Commonwealth Bank of Australia has topped up its core banking war chest with a further $150 million aimed at bulking up analytical, risk and financial management systems, as well as extending its new platform to subsidiaries.
Commonwealth Bank of Australia subsidiary Bankwest today confirmed it would cut at least "a handful" of IT staff as part of a wider cull that has also seen the bank refrain from hiring an additional 50 IT contractors over the past few months.
National Australia Bank took the knife to its long-time chief information officer Michelle Tredenick this week, but was this a reflection of her perceived incompetence or simply a consequence of the manoeuvring at higher levels that seems endemic in Australia's incestuous banking IT community?
Commonwealth Bank of Australia today revealed its technology costs had continued to fall, down $30 million from the previous half-year to $380 million.
CommBank chief information officer Michael Harte claims that finding skilled staff for the bank's core banking system upgrade is a difficult task despite the recent spate of ICT redundancies.
This week the Australian online banking system was tested by an agent of KAOS Kevin Rudd and his $10 billion dollar fiscal package that, as Agent 86 would say, "missed it by that much" on knocking out the banking system.
If there's one jurisdiction that can claim to have learned from harsh experience in outsourcing, it's South Australia. Here's hoping others are paying close attention to how it applies those lessons.
Get an insider's look at Commonwealth Bank of Australia's technology operation with chief information officer Michael Harte in the first of our Changing of the guards series examining generational change in the nation's big four banks.
Will Suncorp chief information officer Jeff Smith stick around if the bank's rapid decline in value due to the credit crisis leads to a fire sale of several of its key divisions?
The bank's IT head tells of his challenges with ex- CEO and technology opponent, David Murray.
LogicaCMG's head of business development, Space and Defence division, discusses Beagle 2 and the European rival to GPS.
The New Year has seen inboxes continue to overflow with spam. Users may be getting irate, but how are Australia's IT managers coping with the influx?
Compassion and collaboration - Tim Ayling
It's important to intorduce compassion and collaboration into business says Tim Ayling at Sydney Ignite 3… Watch it now
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Tim Parson discusses how publishing one's own books has changed due to the internet at Sydney Ignite 3.… Watch it now
Location intelligence in the real world - Stephen Lloyd-Jones
Stephen Lloyd-Jones speaks about how he thinks location technology has taken a wrong turn and what can be done… Watch it now
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