Commonwealth Bank chief information officer Michael Harte has flagged utility computing as the next frontier in the bank's battle to lower IT costs.
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.
St George Bank chief information officer John Loebenstein will retire at the end of June this year, with the bank restructuring its technology division in his wake.
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.
The federal government has moved to set minimum standards across its agencies for checking employees or contractors are who they claim to be and that their qualifications are genuine.
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