temenos Suite (T24, Triple’A, Insight, Edge IPK, AML). Objective of this challenging project at Nordea is the replacement of many of the existing systems with standard Temenos components.

March 2013

October

Internaxx upgrades

On 1 October Internaxx upgraded their banking system successfully to T24 R11. At the same time 2 new modules were activated.

October 2012

July

Banca March selects Temenos T24

Banca March opened a Luxembourg Branch recently and went live with the T24 banking system to support their business. Thanks to the Syncordis Luxembourg Model Bank, a pre-parameterised T24 system, the implementation project was completed in less than 4 months, allowing the bank to be operational within a very short time span.

July 2012

June

Syncordis moves to a new office

On 18 June Syncordis Luxembourg moved to their new office, located at 105, route d’Arlon, L-8009 STRASSEN. It will accommodate the company’s growing business and host a complete project team.

June 2012

May

Puilaetco upgrades to T24 R11

On 29 May, Puilaetco, the Brussels branch of KBL Private Bankers, upgraded their banking system successfully to T24 R11. The Puilaetco system is the first of the European branches being served by the Luxembourg hub to be upgraded to R11.

May 2012

April

Banca March opens a Luxembourg branch

Banca March. The Spanish bank, headquartered in Palma de Mallorca, will open a Luxembourg branch soon and use T24 to support their business. The bank contracted with Syncordis for a full T24 implementation.

April 2012

Syncordis developes an interface for Leumi

Leumi Zürich. Syncordis developed and implemented the interface between T24 and Equaliser. Equaliser, a product from the Swiss company Newaccess, is used as a front office tool.

April 2012

February

New regulatory reports

New regulatory reports to be delivered as from January 2012 onwards:
BOP 1.2 or Balance Of Payments report, CDDP or « Collecte des données sur les instruments et les opérations de paiement. Reporting about payments per payment instrument.» Data collection on payment instruments and operations is based on the BCL regulation 2011/N°9 of 4th July, 2011. Testing period runs until January 31st 2012. Syncordis’ clients are issuing the new reports as from February onwards.
« Syncordis will accompany Luxembourg clients when upgrading their reporting and making it compatible with new requirements. »

February 2012

October

Syncordis partners with EFS Technology

Syncordis and EFS Technology entered into partnership. Together they will offer the T24 banking system with seamlessly integrated solutions for output and document management.

October 2011

September

Regulatory requirements T24

New regulatory requirements to adhere to:

As from Oct 2011 the BOP or Balance Of Payments reporting undergoes a first change (BOP 1.1), to be completed by a 2nd change (BOP 1.2) as from 2012. Also, as from Januay 2012, the new report CDDP or «Collecte des données sur les instruments et les opérations de paiement» has to be issued.

September 2011

Internaxx new implementation

New regulatory requirements to adhere to:

On 30 September Internaxx successfully implemented 2 new T24 Modules: Money Market (MM) and Nostro Reconciliation (NC).

September 2011

August

Internaxx upgrades T24

Internaxx signed with Syncordis to upgrade their Temenos T24 system to release R11.

August 2011

Eurobank EFG successfull migration

On 05 August Eurobank EFG successfully migrated their Funds Transfer Agency Business onto Globus/T24. Syncordis proposed and implemented a global solution using the Eurobank EFG Globus/T24 Banking system as a TA system. This is to our knowledge the first time T24 is being used as a Mutual Funds Administration system. It shows once again the flexibility of the Globus/T24 Banking system. The TA business has been implemented as a new and separate Globus/T24 company alongside the private banking activity, thus taking advantage of shared files.

« Funds Business is extremely important in Luxembourg. T24 offering possibilities to cater for both, Private Banking and the Funds Business, opens doors for banks that prefer a single vendor solution and might consider changing system. For more information, please do not hesitate to contact us. ».

August 2011

July

Commerzbank’s upgrade

Commerzbank Luxembourg upgraded their system from T24 R07 to T24 R10.

July 2011

May

EWUB migrated to T24

On 01 May EWUB migrated from their previous proprietary internet banking system to the T24 ARC IB module. The latter provides the bank with a fully integrated IB system opening new functionalities to clients. The ARC IB module has been customized to the Bank’s needs by Syncordis. It now offers internet users a secured, flexible and user friendly platform allowing them to view their assets and safely perform funds transfers on-line.

May 2011

April

New modules for KBL Paris

Syncordis implemented the Interest Rate Swap or IRS module for the Paris branch of KBL.

April 2011

March

Nordea selects Temenos Suite

On Friday 22 March, Nordea confirmed their assignment of the Syncordis-Deloitte team to the implementation of the Temenos Suite (T24, Triple’A, Insight, Edge IPK, AML). Objective of this challenging project at Nordea is the replacement of many of the existing systems with standard Temenos components.

March 2013

May

Core banking system replacement at EWUB

On 02 Aug EWUB together with Syncordis upgraded their 3-year-old core banking system Temenos T24 successfully to release R09.

May 2010

April

KBL European Private Bankers Spain implements Temenos T24

On 07 April KBL European Private Bankers Spain implemented T24 successfully at their new branch in Madrid. Next to other European countries Spain is now also being operated from the central hub. The IT implementation project was managed jointly by Syncordis and KBL. Project and cutover went particularly smoothly, which added greatly to the satisfaction of all parties involved.

April 2010

EWUB upgrade to T24 T09

On 02 April East-West United Bank signed with Syncordis to upgrade their Temenos T24 system from release R06 to R09.

April 2010

EWUB’s new implementation signature

On 02 April East-West United Bank signed with Syncordis to implement the Temenos T24 eBanking module.

April 2010

March

Council of Europe Development Bank goes live

On 29 March the Council of Europe Development Bank in Paris went live successfully on R08.

March 2010

January

Eurobank EFG Luxembourg goes live with Triple’A Plus

On 04 January Eurobank EFG Luxembourg went live successfully with Odyssey Triple’A Plus, their new front office system. Syncordis implemented the interface between the latter and the bank’s core banking system T24.

January 2010

CEB support

0n 04 January, as part of their contingency plan, CEB or the Council of Europe Development Bank signed with Syncordis for support of their T24 system and its users in case of pandemic.

January 2010

KBL successfully migrates to Temenos T24

On 01 January KBL European Private Bankers Switzerland migrated successfully to T24. Beside other countries like Belgium, the UK, Poland and France, Switzerland is now also part of the central HUB being operated from Luxembourg. Syncordis’ involvement in this migration was important as its consultants were holding key positions as from inception.

January 2010

December

Syncordis reaches 5 years

Syncordis reached the milestone of 5 years of trading. The anniversary got celebrated on 11 December with a cocktail party at Zanzen rue Notre Dame Luxembourg.

December 2009

September

Syncordis Paris new office

Paris. The new office of Syncordis France is up and running. François-Xavier Martin will be responsible and assure servicing of French clients.

September 2009

July

Europe Development Bank signed with Syncordis

Paris. On 07 July, the Council of Europe Development Bank signed with Syncordis to upgrade their Temenos T24 system from release R06 to R08.

July 2009

April

KBL European Private Bankers Poland implements T24

On 01 April KBL European Private Bankers Poland implemented T24 successfully in their new branch in Warsaw. From inception until go-live, the project was managed jointly by Syncordis and KBL. All key positions on the IT implementation project were held by Syncordis consultants. The cutover was smooth and on time, to the great satisfaction of all parties involved.

April 2009

March

Syncordis partners with FRSGlobal

Syncordis and FRSGlobal entered into partnership. Together they will be implementing the interface between the T24 banking solution and the FRSGlobal product, Data Foundation. Their collaboration will cover several European countries.

Press Release

March 2009

November

IT Finance News

ITnews 2.0 / Novembre 2008 / N° 15

« La logique de communauté a parlé » Comments Avaloq
Read about it

« Les Objets de la croissance » Comments Temenos Read about it

November 2008

October

Commerzbank upgrades to T24

At the weekend of 27-28 September Commerzbank upgraded successfully from Universe to jBase and from Globus 13.2 to T24 R07. Syncordis had been involved throughout the project. Migration ran very smoothly.

October 2008

June

T24 training at Internaxx

Functional and technical training in T24 taking place at Internaxx.

June 2008

May

Syncordis and Temenos sign a Local Partnership

On 31 May Syncordis and Temenos signed a Local Partnership Agreement.

May 2008

April

Internaxx upgrade to T24

At the weekend of 26-27 April Internaxx upgraded successfully from Globus 11.2 to T24 R06. The Migration initially planned for 2007 had been referred due to changing business priorities.

April 2008

March

EFG Private Bank Luxembourg signes with Syncordis

EFG Private Bank Luxembourg signed with Syncordis to migrate their database from Universe to jBase.

March 2008

TriCap Administration Luxembourg live with T24

On 14 March 2008 TriCap Administration Luxembourg (TAL) went live with T24 R06. The implementation completed a project being initiated in December 2007.

March 2008

January

Puilaetco migrates to Temenos T24

On 01 Jan 2008 Puilaetco, a Brussels branch of KBL, migrated successfully to Temenos T24. Syncordis consultants had been holding key positions on the project from inception until migration.

January 2008

December

TAL selects T24

TriCap Administration Luxembourg (TAL) decided in favour of the T24 banking package to support the group’s business. Syncordis has been entrusted with the implementation planned for Q1 2008.

December 2007

November

Non-stop and STP Banking T24

ITnews 2.0 / Novembre 2007 / N°05
« Non-stop and STP Banking » The Syncordis View
Read about it

July 2012

October

EWUB Live sur T24

ITnews 2.0 / Octobre 2007 / N°04

« East-West United Bank live sur T24 »
Read about it

October 2007

July

EWUB replaces IBIS Banking System

On 01 July East-West United Bank replaced their IBIS Banking System successfully with T24. Syncordis took the lead. The migration was completed after only 6 months of project work thanks to the close collaboration and commitment of all those involved.

July 2007

June

Dewaay migrates to T24

On 01 June Dewaay, a Brussels branch of KBL, migrated successfully to T24. Once again, Syncordis played a major role on the project.

June 2007

January

T24 at EWUB

Syncordis signs with Temenos to implement the Temenos T24 Banking Package at EWUB Luxembourg.

January 2007

December

Internaxx Upgrades

Syncordis signed with Internaxx to upgrade T24 to release R06. Migration is planned for Q2 2007.

December 2006

Go-live at BSCo London

At BSCo London, a branch of KBL, the go-live with Temenos T24 was successful. Syncordis played a major role on the project.

December 2006