IBM news from FierceFinanceIT
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Mainframes to storm financial services?
IBM (IBM news) announced its latest mainframe line, the zEnterprise, with some eye-catching claims. It touts the new product as the most powerful mainframe ever with tremendous energy efficiency; the... Read more...
IBM embroiled in dispute over banking outage in Singapore
When in doubt, always blame the vendor. Big name technology vendors are accustomed to being thrown--or perhaps merely shoved--under the bus by clients. But rarely do these sorts of disputes explode... Read more...
IBM, other vendors eye overseas markets
What looms as the next big market for financial services technology vendors? North America is creeping back to life as the recession ends, but the lure of BRIC remains powerful. Brazil, Russia, India... Read more...
IBM to buy Sterling Commerce to enhance bank offering
Adding to its impressive suite of enterprise software, IBM (IBM news) has agreed to buy Sterling Commerce from AT&T for $1.4 billion. Sterling Commerce is well known in the banking industry for... Read more...
Time to embrace green data centers
Big banks have won public praise for their efforts to go green with their data centers (data center news), which are undeniably energy pigs. Citigroup (NYSE: C), HSBC and PNC are among those who have... Read more...
The big picture: IBM and the financial services industry
If you aim to really own the financial services industry (financial services news) as a tech vendor, you had better be more than a product pusher--a simple reseller. It's all about subscription... Read more...
A big picture look at bank IT woes
The Economist has decided to weigh in with a big-picture view of the banking industry's IT spending. No other industry spends as much on technology, "about $500 billion globally," the magazine says,... Read more...
Most respected financial IT vendors?
A recent Aite Group survey asked financial institutions executives which vendors they most admire. The result was a timely look at the industry and which vendors are poised to fare the best in 2010.... Read more...
The real reason to replace your core
Core systems are not easy to change. They're expensive and fraught with uncertainty, and frankly it doesn't happen as much as it used to. Bank Systems & Technology notes the heyday of core change... Read more...
The National Institute of Finance, is the time now?
A group of former regulators, academics and Wall Street executives are pushing an initiative called the National Institute of Finance (NIF). This facility would essentially gather data on trades and... Read more...
