The Commonwealth Bank plans to end a silo-based approach to IT that has seen the financial services giant's businesses act as up to six different customers when procuring products and services, chief executive Ralph Norris said.
The Commonwealth Bank (CBA) has appointed an expert in open systems architecture, investment management software and systems development to its top technology post.
The National Australia Bank has laid down a new, three-year information technology strategic plan to underpin an AU$1.8 billion investment designed to revitalise the troubled institution.
The National Australia Bank has consolidated responsibility for customer relationship management projects across its retail banking and wealth management arms in Australia under one senior executive.
St George Bank is to start running a disaster recovery facility for its group data warehouse from Anzac Day for the first time in a move that underlines the increasingly mission-critical nature of the data held in the warehouse.
The National Australia Bank has consolidated responsibility for customer relationship management projects across its retail banking and wealth management arms in Australia under one senior executive.
The National Australia Bank has taken a pre-tax writedown of AU$409 million on its software assets for the year as botched initiatives such as its notorious global enterprise resource planning project take their toll on the financial institution's full-year bottom line.
Compliance with increasingly rigorous reporting obligations and a thirst for customer behaviour information are driving the financial sector's rising investment in data warehousing and analytics.
Australian customers were today digesting the implications of last night's widely-predicted AU$7.6 billion acquisition of customer relationship management vendor Siebel Systems by Oracle.
Microsoft is gearing up to hold another series of security summits in Australia amid concern over a serious IE flaw and criticism of the time taken to deal with security issues.
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