IBM Financial Services - Announcements, Interviews & News Stories

IBM unveils "world's fastest" automated options trading system prototype

Today, IBM (NYSE:IBM) unveiled a revolutionary prototype of the world's fastest automated options trading system.

09 April 2009

IBM to run Lloyd's Exchange messaging service

IBM (NYSE:IBM) today announces it has signed an agreement with Lloyd's, the world's leading specialist insurance market, to trial the new Lloyd's Exchange messaging service.

23 March 2009

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Viveo Cognitive Systems integrates IBM software into risk suite

Viveo Cognitive Systems (VCS), a leading Straight Through Processing and Anti-Money Laundering (AML) solutions provider today announced that they will be enhancing their VRisk suite with an advanced name recognition solution from IBM.

13 March 2009

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Malaysian interbank network upgrades IBM mainframe

Malaysian Electronic Payment System (1997) Sdn Bhd (MEPS) and IBM (NYSE:IBM) announced the completion of MEPS mainframe upgrade to the IBM System z9 Business Class (BC) which will enable MEPS to create an advanced and smarter Information Technology (IT) environment to cater to its explosive growth for one of its core services, Interbank GIRO (MEPS IBG).

19 February 2009

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Bank of New Zealand cuts carbon footprint with Red Hat on the mainframe

Red Hat, Inc. (NYSE: RHT), the world's leading provider of open source solutions, today announced that Bank of New Zealand, a subsidiary of the National Australia Bank Group, has deployed Red Hat Enterprise Linux 5 on IBM System z mainframes to solve environment, space and cost issues related to its data centre. With Red Hat and IBM solutions, Bank of New Zealand has significantly reduced its hardware footprint, power consumption, heat and carbon emissions and costs, including an expected 20 percent cost reduction over the life of the platform.

05 February 2009

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Korea Exchange renews IBM maintenance contract

IBM (NYSE:IBM) today announced that it has renewed a contract for integrated maintenance services with the Korea Exchange (KRX).

30 January 2009

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Fortent joins IBM SaaS Specialty

As the financial sector seeks to contain risk and rising compliance costs in the wake of unprecedented industry pressures, Fortent today announced it has joined the IBM Software as a Service (SaaS) Specialty to deliver new anti-money laundering (AML), Know Your Customer (KYC) and fraud systems as cloud services to leading large-and mid-sized financial institutions around the world.

18 December 2008

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IBM Data Governance Council targets new risk measurement reporting standards

In a move to provide businesses worldwide consistent tools for measuring aggregate risk in the financial world and provide a more a real-time view of market exposure, the IBM (NYSE: IBM) Data Governance Council is seeking input from banks and financial institutions, corporations, vendors and regulators to create a standards-based approach to risk reporting.

15 December 2008

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Macro 4 introduces 'no gain, no fee' programme for IBM mainframe users

Following a research project which identified that 84 per cent of mainframe users are looking to reduce the rate at which their systems consume expensive CPU capacity in the current tougher economic climate, Macro 4 has announced a 'no gain, no fee' programme to help tackle the issue.

08 December 2008

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Stac releases reports on Linux technology and market data workload

Stac has just released its second report involving real time Linux technology and a market data workload.

11 November 2008

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Nord/LB extends IBM IT services contract

The Norddeutsche Landesbank Girozentrale in Hannover (NORD/LB) and IBM (NYSE:IBM) have signed a five-year information technology (IT) services contract.

23 October 2008

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IBM expands loan fulfillment services

IBM (NYSE:IBM) today announced the expansion of its end-to-end loan fulfillment services to include new components and technology that will help lenders make better use of outsourcing services such as loan origination and loan fulfillment.

22 October 2008

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