IBM Financial Services

552 results about this entity

Period: 11 Jun 2004 - 25 Oct 2024

JPMorgan Chase's excessive tech spending killed IBM outsourcing deal

JPMorgan Chase canned its multi-billion dollar IT outsourcing contract with IBM because the bank was massively overspending on technology, according to an analysis by consultancy Strassmann Inc.

Allied Irish signs for IBM software and services

IBM has won a contract to provide Allied Irish Bank (AIB) with software and managed services including its Lotus iNotes browser-based collaboration and messaging product, which will be rolled out to 12,500 bank staff over the coming year.

Norwich Union signs 'business transformation' management deal with IBM

UK life insurer Norwich Union is teaming with IBM Business Consulting Services to overhaul its business services division.

UMB Financial Corporation to roll out Siebel CRM technology

UMB Financial Corporation, a multibank holding company based in Kansas, is rolling out CRM technology from Siebel Systems to nearly 3000 employees across its 153 banking centres.

Nyse turns to IBM for new trading system

The New York Stock Exchange is working with IBM to introduce a new trade order management system designed to connect floor brokers and clerks with brokerage back offices, as the Big Board begins its conversion to a hybrid marketplace.

Lloyds TSB to switch to new fibre core in £500 million IBM deal

UK bank Lloyds TSB has struck a seven-year £500 million voice and data services deal with IBM, entailing the introduction of a new high-speed network core and an order for 70,000 Voice over IP telephones.

Co-op Bank signs with IBM for anti-money laundering system

The UK's Co-operative Bank has contracted with IBM's newly-launched European Financial Crime unit in London for the supply and implementation of an anti-money laundering (AML) system.

IBM makes first NEFSS sale in Japan

Suruga Bank in Japan has contracted with IBM for the implementation of the vendor's Next Evolution in Financial Services Systems (NEFSS).

Industrial Bank of Korea goes live with Temenos CoreBanking

Industrial Bank of Korea (IBK), one of Korea's leading banks for small and medium-size enterprises, has gone live on Temenos' CoreBanking solution, after a two-year implementation project.

JPMorgan Chase terminates IBM outsourcing contract

JPMorgan Chase has cancelled its multi-billion IT outsourcing contract with IBM and is bringing functions - including data centres, help desks and distributed computing, data and voice networks - and 4000 employees back in house.

IBM and Oracle take centre stage at Finexpo 2004 - RFT

IBM and Oracle have been lined up as lead sponsors for Finextra's second annual Finexpo Retail Finance Technology conference and exhibition, which will take place at the Millennium Gloucester Hotel, central London on Tuesday 14 September.

RBC e-mail scam plays on computer crash fears

Royal Bank of Canada has been hit by an e-mail phishing scam, barely a week after a simple coding error led to a massive payments snafu at the bank.