IBM Financial Services

550 results about this entity

Period: 11 Jun 2004 - 07 Oct 2024

Singapore central bank slams DBS and IBM over systems outage

The Monetary Authority of Singapore (MAS) has strongly criticised DBS and IBM over last month's seven-hour system-wide outage, ordering the bank to redesign its online and branch technology and reduce its reliance on Big Blue.

IBM gets Citi thumbs up for new generation mainframe

IBM has unveiled the most powerful mainframe server ever, the zEnterprise, that it claims will fundamentally change the way firms like banks manage data centres, enabling centralised management of disparate application silos.

IBM employee fingered as culprit in massive DBS outage

An IBM employee has been fingered as the culprit behind a seven-hour system-wide outage that knocked out all consumer and business banking services and ATM and POS transactions at Singapore's DBS Bank on Monday.

Wall Street steps up analytics spending

Over 90% of Wall Street firms expect to increase spending on analytics over the next year, with risk and compliance the areas most likely to see greater investment, according to a survey from IBM and Sifma.

IBM distributes malware-laden USBs at big Aus security conference

IBM has been left red-faced after distributing USB keys infected with malware to delegates at Australia's biggest computer security conference.

IBM unveils social media sentiment software

IBM has launched predictive analytics software that mines data from social media sources such as Twitter, blogs and networking sites.

Banking cloud consortium to take on 'legacy tech' vendors

Commonwealth Bank of Australia is recruiting international banks to an alliance designed to break the hegemony of computer giants such as IBM, Microsoft, HP and Oracle and lead a move to a shared tech infrastructure based on cloud computing.

UBS rolls out IBM ZTIC security hardware to online customers

UBS has become the first bank to roll out IBM's Zone Trusted Information Channel (ZTIC) online banking security hardware to its customers.

RBS cheque system scuppered by EDS mainframe failure

The Royal Bank of Scotland's cheque clearing system fell over this week after a massive mainframe failure at HP Enterprise Services (formally EDS).

'Too complex to thrive' Western banks face uncertain future - IBM study

At a time when trust in banks is at an all time low, a new study by IBM finds that too many are over-reliant on revenue streams that no longer exist, have unsustainable cost structures, and are burdened by excessive levels of operational complexity and inflexibility.

Deutsche Bank and CBA join cloud computing group

Deutsche Bank and CBA are among the firms to have signed up to a new global Enterprise Cloud Buyers Council (ECBC), set up by the TM Forum to promote cloud technology.

IBM opens London analytics centre

IBM has launched a London Analytics Solutions Centre and pledged to recruit 400 consultants, software specialists and mathematicians to run the facility which will initially focus on the financial services sector.