IBM Financial Services

565 results about this entity

Period: 11 Jun 2004 - 08 Oct 2025

Corporates queuing up to join Swift says HSBC

HSBC is forecasting a sharp increase in corporate membership of Swift after releasing research which shows business enthusiasm for the new open access model gaining ground.

City trading jobs to fall by 90% as banks take up algorithmic technology

The number of traders employed in the City of London will have fallen by a massive 90% by 2015 because more banks are moving towards all-electronic algorithmic trading operations, according to a white paper released by IBM.

BNP Paribas rents super-computing capacity off IBM

BNP Paribas has gone live with an on-demand computing service from IBM to run power-hungry pricing and modelling applications across its fixed income derivatives operation.

IBM buys Internet Security Systems

IBM has signed a definitive agreement to acquire Atlanta-based Internet Security Systems in an all-cash transaction worth around $1.3 billion.

Banca Marche signs IBM to revamp branch network

Italian banking group Banca Marche has awarded IBM a five year contract to overhaul and automate its retail branch network.

Banco Sabadell signs with SAP and IBM for e-procurement platform

Spanish banking group Banco Sabadell has signed a contract with IBM and SAP for the development and implementation of an electronic system to automate and streamline its procurement processes.

IBM helps businesses plan for bird flu

IBM is introducing a consulting service designed to help businesses plan for a widespread outbreak of avian flu.

IBM reports El Monte IT services deal

Spanish savings bank El Monte has signed a new six year IT services agreement, worth EUR29 million, with IBM.

Viewpointe selects IBM to build new cheque image archive

US-based Viewpointe, a bank-owned provider of cheque imaging services, has signed a five-year, $174 million deal with IBM for the development of a new national cheque image archive.

Electronic trading to drive market transformation

Expanded electronic trading will be the main driver of change in the European financial markets over the next ten years, according to a joint study by IBM and the Economist Intelligence Unit.

IBM signs Kyobo Life Insurance to IT services

IBM has won a ten year IT outsourcing contract, worth $340 million, with Korea-based Kyobo Life Insurance.

IBM backs open source alternative to Microsoft ID management scheme

IBM, Harvard Law School's Berkman Center for Internet & Society, Novell, and Parity Communications have come together to develop an open source alternative to Microsoft's InfoCard identity management scheme.