22 October 2017
Register now

Dresdner to speed compliance with IBM Regatta machine

27 March 2002  |  2978 views  |  0 Dresdner Ext

Dresdner Bank is to deploy the IBM eServer p690 - previously code-named Regatta - in a bid to speed up credit portfolio management and audit processes.

The German bank says it will use the new high-end Unix machine to run its BI/OLAP based solution for credit portfolio management and risk indication for corporate audit.

Achim Wagner, assistant general manager corporate centre IT credit and risk systems, Dresdner Bank, says: "With Regatta we are able to allocate the system resources to the exact necessary operational level. Furthermore, the established application system architecture is intended to be the technological foundation for all internal and external reporting requirements."

Introduced in December after a five-year development effort, the IBM eServer p690 features a system-on-a-chip design, with each chip containing two one-gigahertz-plus processors, a large memory cache and I/O interconnected with other components using a new high performance distributed switch design

The server can either be operated as a single large server or divided into as many as 16 "virtual" servers, running any combination of the AIX 5L and Linux operating systems.

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

IBM introduces financial messaging infrastructure

IBM introduces financial messaging infrastructure

27 March 2002  |  3522 views  |  0 comments
SunGard ports to IBM for STP campaign

SunGard ports to IBM for STP campaign

15 March 2002  |  3810 views  |  0 comments
Algorithmics and IBM in bank deal for collateral management ASP

Algorithmics and IBM in bank deal for collateral management ASP

14 March 2002  |  3488 views  |  0 comments
Alltel and IBM win Banque Populaire contract

Alltel and IBM win Banque Populaire contract

12 March 2002  |  3013 views  |  0 comments
IBM strikes $4 billion deal with American Express

IBM strikes $4 billion deal with American Express

25 February 2002  |  3537 views  |  0 comments
IBM joins National Bank of Canada ClicCommerce portal

IBM joins National Bank of Canada ClicCommerce portal

22 February 2002  |  5032 views  |  0 comments
E*Trade migrates to Linux

E*Trade migrates to Linux

30 January 2002  |  3133 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
Register nowvisit www.fivedegrees.nl

Top topics

Most viewed Most shared
Mastercard to roll out blockchain APIMastercard to roll out blockchain API
14392 views comments | 17 tweets | 28 linkedin
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
12998 views comments | 22 tweets | 28 linkedin
satelliteGates Foundation backs Ripple collaboratio...
9770 views comments | 13 tweets | 10 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
9628 views comments | 12 tweets | 23 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
8775 views comments | 9 tweets | 18 linkedin

Featured job

circa £250K total package
London

Find your next job