Lloyds in £1.3bn tech outsourcing deal with IBM
Lloyds tech gallops offshore UK-based banking group Lloyds is to outsource its tech to IBM in a seven-year deal worth £1.3 billion, according to FT. More than 1,900 jobs will be shifted to IBM and £760...
View ArticleIBM Cloud comes to China
Wanda Plaza, Beijing Wanda Internet Technology and IBM have signed an agreement for the former to enter the public cloud business in China. This will be done via a new firm – Wanda Cloud Company –...
View ArticlePhilippines’ UnionBank picks IBM Cloud for app overhaul
UnionBank of the Philippines (UnionBank) has selected IBM Cloud to build, deploy, run and manage new apps for its digital customer base. Through the IBM Bluemix cloud platform and IBM API Connect,...
View ArticleFintech boosted by IBM’s quantum computing leap
IBM Q Fintech innovation could be getting a push as IBM has built and tested its most powerful universal quantum computing processors. IBM says this development opens up a range of possibilities within...
View ArticleFinastra heads to IBM cloud for digital banking
Fintech titan Finastra is turning to IBM to power its banking operations with cloud and cognitive technologies. As reported yesterday (14 June), Misys and DH Corporation (D+H) joined forces to create...
View ArticleNo silver lining for IBM cloud revenues
Despite a big push in its cloud-coated ambitions, IBM has revealed a drop in revenues for its technology services and cloud platforms. For its Q2 2017 results, revenues for this largest part of its...
View ArticleTradeIt teams with IBM Cloud for Financial Services
TradeIt and IBM Cloud for Financial Services have teamed up to help developers add universal brokerage functionality to financial apps, platforms, and websites, reports David Penn at Finovate. TradeIt...
View ArticleRed Hat to be acquired by IBM in “game changing” $34bn deal
Ginni Rometty, IBM: the acquisition of Red Hat “changes everything about the cloud market” IBM has reached a definitive agreement with Red Hat to acquire it for approximately $34 billion ($190 per...
View ArticleBNP Paribas and IBM show cloud commitment
The year is young but BNP Paribas and IBM will grow old together as they are extending their fintech partnership for eight years. Extending its partnership with IBM for eight years This alliance...
View ArticleCaixaBank extends IBM partnership to underpin new CloudNow service
CaixaBank has signed an extended partnership agreement with IBM to underpin its new CloudNow project. Caixa and IBM have a decades-long partnership The Spanish bank is aiming to improve its core...
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