IBM Financial Services

555 results about this entity

Period: 11 Jun 2004 - 02 Dec 2024

IBM, BofA and Citi launch site for small suppliers

A consortium of US corporate giants, including IBM, Bank of America and Citi, have banded together to launch a Web site designed to make it easier for smaller firms to bid for their business.

IBM to acquire OpenPages

IBM is to acquire OpenPages, a privately-held provider of risk and compliance software which lists some of the world's top financial institutions on its client roster. Terms of the transaction were not disclosed.

Former IBM exec Moffat gets six months for insider trading

EX-IBM executive Robert Moffat has been jailed for six months for his part in the Galleon hedge fund insider trading case, which prosecutors call the biggest of its kind in history.

ABN Amro to renew $1bn IBM, TCS and Infosys outsourcing deals - report

ABN Amro is preparing to renew IT outsourcing contracts worth around $1 billion with IBM, Tata Consultancy Services (TCS) and Infosys Technologies, according to India's Economic Times.

Sugamo Shinkin Bank migrates PCs to IBM desktop cloud

Japan's Sugamo Shinkin Bank has selected IBM for the development of a virtual client environment, tapping Big Blue's desktop cloud.

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.