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Financial services news
| Title | Date |
|---|---|
IBM Press Room - Today IBM announced IBM solidDB Universal Cache, relational, in-memory database technology that accelerates not only IBM’s relational databases, but also other industry-leading databases. | 27 Oct 2008 |
The industry-standard, IBM System x iDataPlex servers will be used to help Merrill Lynch build and evaluate new risk-analysis programs. | 09 Oct 2008 |
At SIBOS in Vienna, IBM today announced a new platform to help banks and other financial institutions quickly and confidently integrate multiple streams of market data and conduct transactions with reduced latency in today’s fast moving and volatile economy. | 16 Sep 2008 |
Despite recent billion dollar write-downs and thousands of personnel reductions, technology spending is the one area that is going to be largely unaffected by cost-cutting, according to a recent survey. | 10 Jun 2008 |
This year at SIFMA IBM will demonstrate record-breaking low-latency performance with a demonstration of high speed multicast messaging. In tests the IBM research team has achieved latency as low as 7 microseconds using reliable multicast messaging over Infiniband. | 10 Jun 2008 |
IBM Japan today announced it has delivered the world’s first application for financial institutions, based on the Cell Broadband Engine (Cell/B.E.) architecture and IBM BladeCenter® QS series to Mizuho Securities Co., Ltd. to be utilized to enhance their new Exotic Derivatives Trading System currently under development. | 27 May 2008 |
Driven by growing commercial need in areas such as financial services, digital media creation and medical imaging, IBM today expanded its High Performance Computing (HPC) capabilities for businesses with the introduction of the IBM® BladeCenter® QS22. | 13 May 2008 |
IBM (NYSE: IBM) today announced it has acquired InfoDyne Corporation, a privately held software company based in Park Ridge, Illinois. InfoDyne is a leader in high-speed platforms and data feed connectors which combined with IBM's WebSphere technology will help clients extend transactional integrity to low-latency environments. | 29 Apr 2008 |
IBM today announced a new industry framework for financial services that that will help banks better manage and use information to increase revenue, reduce risk, and improve operational efficiency. | 07 Apr 2008 |
IBM announced a partnership with TD Bank Financial Group to explore the use of IBM's breakthrough Stream Computing software system which will utilize the IBM Blue Gene supercomputer. | 02 Apr 2008 |
IBM Lender Business Process Services, Inc., today announced that Coastal Federal Credit Union has entered into a five-year contract whereby IBM will provide comprehensive private label mortgage loan fulfillment services. | 01 Apr 2008 |
The new IBM and Avaya services intelligently route PSECU clients to the agent PSECU determines is best suited to handle their call regardless of how clients choose to contact the credit union. | 18 Mar 2008 |
The seven-year agreement is estimated to deliver operating cost savings for ACI of $25 million to $30 million over the course of the contract, providing the company with advanced technology and enhanced service capabilities. | 18 Mar 2008 |
The study, Building Client Advocacy: New Opportunities for Wealth Management Firms, comes at a time when firms are scrambling to differentiate themselves and meet changing consumer demands for new investment products and services. | 25 Feb 2008 |
Fair Isaac Corporation and IBM today announced a significantly expanded strategic alliance to create and deliver end-to-end financial services solutions powered by IBM’s open technology to help clients better integrate information across the enterprise. | 23 Jan 2008 |
IBM and Algorithmics announced they will deliver and implement a new portfolio construction and risk management solution at Guotai Junan Securities, for security trading and fund management. | 18 Jan 2008 |
Dai Viet Securities Corporation, IBM and Capital Market Solutions signed a technology agreement under which CMS will provide securities solutions while IBM will provide IT infrastructure and project management services for DVSC. | 18 Jan 2008 |
Bank Negara Indonesia has boosted efficiency and productivity with a service oriented architecture (SOA) powered by IBM Software. | 18 Jan 2008 |
Bank of London and The Middle East plc (BLME), a stand-alone Sharia'a-compliant investment bank, has selected intrusion prevention technology from IBM's Internet Security Systems (ISS) division to help reinforce its existing security controls and further protect its customer and corporate data. | 16 Jan 2008 |
IBM announced that it has signed a three-year, 45 million euro agreement with Allied Irish Bank to transform its core banking systems. The aim of the agreement is to provide the bank with an open and flexible platform to support future business growth. | 16 Jan 2008 |
Standard Bank's Argentine branch signed a technology services agreement with IBM which includes hosting, operation and recovery services as well as hardware provision to help the bank update its technology processes. | 16 Jan 2008 |
Today IBM announced that it will establish a Banking Center of Excellence in Vietnam in the first quarter of 2008. The center will enable financial services clients to build and deploy next-generation core banking systems. | 14 Jan 2008 |
IBM and ACI Worldwide today announced a significantly expanded strategic alliance to create an end-to-end solution for electronic payments powered by IBM's open technology. | 17 Dec 2007 |
IBM today announced the launch of two new IBM WebSphere Software products, each based on innovative technology from IBM labs, that enable financial markets firms to enhance the management of their financial market data requirements. | 07 Nov 2007 |
IBM today announced plans to begin shipping a new version of its General Parallel File System (GPFS) software that acts like a search engine to identify and migrate files between different storage pools and feed high-speed business intelligence and scientific computers. | 02 Oct 2007 |
IBM has disclosed a cross-company project to integrate the Cell Broadband Engine™ (Cell/B.E.) with the IBM mainframe for the purpose of creating a hybrid that is blazingly fast and powerful, designed to handle a new generation of "virtual world" applications, such as the 3D Internet. | 26 Apr 2007 |
Chordiant Software, Inc., the leading provider of Customer Experience software and services, and IBM Corporation today announced their upcoming jointly sponsored Customer Experience Summit. | 12 Apr 2007 |
Acting on consumer and market research, IBM today launched three new Banking Centers of Excellence (BCOE) to help financial services clients modernize aging computing systems and develop new business models to better meet the needs of banking consumers. | 11 Apr 2007 |
IBM Lender Business Process Services, Inc. (LBPS), a wholly owned subsidiary, will enable mortgage lenders to replace the fixed costs associated with typical loan fulfillment operations with a variable cost framework, freeing up lenders to focus more on providing better personal service and support to consumers. | 26 Mar 2007 |
Joint customers can now integrate the broadest array of market data with existing information to manage massive data volumes better and improve trading. The move will allow the content and services on RMDS to completely integrate with applications that use IBM’s messaging software. | 01 Mar 2007 |
IBM and Financial Network Services (FNS), a subsidiary of Tata Consultancy Services, today announced the world's largest core banking benchmark result delivering a record 9,445 business transactions per second in real-time. | 08 Feb 2007 |
Oberbank is currently transforming from a regional to a multinational bank to benefit from the economic opportunities that are emerging in Eastern Europe. Oberbank is moving away from its previous banking application in Eastern Europe to FLEXCUBE from i-flex, an IBM Business Partner. | 08 Feb 2007 |
IBM and Affin Bank Berhad, one of the nine anchor banks in Malaysia, announced that the companies have entered into a partnership agreement worth US$121 million over 10 years designed to modernize AFFINBANK's IT infrastructure. | 07 Feb 2007 |
IBM today announced that TMB Bank, one of Thailand's top five banks, is streamlining business processes and improving efficiency while enhancing customer satisfaction with a service oriented architecture powered by IBM software. | 10 Jan 2007 |
Euronext and its IT service provider Atos Euronext Market Solutions (AEMS), supported by infrastructure and engineering teams from IBM, carried out performance testing on the planned upgrade of the equities trading platform (NSC Equities) as part of Euronext’s Technological Enhancement Programme. | 14 Dec 2006 |
IBM today announced a first-of-its-kind consulting service designed to measure the way businesses govern data -- such as sensitive customer information or financial details -- across an organization. | 13 Dec 2006 |
IBM and Infosys today announced record-setting results of a performance benchmark for Infosys' Finacle Core Banking Solution running on IBM's System p Servers that far outperform all such published benchmarks by a wide margin. | 11 Dec 2006 |
IBM (NYSE: IBM) has released details of a significant project with EBS Building Society, one of Ireland's largest building societies. | 07 Dec 2006 |
(NYSE: IBM) announced today that HDFC Bank Limited, the second largest private bank in India, has selected IBM for an industry-first information management software project designed to help HDFC rapidly enhance customer care and identify new business opportunities | 06 Dec 2006 |
Banco Sabadell, one of Spain's largest banking groups, and IBM (NYSE: IBM) today announced a 7-million euro, 9-year contract for IBM to manage the bank's electronic e-mail platform. | 17 Nov 2006 |
US consumers want banks to value their business, understand their financial goals and provide financial advice. | 15 Nov 2006 |
Finibanco and IBM (NYSE: IBM) today announced a 10-year services contract. | 15 Nov 2006 |
The banking collaboration will combine the business and IT architectural leadership of IBM in banks, banking-specific application solutions from Oracle, and core banking and risk solutions from i-flex. | 10 Oct 2006 |
IBM today announced a new software solution and professional services to help banks progressively renovate existing payments systems and rapidly deploy new, reusable payments capabilities using Service Oriented Architecture (SOA). | 09 Oct 2006 |
IBM announced today the introduction of first-of-its-kind encryption technology and services that deliver the world's first enterprise-class solutions for securing consumer and corporate data privacy. | 12 Sep 2006 |
In a groundbreaking global survey, IBM, in cooperation with the Economist Intelligence Unit, spoke to more than 400 executives who run 296 of the world's largest exchanges, broker/dealers, asset managers, custodians, hedge funds and regulatory bodies. These executives overwhelmingly believe that more profit will flow to investors ... | 20 Apr 2006 |
IBM today announced a Tax Audit and Compliance Solution that uses advanced analytics to help revenue agencies zero in on questionable tax returns. The solution is currently being used by U.S. state revenue agencies as well as international government agencies. | 07 Apr 2006 |
IBM today announced that Dow Jones Indexes, a premier global provider of investable indexes, including the Dow Jones Industrial Average (DJIA), has selected IBM servers as the platform to calculate its suite of worldwide indexes and averages that are disseminated globally in real-time through major market data vendors ... | 17 Mar 2006 |
Nearly 60 percent of U.S. businesses believe that cybercrime is more costly to them than physical crime, reports a recent IBM survey of companies in the healthcare, financial, retail and manufacturing industries. | 14 Mar 2006 |
IBM today launched IBM Identity Management Services (IDMS), an end-to-end portfolio of capabilities that cover the entire identity management lifecycle — from identity proofing, to user provisioning, to access control. | 14 Feb 2006 |
IBM announced today that the tenth podcast in the series, "IBM and the Future of..." will begin today on its investor Web site. The podcast is called "IBM and the Future of Privacy." | 09 Feb 2006 |
Today, investment and superannuation specialist Russell Investment Group, in conjunction with IBM Global Business Services, announced a seven-year, US$140m Business Transformation Outsourcing (BTO) agreement. | 23 Jan 2006 |
Grupo Banco Popular has signed an agreement with IBM for the renovation of its technology infrastructure. The contract, which includes hardware, software and services, will help the financial group to remain at the forefront of Spanish banking, improving efficiency, reducing costs and gaining flexibility to meet the demands of clients ... | 23 Jan 2006 |
Today IBM announced the contents of its 2005 Global Business Security Index Report and provided an early look at potential security threats in 2006. Based on early indicators, IBM anticipates a fundamental shift, or evolution, in cybercrime from pervasive global outbreaks to smaller, stealthier attacks targeted at specific organizations ... | 23 Jan 2006 |
Banco Espírito Santo (BES), one of the major multi-specialist financial groups in Portugal, and IBM today announced a 150 million euro, 10-year outsourcing services agreement for IBM to manage the bank's information technology infrastructure. | 10 Jan 2006 |
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