News (4)

  • Just $30m for NAB's first step

    The National Australia Bank will approach the overhaul of its core banking systems cautiously over the next year, spending just $30 million on the Oracle-based first stage of the project, the bank's chief information officer Michelle Tredenick said today.

  • National Australia Bank group CIO to retire

    The National Australia Bank's group chief information officer (CIO) Ian MacDonald has flagged his intention to retire next year as restructuring at the institution sees his responsibilities distributed among regional CIOs.

  • NAB takes AU$200 million writedown on failed ERP project

    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.

  • NAB buy could create bigger IT shop

    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.

Features and Case Studies (1)

  • NAB takes AU$200 million writedown on failed ERP project

    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.

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