Latest Hardware News: Finextra Research

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

News/Hardware

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

News/Hardware

Nationwide virtualises data centre with Unisys

Nationwide has teamed with IT firm Unisys to virtualise 500 servers at its data centre in a project expected to save the UK building society over £8 million.

03 February 2010

News/Hardware

RBS cheque system scuppered by EDS mainframe failure

The Royal Bank of Scotland's cheque clearing system fell over this week after a massive mainframe failure at HP Enterprise Services (formally EDS).

18 December 2009

News/Hardware

IBM makes mainframe breakthrough in Namibia

IBM has sold its first mainframe in Namibia in a $5 million deal with First National Bank of Namibia.

24 November 2009

News/Hardware

Kas Bank outsources mainframe services to Atos Origin

Netherlands-based wholesale securities specialist Kas Bank has inked a two and a half year contract with Atos Origin for the outsourcing of mainframe services.

19 May 2009

News/Hardware

IBM wins ABC Brazil Bank data centre deal

ABC Brazil Bank has contracted with IBM for the implementation of a new energy efficient data centre.

30 April 2009

News/Hardware

Handelsbanken taps IBM and Red Hat for virtualisation

Sweden's Handelsbanken has deployed virtualisation technology using Red Hat Enterprise Linux on IBM's System z servers and operating system.

22 April 2009

News/Hardware

HDFC Bank tools up with IBM Big Iron

India's HDFC Bank has chosen IBM's System z mainframe technology as the basis for a new IT framework.

22 April 2009

News/Hardware

Oracle to buy Sun Microsystems for $7.4bn

Just weeks after takeover talks with IBM collapsed, Sun Microsystems has agreed a surprise $7.4 billion cash deal to be acquired by Oracle.

20 April 2009

News/Hardware

Fidessa doubles throughput rates with new Intel chipset

Fidessa is reporting trading transaction throughput tests on the new Intel Xeon 5500 chipset running twice as fast as on current industry standard kit, with comparatively lower power consumption.

01 April 2009

News/Hardware

HP reports $50m Shinhan Bank deal

Hewlett Packard (HP) has signed a $50 million technology contract with Korea's Shinhan that will involve the sale and leaseback of the bank's IT assets.

24 March 2009

News/Hardware

Unisys wins BMO Financial Group server systems deal

Canada's BMO Financial Group has awarded Unisys a four year contract for the provision of mainframe-class server systems and related support services.

24 March 2009

News/Hardware

BNP Paribas CIB rolls out green GPU-based supercomputer platform

BNP Paribas Corporate and Investment Banking has implemented a new technology platform it says will slash electricity consumption and accelerate calculation times for complex derivatives.

04 March 2009

News/Hardware

Man Group selects DynamicOps for virtualisation infrastructure management

British hedge fund manager Man Group has selected technology from Credit Suisse spin-off DynamicOps to manage its multi-vendor virtual infrastructure.

25 February 2009

News/Hardware

Morse reports heavy losses; sells off CSTIM

UK IT services group Morse is to discontinue its Investment Management Consulting business and restructure its operations after reporting a group-wide operating loss of £17.3 million for the six months ended 31 December 2008.

11 February 2009

News/Hardware

Korea Exchange doubles capacity, cuts latency on Unix platform upgrade

The Korea Exchange (KRX), the world's second largest derivatives exchange, has commenced member testing of a modern, faster version of its trading platform, in anticipation of a rise in business stemming from the introduction of the country's Capital Market Consolidation Act.

06 February 2009

News/Hardware

Merrill Lynch implements IBM iDataPlex 'cloud' servers

Merrill Lynch is installing IBM's iDataPlex 'cloud' servers to help reduce energy costs and power consumption at its data centre.

10 October 2008

News/Hardware

IBM wins Banco Fondo Comun IT outsourcing deal

Venezuela's Banco Fondo Comun (BFC) has inked a five year information technology services deal with IBM.

08 July 2008

News/Hardware

Bursa Malaysia loses full day of trading due to hardware failure

Equity trading on Bursa Malaysia was down all day on Thursday, as the exchange suffered a "multi-hardware failure" of its core trading platform. It initially said it would be running again at 14:30 local time after switching to a back-up facility, but the exchange later announced that this would not be possible.

03 July 2008