IBM Financial Services

552 results about this entity

Period: 11 Jun 2004 - 25 Oct 2024

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.

Danske glitch wipes out Northern Bank, National Irish and Sampo ATMs

Danske Bank says a glitch with its IBM-managed payments network resulted in customers of its subsidiaries in three countries being unable to use their cards to withdraw money from cash machines.

IBM tests 'stream supercomputing' with TD Bank

IBM is working with Canada's TD Bank to test its new 'stream computing' software, which uses supercomputing power to manage larger volumes of data than traditional technology.

Nationwide switches to SAP for Banking

The UK's Nationwide Building Society is migrating its banking, savings and mortgage operations to the SAP for Banking platform as part of a £300 million business transformation programme.

IBM bolsters CEP offering with AptSoft acquisition

In a move to strengthen its standing in the service-orientated architecture (SOA) market, IBM is acquiring privately-held AptSoft, a Massachusetts-based provider of complex event processing (CEP) software, for an undisclosed sum.

IBM inks NAB outsourcing deal

National Australia Bank (NAB) has signed a three year outsourcing agreement with IBM for the management of its desktop and service desk IT infrastructure. The deal includes the provision of desktop support services for 28,000 bank employees.

Temenos signs Banque Raiffeisen to T24

Luxembourg-based Banque Raiffeisen is implementing the T24 core banking platform from Geneva-based Temenos to support its universal and retail operations.

IBM wins EUR45m Allied Irish deal

Allied Irish Bank (AIB) has awarded a three year contract, worth EUR45 million, to overhaul its core banking infrastructure to IBM.

Guotai Junan Securities recruits Algorithmics and IBM to build risk platform

Toronto-based vendor Algorithmics is working with IBM to develop and implement a portfolio and risk management system for China's Guotai Junan Securities.

IBM to open Vietnam tech lab

IBM is establishing a technology centre in Vietnam that will help its financial services clients build and deploy core banking applications and modernise IT systems.

Bank Islam selects T24 for Shariah-compliant banking

Bank Islam Malaysia Berhad is implementing the T24 modular core banking platform from Swiss vendor Temenos to provide Shariah-compliant services to customers in branches and via the Internet.