19 October 2017
Find out more

Slib upgrades IT infrastructure with IBM

28 January 2013  |  4027 views  |  0 ATM 3 close up

Slib, a software publisher and Application Services Provider for the European financial services industry, has contracted IBM to help overhaul its IT infrastructure.

Slib has signed for the IBM Power 770 system equipped with the Power7+ processor to help it securely process an estimated 15 million stock market orders this year.

Big Blue says that its system is engineered with the latest data security and privacy technology, easily integrates with Slib's cloud environment, and automatically ramps up processing performance to meet extreme financial market workloads including big data and analytics.

Philippe Cognet, CEO, Slib, says: "IBM Systems technology helps our company guarantee the highest service levels for our clients, giving us a competitive advantage over other companies that do not invest in innovation. Moreover, the built-in scalability and flexibility of the new Power Systems servers allow us to commit with new clients under very short deadlines."
KeywordsCLOUD

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

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

Related stories

Citi turns to IBM's Watson supercomputer for Big Data challenge

Citi turns to IBM's Watson supercomputer for Big Data challenge

05 March 2012  |  12363 views  |  0 comments
IBM server crash hits Canadian bank services

IBM server crash hits Canadian bank services

25 January 2012  |  8930 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.fivedegrees.nl visit www.capgemini.com

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
15517 views comments | 12 tweets | 4 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
8710 views comments | 16 tweets | 22 linkedin
hands typing furiouslyHow artificial intelligence can deliver a...
8347 views 0 | 8 tweets | 9 linkedin
satelliteGates Foundation backs Ripple collaboratio...
7792 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
6961 views comments | 9 tweets | 17 linkedin

Featured job

Competitive base + commission + benefits
New York City, NY - USA

Find your next job