IBM Financial Services

550 results about this entity

Period: 11 Jun 2004 - 07 Oct 2024

Postbank upgrades IBM mainframes

Germany's Postbank is set to install three IBM System z10 mainframes as it looks to streamline the infrastructure at its data centre.

IBM strike to hit Westpac e-banking

Users of Westpac's online banking services will face disruption later this week when IBM technical support staff begin strike action, warns the Australian Services Union.

Tata leads race to buy Citi BPO - Economic Times

Tata Consultancy looks set to edge out IBM in the bidding for Citi's captive Indian back office unit, according to the Economic Times.

IBM to acquire Ilog

IBM has agreed a deal to acquire Ilog, a French provider of business process management (BPM) technology, for around EUR215 million.

Banco Espírito Santo expands IBM IT outsourcing contract

Portugal's Banco Espírito Santo (BES) has expanded its IT outsourcing contract with IBM to cover the bank's entire midrange infrastructure.

Thailand's Thanachart signs IT services deal with IBM

Thailand's Thanachart Bank has inked a seven year, $60 million, information technology outsourcing services deal with IBM.

IBM wins Banco Fondo Comun IT outsourcing deal

Venezuela's Banco Fondo Comun (BFC) has inked a five year information technology services deal with IBM.

Citi looking to sell Indian BPO and tech units - report

Citigroup is looking to restructure its Indian back office operations and put its BPO and technology divisions up for sale, according to local press reports which cite IBM as the "lead contender" for the assets.

Wall Street IT budgets holding up

Despite write downs and personnel cuts following the credit crunch, Wall Street firms are continuing to invest in IT - particularly risk technology - and expect budgets to increase next year, according to research released by IBM and the Securities Industry and Financial Markets Association (Sifma).

IBM unveils virtual teller

IBM has introduced a front office kiosk for branches that enables customers to interact with a virtual bank teller.

IBM buys market data house InfoDyne

IBM has acquired privately-held InfoDyne Corporation which provides software that enables trading firms to process high volumes of market data in microseconds. Financial terms and conditions of the deal were not disclosed.

IBM wins Cetelem IT services deal

BNP Paribus subsidiary Cetelem has signed a $2.8 million information technology services deal with IBM to support its operations in Argentina.