Indian services company Tata Consultancy Services announced today it had purchased Sydney-based core banking solutions vendor Financial Network Solutions for about US$26 million.
The Commonwealth Bank (CBA) has appointed an expert in open systems architecture, investment management software and systems development to its top technology post.
Investment and superannuation organisation Russell Investment Group has signed a seven-year, AU$140 million business transformation outsourcing deal with IBM.
The National Australia Bank has replaced chief information officer Ian Crouch with the current executive general manager of financial services Australia, Ian MacDonald as part of a management restructure designed to rebuild the reputation of the financial heavyweight.
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 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.
Two document management specialists talk about their business strategies.
The PeopleSoft-J.D. Edwards merger will enhance the combined entity's standing in the enterprise software space in Australia and pose a serious threat to SAP.
Telstra shareholders fear break up
What do Telstra shareholders think of the telco's new CEO David Thodey? And would they support the government'… Watch it now
The Change Program changes its Agenda
What happens when you change the agenda of the ATO's Change Program, or program in some changes to the Agenda?… Watch it now
Microsoft's Tracey Fellows on Windows 7
After the launch of Windows 7 last week, ZDNet.com.au spoke briefly with Microsoft Australia and New Zealand M… Watch it now
Has New Zealand's smiling assassin delivered?
The long-awaited separation of Telstra
Google open-sources JavaScript tools
What makes you click?
Tell us for a chance to win a $1,000 GAME gift voucher.
Click here for more.
Win an iPhone 3GS!
Sign up as a ZDNet Australia member during November and you'll go in a draw to win an iPhone 3GS!
Click here to sign up!
Best Laptops
Check out the best laptops here!
Click here for more.