22 November 2014

China's ICBC chooses IBM for disaster recovery

27 August 2014  |  4118 views  |  1 Shanghai skyline 2

Industrial and Commercial Bank of China (ICBC) has rolled out IBM's Active-Active mainframe technology to provide business continuity and disaster recovery for its global branches.

Active-Active has been deployed in the state-owned bank's Shanghai data centre, which supports branches in 40 countries around the world.

Big Blue claims that its technology provides "near-continuous" availability, helping to guarantee the real-time delivery of more than two terabytes of account data that moves daily at the bank.

Lin Xiaoxuan, CTO, ICBC, says: "IBM mainframes have consistently helped us keep our IT systems steady and safe and will continue to do so in the future."

The deal is a coup for IBM, coming after recent media reports that China's government had told the country's banks to remove the IT giant's technology over security concerns.

Forrester analyst Gene Cao told Reuters that while the Chinese government does want banks to cut their reliance on foreign technology, talk of a ban is overblown.

Comments: (1)

Hitesh Thakkar - Payments Consulting Network - Mumbai | 28 August, 2014, 15:27

This may be Lenovo effect :)

Be the first to give this comment the thumbs up 0 thumb ups! (Log in to thumb up)
Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board, sign up now.

Related blogs

Create a blog about this story (membership required)

Related stories

25 July, 2014
04 June, 2014
12 December, 2013
05 December, 2013
17 August, 2009

Related company news

 

Featured job

to $175k base, double OTE, benefits
New York City, NY (USA)

Find your next job