28 May 2018
Visit response.ncr.com

HP affirms commitment to financial services marketplace

08 May 2002  |  5123 views  |  0 HP affirms commitment to financial services marketplace

HP is to step up its efforts to meet the needs of financial services firms with the launch of a new banking and brokerage business unit, following the completion of its merger transaction with Compaq at the end of last week.

HP's new Enterprise Systems Group will include a business unit focused solely on developing solutions that tailor business applications, computing infrastructure and services to retail and wholesale banks, card services firms, securities exchanges, settlement houses, investment banks, brokerages and insurance companies.

In the months prior to the HP and Compaq merger, in what continued to be a tight enterprise IT spending environment, the two companies' sales to financial services companies totaled nearly $1 billion, notes Peter Blackmore, executive vice president, HP Enterprise Systems Group.

Blackmore comments: "HP's and Compaq's strengths in this market were almost perfectly complementary and now they are combined to form an even stronger partner for our financial customers. We'll continue to expand our portfolio of partner company relationships, architectural and integration services, managed services and business-critical technologies we offer this industry."

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

EasyScreen in sales push with HP

EasyScreen in sales push with HP

12 March 2002  |  2687 views  |  0 comments

Related company news


Related blogs

Create a blog about this story (membership required)
Visit www.niceactimize.comVisit response.ncr.comvisit www.ebaday.com

Who is commenting?

Top topics

Most viewed Most shared
satelliteAnt Financial provides tech for China Ever...
37077 views comments | 3 tweets | 2 linkedin
Digital banking transformation creating new systemic risksDigital banking transformation creating ne...
9353 views comments | 18 tweets | 26 linkedin
ING opens developer portalING opens developer portal
7980 views comments | 18 tweets | 23 linkedin
MUFG to roll out blockchain payment network next yearMUFG to roll out blockchain payment networ...
7942 views comments | 13 tweets | 13 linkedin
PayPal and Google bind payment railsPayPal and Google bind payment rails
7633 views comments | 11 tweets | 17 linkedin

Featured job

to $120K base, 200K ote, benefits
New York City, NY - USA

Find your next job