IBM Financial Services

550 results about this entity

Period: 11 Jun 2004 - 07 Oct 2024

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IBM inks $460m BCV IT deal; takes over Unicible

IBM inks $460m BCV IT deal; takes over Unicible

Switzerland's Banque Cantonale Vaudoise (BCV) is outsourcing its IT operations to IBM under a five year, $460 million contract that will see the vendor take over the business of the bank's existing technology provider, Unicible.

Royal & SunAlliance signs two new outsourcing deals

Royal & SunAlliance signs two new outsourcing deals

Insurance group Royal & SunAlliance (R&SA) has extended the IT infrastructure services contract it signed with IBM in 2001 by signing a new 10-year deal. It has also inked a five-year, multi-million pound contract with Cable & Wireless for a complete network outsource and a hosted IP infrastructure, covering all aspects of its telecoms and network IT requirements until 2012.

IBM opens tech labs for banking clients

IBM opens tech labs for banking clients

IBM has made a multi-million dollar investment in establishing three 'Banking Centres of Excellence' designed to help financial services clients modernise IT systems and create new business models.

Financial industry leads other verticals in spending on servers

Financial industry leads other verticals in spending on servers

Gartner says the financial services industry led all vertical markets in server revenue for IT firms, accounting for 25.1% of worldwide server revenue in 2006. Among vendors, IBM accounted for the largest share of this revenue.

Denmark's PBS outsources IT to IBM

Denmark's PBS outsources IT to IBM

Danish payments body Payment Business Services (PBS) has signed a seven year deal to outsource the operation and management of its IT infrastructure to IBM. Financial terms of the agreement were not disclosed.

IBM reports new $700m Sparkassen Informatik contract

IBM reports new $700m Sparkassen Informatik contract

Sparkassen Informatik, a provider of IT services to German co-operative banks, has signed a new five year contract, worth $700 million, with IBM, for the supply of hardware, software and services.

Efunds, IBM and Infomax to implement Thai national payments network

Efunds, IBM and Infomax to implement Thai national payments network

US payments systems vendor eFunds is teaming with IBM and Bangkok-based IT services firm Infomax to implement a new payments network for the National Interbank Transaction Management Exchange (ITMX) in Thailand.

India's HDFC Bank takes note of customer feedback with IBM

India's HDFC Bank takes note of customer feedback with IBM

India's HDFC Bank is to install information software from IBM to examine customer feedback in e-mails and phone calls from among its 535 branches in 300 cities

Banco Sabadell outsources e-mail management to IBM

Banco Sabadell outsources e-mail management to IBM

Spanish banking group Banco Sabadell has signed a nine year contract worth EUR7 million with IBM for the management of its e-mail platform.

Corporates queuing up to join Swift says HSBC

Corporates queuing up to join Swift says HSBC

HSBC is forecasting a sharp increase in corporate membership of Swift after releasing research which shows business enthusiasm for the new open access model gaining ground.

City trading jobs to fall by 90% as banks take up algorithmic technology

City trading jobs to fall by 90% as banks take up algorithmic technology

The number of traders employed in the City of London will have fallen by a massive 90% by 2015 because more banks are moving towards all-electronic algorithmic trading operations, according to a white paper released by IBM.

BNP Paribas rents super-computing capacity off IBM

BNP Paribas rents super-computing capacity off IBM

BNP Paribas has gone live with an on-demand computing service from IBM to run power-hungry pricing and modelling applications across its fixed income derivatives operation.

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