Keyword

Hardware

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News Company updates Finextra TV Research Long reads

SumUp releases suite of new product features

SumUp releases suite of new product features

Global fintech SumUp has announced its array of new product features to support small businesses at the company’s annual event.

19 January 2024

Success in the cloud: Strategic insights and best practices

Success in the cloud: Strategic insights and best practices

The cloud is now the new normal and financial institutions are harnessing and deriving value from the massive amount of data that they possess. Finextra Research’s latest report in association with Amazon Web Services highlights that technology needs to be adopted as quickly, easily and cost-effectively as possible, for scale and flexibility.

21 February 2020

Hong Kong exchange suffers cyber attack

Hong Kong exchange suffers cyber attack

The chief executive of the Hong Kong Stock Exchange (HKEx) has conceded that the trading venue was subject to a series of cyber attacks this week but has insisted that an outage which brought derivatives trading to a halt was related to a software bug and not a hacker.

06 September 2019

Japanese banks join quantum computing hub

Japanese banks join quantum computing hub

Japanese banks MUFG and Mizuho are to join a new IBM Q Hub at Keio University to experiment with future applications for quantum computing in the financial sector.

18 May 2018

Intel granted review into its €1bn EU fine

Intel granted review into its €1bn EU fine

Chip processor Intel has taken a significant step towards overturning a €1bn fine imposed by the European Commission (EC) after it won the right to a review.

07 September 2017

ANZ builds Innovation Lab in A$450 million deal with IBM

ANZ builds Innovation Lab in A$450 million deal with IBM

ANZ has signed a five-year A$450 million deal with IBM to increase productivity and innovation across the Australian bank through the use of cloud-based services, mainframe technology and analytics software.

01 September 2015

Banks warned on risks of using unsupported Windows Server 2003

Banks warned on risks of using unsupported Windows Server 2003

NatWest and ANZ are among the banks that are still using Windows Server 2003, despite Microsoft ending support for the operating system last month, according to security outfit Netcraft.

18 August 2015

Level39 gets Intel Inside

Level39 gets Intel Inside

Intel has partnered with UK tech accelerator space Level39 to provide startups with access to its industry expertise, contacts, data sets and next-generation hardware.

02 July 2014

Indian bank IT spending to hit new highs - Gartner

Indian bank IT spending to hit new highs - Gartner

Indian banking and securities companies will spend 462 billion rupees (EUR5.5 billion) on IT products and services in 2014, an increase of nearly 9.8 percent over 2013 revenue of 421 billion rupees, according to Gartner

21 October 2013

SocGen private bank completes two-year project to migrate core banking system to the cloud

SocGen private bank completes two-year project to migrate core banking system to the cloud

Luxembourg private bank Société Générale Bank & Trust has completed a two-year project to migrate its core banking system, comprising ten million lines of code, to a cloud computing architecture.

23 May 2013

RBS preps £80 million IT overhaul - Telegraph

RBS preps £80 million IT overhaul - Telegraph

After June's IT meltdown and last week's collapse of a deal to sell off branches to Santander, the Royal Bank of Scotland is preparing an £80 million overhaul of its mainframe computer systems, according to the Sunday Telegraph.

22 October 2012

Financial firms fund study into use of supercomputers for market stability

Financial firms fund study into use of supercomputers for market stability

An academic project exploring how supercomputing and data intensive science can be tapped to aid stability, regulation, and enforcement in US markets has received $100,000 in research donations from a collection of financial firms.

28 August 2012

IBM server crash hits Canadian bank services

IBM server crash hits Canadian bank services

An outage at IBM's server farm in Montreal has knocked out online services and ATMs at two Canadian banks, according to a local press report.

25 January 2012

Password protection shattered by cheap GPUs

Password protection shattered by cheap GPUs

Hackers are using cheap consumer hardware to crack even the most complex passwords in a matter of seconds, according to tests run by server hosting firm UKFast.

04 October 2011

JPMorgan lifts the lid on GPU-led performance breakthrough

JPMorgan lifts the lid on GPU-led performance breakthrough

JPMorgan is taking advantage of graphic processors from Nvidia to deliver a 40% increase in the speed of its risk calculations, as part of a three-year plan to cut computation data costs by 75%.

11 August 2011

BankWest makes $20 million investment in new Fujitsu data centre

BankWest makes $20 million investment in new Fujitsu data centre

BankWest is to become the anchor tenant in Fujitsu's new Perth data centre under a ten-year, A$20 million deal.

24 November 2010

Capital markets firms spend $13.4bn on trading infrastructures in 2010 - Tabb

Capital markets firms spend $13.4bn on trading infrastructures in 2010 - Tabb

Capital markets firms around the world are set to spend $13.4 billion this year, across asset classes, on trading infrastructures, according to a report from Tabb Group.

07 September 2010

IBM gets Citi thumbs up for new generation mainframe

IBM gets Citi thumbs up for new generation mainframe

IBM has unveiled the most powerful mainframe server ever, the zEnterprise, that it claims will fundamentally change the way firms like banks manage data centres, enabling centralised management of disparate application silos.

22 July 2010

Banking cloud consortium to take on 'legacy tech' vendors

Banking cloud consortium to take on 'legacy tech' vendors

Commonwealth Bank of Australia is recruiting international banks to an alliance designed to break the hegemony of computer giants such as IBM, Microsoft, HP and Oracle and lead a move to a shared tech infrastructure based on cloud computing.

29 April 2010

SunGard virtualisation project on track for $5 million savings goal

SunGard virtualisation project on track for $5 million savings goal

SunGard Financial Systems plans to consolidate its technology infrastructure into five data centres from 25 today through a series of virtualisation initiatives.

23 April 2010