02 September 2015

Slib upgrades IT infrastructure with IBM

28 January 2013  |  3340 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?

Top trade execution topics

Most viewed Most shared
SunGard system glitch causes havoc for BNY...
7177 views comments | 14 tweets | 12 linkedin
SunGard apologises for BNY Mellon system g...
4141 views comments | 4 tweets | 3 linkedin
Dark pool lawsuit against Barclays dismiss...
3188 views comments | 4 tweets | 1 linkedin
Buy-side still reliant on manual process f...
2841 views comments | 5 tweets | 8 linkedin

Featured job

£90-110K Basic Circa £200-250K OTE NO CEILING
London

Find your next job