25 May 2015

Slib upgrades IT infrastructure with IBM

28 January 2013  |  3274 views  |  0 ATM 3 close up

Slib, a software publisher and Application Services Provider for the European financial services industry, has contracted IBM to help overhaul its IT infrastructure.

Slib has signed for the IBM Power 770 system equipped with the Power7+ processor to help it securely process an estimated 15 million stock market orders this year.

Big Blue says that its system is engineered with the latest data security and privacy technology, easily integrates with Slib's cloud environment, and automatically ramps up processing performance to meet extreme financial market workloads including big data and analytics.

Philippe Cognet, CEO, Slib, says: "IBM Systems technology helps our company guarantee the highest service levels for our clients, giving us a competitive advantage over other companies that do not invest in innovation. Moreover, the built-in scalability and flexibility of the new Power Systems servers allow us to commit with new clients under very short deadlines."
KeywordsCLOUD

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board, sign up now.

Related blogs

Create a blog about this story (membership required)

Related stories

05 March, 2012
25 January, 2012

Related company news

 

Who is commenting on trade execution?

Finextra Member Commented on: Nyse debuts bitcoin in...
Finextra Member Commented on: Building the foundatio...
Finextra Member Commented on: Swedish startup preps...

Top trade execution topics

Most viewed Most shared
Nyse debuts bitcoin index
3008 views comments | 13 tweets | 10 linkedin
Building the foundation for digital change...
2428 views comments | 1 tweets | 2 linkedin
Cryex turns to Cinnober for digital curren...
2336 views comments | 5 tweets | 4 linkedin
Overstock buys stake in ATS for digital se...
1914 views comments | 1 tweets | 1 linkedin

Featured job

c.£70-100K base, commission + equity
London, UK

Find your next job