IBM pumps resources into banking, software labs

IBM announced Wednesday that it has launched three new facilities at laboratories it calls Banking Centers of Excellence (BCOE), whose goal is to help clients in the financial services industry modernize their systems and create new business models to improve customer relations. Two of the BCOEs are integrated into existing IBM labs--one in Silicon Valley, the other in Poughkeepsie, N.Y. The third is part of the company's newly opened Software Solutions Laboratory in Seoul, South Korea. IBM said it has invested a total of $25 million in the two U.S.-based centers. Financial figures were not disclosed for the new Korean center, which also encompasses a High Performance On Demand Solutions Center for solving particularly complex IT problems, a service-oriented architecture solutions center, and a Ubiquitous Innovation Center for developing individual clients' technology and business strategies.

IBM said it opened the BCOE facilities to deal with new challenges that banks and other financial services institutions now need to address, including consumer dissatisfaction and indifference, tighter competition around the world, and rising costs of operation. Understanding the overall customer experience, IBM has said, is integral to developing successful new strategies.

[Commander_Spock]

Since "IBM announced Wednesday that it has launched three new facilities...

... at laboratories it calls Banking Centers of Excellence (BCOE)...". It will be good to know if these facilities will be addressing issues with regards to Development Banking (as can be reflected in its recent Development Banking investments in China) as distinct from those with regards to Commercial Banking. However--The way to go IBM as these moves look like good business strategies! Which OS is it going to be Linux, Windows or OS/2!!!

[Commander_Spock]

EUREKA! -- BRING IT ON IBM!

"The IBM Banking Center of Excellence is designed to help banking and financial institution clients (worldwide) by providing the knowledge, expertise and resources needed to greatly speed time to project completion and more importantly to assist in radically reducing the risks typically associated with banking core systems and back office transitions..."

http://www-03.ibm.com/systems/services/bankingcoe/


This is just great......................!

TWO TO BEAM UP SCOTTY!

[Commander_Spock]

And The "Winning" Applications Are....

... the ECLIPSE-BASED (SWT) LOTUS NOTES 8.0 with the integration of "OPEN" LOTUS SMARTSUITE (LOTUS 1-2-3) running on the IBM's (banking reliant) OS/2 WARP 4XXX... for "Real-Time" Communication, Collaboration and Coordination--Winners all the way. WOW!

[Commander_Spock]

AN "OPEN" INVITATION FOR REDMOND CAMPUS TO JOIN THE FUN!

Now that the OPEN DOCUMENT FORMAT STANDARDS (ODF) party held at the ISO for WORD PROCESSING is almost over; how about making plans to attend the upcoming party where "OPEN LOTUS SMARTSUITE" (1-2-3) is expected to be on the dancing floor again after loosing the competition to OFFICE. It should be real fun to see how OFFICE 2007 dances to the ISO's XML STANDARDS MUSIC with all those "INTERNATIONAL BANKING FOLKS" in attendance. Please don't be late a "second" time around for this another ODF PARTY!