Barclays is to cut 1,800 IT posts in the UK as part of plans to create centrally managed technology "centres of excellence" in key offshore locations around the globe.
Phase one of National Australia Bank's core banking system replacement strategy will be completed by June this year, the bank's chief executive Cameron Clyne said today.
Technology has become an increasingly vital tool in the international fight to uproot terrorist financial networks, and measures are being taken to help financial institutions mine their customer data. What are the implications regarding consumer privacy?
Australian companies have long prided themselves on their highly inventive nature and global reputation as early adopters of new technology. But Australia's track record in commercialising technical know-how on the global stage is lamentable.
NAB yesterday told its employees which of its IT jobs will be offshored, after the bank took the decision to outsource some of its tech staff last year.
Five Aussie businesses take us behind the scenes during the early set-up phase of their tech companies.
Most of Australia's major banks are just beginning massive IT projects which will see them refresh their core banking systems. But as HSBC's Australian CIO Brenton Hush tells ZDNet.com.au, the global bank's local operation is already ahead.
Euphemism is alive and well again when it comes to axing jobs in America and elsewhere.
Australian investment house JBWere has played down the effect its merger with US investment bank Goldman Sachs will have on its IT department.
Infosys Technologies CEO Nandan Nilekani says outsourcing is a win-win proposition.
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