IBM Financial Services - News, Articles & Research

News

IBM reports contracts in Lebanon and Peru

IBM is reporting a contract with Bank of Beirut and the Arab Countries (BBAC) for the supply of a business intelligence platform as well as an ATM installation deal with Peru's Interbank.

24 July 2007

News

Temenos signs Vietnam's An Binh Bank to T24

Vietnam's An Binh Bank is implementing the T24 platform from Geneva-based Temenos to centralise core banking processes across its retail and corporate banking operations.

17 July 2007

News

Dexia turns to Sterci for payments overhaul

Dexia Bank Belgium is to use the Stelink messaging platform from Swiss-based Sterci to renew its payments infrastructure ahead of the introduction of the Single Euro Payments Area (Sepa) and the Target 2 funds transfer system.

16 July 2007

News

US financial firms failing online customers - study

The majority of financial firms are failing to provide adequate online customer services to their clients, according to a study of 72 US financial institutions commissioned by IBM and CRM vendor Kana Software.

26 June 2007

News

IBM and Banco Sabadell forge Web 2.0 pact

IBM is teaming with Spain's Banco Sabadell to develop and produce Web 2.0 applications designed specifically for the financial services sector.

05 June 2007

News

Germany's Wirecard Bank opens in Second Life

Germany's Wirecard Bank has become the latest financial services firm to establish a virtual branch in 3D online universe Second Life and says it also plans to set up shop in science fiction game Entropia Universe.

18 May 2007

News

IBM reports operational risk consortium deal; Bank of New York implementation

The Operational Riskdata eXchange Association (ORX), a non-profit consortium of 35 banks that helps its members benchmark their operational loss data, has implemented data analytics technology from IBM.

08 May 2007

News

Argentina's Banco Patagonia signs IT services deal with IBM

Argentina's fifth largest bank, Banco Patagonia, has signed a $592k IT services deal with IBM for application and server migration.

27 April 2007

News

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.

20 April 2007

News

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.

18 April 2007

News

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.

13 April 2007

News

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.

14 March 2007