IBM Financial Services - Announcements, Interviews & News Stories

IBM buys Ascential Software for $1.1bn

IBM (NYSE: IBM) and Ascential Software Corporation (Nasdaq: ASCL) today announced the two companies have entered into a definitive agreement for IBM to acquire the equity of Ascential Software, a publicly held company based in Westboro, Mass., in an all cash transaction at a price of approximately $1.1 billion or $18.50 per share.

15 March 2005

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Carreker teams with IBM to deliver fraud prevention services

Carreker Corporation (Nasdaq:CANI), a leading provider of technology and consulting solutions for the financial industry, today announced a new risk detection offering that enables companies to prevent fraudulent activities.

14 March 2005

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IBM acquires Equitant

IBM announced today that it has entered into a definitive agreement to acquire Equitant, a global business transformation outsourcing (BTO) provider that focuses on the management and optimization of the Order-to-Cash cycle for large companies.

03 February 2005

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Searchspace releases Anti Money Laundering v4.1

Searchspace today announced the latest and most powerful version of its market leading AML solution. V4.1 delivers improved performance in the key areas of application and system integration, ease of use, enhanced management reporting, and improved detection capabilities.

13 January 2005

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Bank of New York adds IBM's Paul Traynor London client executive team

The Bank of New York, a global provider of securities servicing, announces that it has appointed Paul Traynor to the role of client executive in London, as the Bank continues to develop its senior client executive team.

02 December 2004

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Flexcube now available on open standard IBM platforms

i-flex solutions (Reuters: IFLX.BO/IFLX.NS) and IBM today announced the availability of FLEXCUBE, – i-flex's core banking suite on a J2EE architecture using IBM Software. As part of a global partnership agreement, IBM and i-flex will jointly market, sell and deliver FLEXCUBE for core banking.

09 November 2004

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IBM and Pegasystems team to deliver banking solutions

IBM and Pegasystems Inc. (NASDAQ: PEGA) have formed a global strategic alliance to deliver payments exceptions and compliance management solutions to the world's top-tier banks and card issuers and acquirers, the companies announced today, in order to solve some of the most demanding challenges facing global financial institutions.

29 July 2004

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FNS' Bancs now available on IBM's AIX operating system

Financial Network Services (FNS), a leading provider of integrated and modular banking software and services, announced today the successful migration of its BANCS solution to the latest version of UDB running on AIX, IBM's UNIX operating system.

12 July 2004

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Fundtech's Global PAYplus now available on IBM's AIX operating system

Fundtech Ltd. (NASDAQ: FNDT), a leading provider of payments, cash management and settlement software and services, announced today the successful migration of its Global PAYplus system to AIX, IBM's UNIX operating system.

09 July 2004

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TCS expands relationship with IBM

Tata Consultancy Services (TCS), an implementer of global business strategies and information technology, announced that it is expanding its relationship with IBM to cross-sell each other's products and services.

25 June 2004

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IBM acquires the Business Continuity Services unit of Schlumberger

IBM, moving to further strengthen its already world-leading portfolio of information technology services, today signed an agreement with Schlumberger (SLB:NYSE) to acquire its Business Continuity Services unit, which has operations in Europe and the U.S.

13 April 2004

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IBM celebrates 40 years of Big Iron with new mid-size mainframe and storage systems

IBM today introduced the IBM eServer zSeries 890, an incredibly powerful mainframe for medium-sized enterprise customers, extending the unprecedented capabilities of the company's flagship IBM eServer zSeries 990 mainframe to mid-sized companies, at a lower entry cost and size.

07 April 2004

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