Post Tagged with: "IBM"

IBM Acquires Promontory

IBM Acquires Promontory

by September 29, 2016 at 12:48 pm 0 comments

IBM has acquired Promontory Financial Group, the consultancy founded by former Comptroller of the Currency Eugene Ludwig. Terms were not disclosed, but sources suggest IBM may have paid upwards of $300 million for the company. IBM said Promontory, which specializes in regulatory compliance consulting for financial institutions and employs 600Read More

IBM Offers Expanded Services and Security for Blockchain Developers

IBM Offers Expanded Services and Security for Blockchain Developers

by May 2, 2016 at 12:58 pm 3 comments

The financial industry has long discussed the benefits of adopting blockchain – or distributed ledgers – in its operations. Storing records in the cloud are still a major concern, as FIs try to figure out how to tap into the technology, but IBM’s announcement last week may go some way toward removingRead More

The ‘Secret’ Video of IBM’s Digital Banking Platform

The ‘Secret’ Video of IBM’s Digital Banking Platform

by December 4, 2015 at 12:24 pm 3 comments

Have you seen the latest IBM Banking video? We’re guessing the answer is no, because the latest video only has 56 views (and we watched it a few times.) Here it is: The video is a pitch aimed at banks, and was released the day before Thanksgiving. The marketing video has strongRead More

Why the Apple-IBM Deal Matters More to Banking Than You Might Think

Why the Apple-IBM Deal Matters More to Banking Than You Might Think

by July 16, 2014 at 11:52 am 1 comment

It would be easy to dismiss the Apple-IBM partnership announced yesterday as an iPhone sales deal. In fact, the deal has significant implications for banking and banking technology. Hear that, SAP? At the heart of the deal is a new opportunity for Apple to sell to corporations through IBM, which owns corporateRead More

VIDEO: ‘Cloud Banking’ Is a Game Changer, IBM Says

by March 7, 2014 at 2:40 pm 0 comments

IBM executives Ken Muckenhaupt and Chris Spaight sat down to talk IT in financial services. Their ten-minute chat spans marketing, security and larger banks selling IT services to smaller banks. Cloud-computing, an IBM specialty, is called a game-changer, and, Muckenhaupt said, “The game change occurred this year.”

VIDEO: IBM Says Crypto-Currency, Bitcoin Will ‘Change the World’

by November 6, 2013 at 10:44 am 1 comment

IBM is officially on the Bitcoin bandwagon. In an interview with Finextra that was published today, Richard G. Brown, executive architect for banking and financial markets at IBM, said crypto-currencies, bitcoin being the first of them, will “change the world, but not in the way that we think.” Brown saidRead More

VIDEO: IBM on Why Now Is the Time for the Customer-centric Banking Model

by May 24, 2013 at 9:40 am 0 comments

Mike Hobday, banking practice leader, IBM Global Business Services, UK and Ireland, talks to Finextra about the challenges banks face when creating a customer-centric business model. While banks “have been talking about this for a long time,” Hobday argues that now is the time when banks will truly shift theirRead More

Is Application Performance Management Becoming Obsolete?

by March 4, 2013 at 12:22 pm 1 comment

New analytics service that monitors transaction usage, as well as performance characteristics from users, devices, and hosts, and then pushes that data via the user interface and an API.

What Needs to Happen for Mobile Mortgage Originations to Become a Reality

What Needs to Happen for Mobile Mortgage Originations to Become a Reality

by January 22, 2013 at 10:35 am 10 comments

It’s well known that the mobile channel is effective for simple transactions, such as checking balances, making deposits, and even paying bills. But what about the transactions that typically take place in the branch, such as loan originations? Will processing the lengthy documents for such products ever work on aRead More

Societe Generale Partners with IBM Banking in Credit Risk Managment

by November 14, 2012 at 12:28 pm 0 comments

Societe Generale, a Paris, France-based bank, chose IBM Banking to help with its CVA (Credit Valuation Adjustment) Desk, a risk-management tool. In the face of stringent Basel III requirements, the process of managing default or counterparty risk is increasingly important and increasingly complex.