HCL Technologies has signed a wide-ranging deal with financial services software vendor Misys that will see the Indian outsourcer make further inroads into Australia's banking sector.
Sydney Water will soon decide on suppliers for a substantial portion of its IT spend over the next three years with the business planning to continue keeping a lot of its technology work at arm's length.
Australian companies are slowly but surely outsourcing more of their programming projects to countries like India but this could mean better jobs for Australian coders, according to the AIIA.
The Bank of Queensland has outsourced its IT services to EDS in a massive 10-year, AU$480 million contract.
National Australia Bank this morning said it was in discussions to buy the local arm of Dutch investment bank ABN AMRO, in a move that could enlarge NAB's IT support operation, already one of the largest in Australia.
ZDNet Australia meets with Michael Harte, CIO of the Commonwealth Bank to find out his views on security and sourcing (both out- and open-).
The CTO of one of Britain's largest banks talks about how he made it to the top, and how Barclays is facing the challenges of technical innovation and corporate governance legislation.
The question on the lips of most CIOs is no longer whether to send work offshore. It's a question of how much to send.
The CIO must act as the link between IT and the wider strategy of the business, and not get too bogged down in technology alone.
Australians are continuing to turn to electronic banking channels despite excessive hype over security problems such as skimming and hacking, according to the Commonwealth Bank of Australia.
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