Business Cloud News
All articles by : David BannisterRSS

Huawei, partners push cloud transformation for financial IT

He: Concentrating on core competencies

As part of its expansion into IT services and the financial services markets, Chinese telecoms giant Huawei has partnered with 11 banking IT solution providers to establish an open platform ecosystem for the finance industry, reports Banking Technology.

Citizens Bank signs 5-year managed services deal with IBM

Citizens Bank has tapped IBM for a managed services deal

Citizens Bank is moving its back-end technology infrastructure to a managed services environment following the signing of a five-year IT services agreement with IBM.

NCR offers cloud control for Android-based ATMs

NCR says Kalpana can nearly halve the time it takes to deploy new services

NCR has announced a radical new approach to ATM network deployment, with a cloud-based enterprise application allowing banks to control and manage thin-client devices running a locked-down version of the Android operating system.

Financial services firms still cagey about cloud computing


Cloud computing is becoming more prevalent throughout the financial sector but many firms say they are less than halfway to having a firm cloud strategy in place, with controls and security remaining primary concerns.

Deutsche Bank signs 10-year modernisation deal with HP

Deutsche Bank HQ

Deutsche Bank and Hewlett-Packard have announced a 10-year, multi-billion dollar agreement that will see parts of the bank’s global IT systems rationalised and migrated to HP platforms.

BT gets personal with on-the-fly video service


BT has formally announced the availability of a personalised video capability as part of its Cloud Contact portfolio of services following pilot projects with two UK retail banks.

SIA sees 270% processing improvement with Red Hat virtualisation roll-out


Milan-based payment processing specialist SIA says that a migration of its systems to the Red Hat Linux environment has led to a 270% reduction in processing times.

Bloomberg hybrid cloud service opens access to ‘dark data’ for firms

Collet: opportunities to use dark data

Bloomberg Vault has introduced a hybrid cloud-based service that enables firms to “identify, categorise, track and manage” unstructured data held in corporate files and documents.

IBM touts “10x times faster software driven innovation” through DevOps in the cloud

Kloeckner: “business as a service”

Combining development and operational deployment of software into a more integrated cycle can greatly improve time to market and improve efficiencies, delegates at the annual SifmaTech trading systems conference and exhibition in New York were told.

The hardware guy: how Bank of America is building a new infrastructure

Reilly: constant reinvention is crucial to success

David Reilly, head of the Technology Infrastructure unit at Bank of America, began his career in financial services IT started in the UK working nightshifts in the kind of environment where magnetic tapes had to be loaded for batch processes to run and the concept of real-time processing was not a factor.