IBM Financial Services

550 results about this entity

Period: 11 Jun 2004 - 07 Oct 2024

IBM forecasts 'new world order' for financial services

An IBM survey of over 2750 banking executives worldwide forecasts a new world order for the financial services industry, characterised by a shift to specialisation, more transparency and lower overall returns.

Handelsbanken taps IBM and Red Hat for virtualisation

Sweden's Handelsbanken has deployed virtualisation technology using Red Hat Enterprise Linux on IBM's System z servers and operating system.

HDFC Bank tools up with IBM Big Iron

India's HDFC Bank has chosen IBM's System z mainframe technology as the basis for a new IT framework.

Oracle to buy Sun Microsystems for $7.4bn

Just weeks after takeover talks with IBM collapsed, Sun Microsystems has agreed a surprise $7.4 billion cash deal to be acquired by Oracle.

National Bank Financial renews IBM IT management deal

Canada's National Bank Financial Group has agreed a seven year extension, worth C$450 million, to its IT infrastructure management deal with IBM.

Finextra opens registration for Finexpo - Outsourcing Strategies

Finextra has opened registration for a one-day conference on 4 June that will look at how the ongoing financial crisis is affecting the globalisation of business models, organisational structure, technology and operations in banking and financial markets.

IBM in talks to buy Sun Microsystems - WSJ

IBM is in talks to buy Sun Microsystems in a cash deal worth at least $6.5 billion that would tighten its grip on the server market, according to the Wall Street Journal.

IBM to deliver application testing services to Deutsche Bank

IBM has been selected by Deutsche Bank to transform the integration testing part of its application service delivery for the Private & Business Clients and Global Banking business units.

India's Religare goes green with IBM

IBM has won a $3.1 million contract with Religare Enterprises to build green data centres for the Indian financial services firm in a bid to cut annual power costs by over 30%.

Thomson Reuters creates instant messaging hub

Thomson Reuters has partnered with Microsoft, Cisco and IBM to enable cross-platform communication across proprietary instant messaging systems.

IBM and BNP Paribas extend outsourcing joint venture to Italy's BNL

IBM and BNP Paribas have signed a EUR318 million, six-year agreement for their existing joint venture, BP²I, to handle the IT infrastructure operations of the French bank's Italian subsidiary, Banca Nazionale del Lavoro (BNL).

Metrobank selects IBM for online banking authentication

Philippines-based Metrobank has contracted with IBM for the implementation of a two-factor authentication system, using Vasco security tokens, for its online customers.