Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  International Business Machines Corp.    IBM

Delayed Quote. Delayed  - 07/29 07:47:27 pm
160.655 USD   -0.44%
05:11p BUSINESS MACHIN : IBM and Sesame Street Transforming Education
08:05a WEATHERFORD : IBM Will Develop Analytics-leveraged Production Soluti..
08:05a WEATHERFORD : and IBM to develop new products for oil and gas produc..
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

International Business Machines Corp. : IBM Empowers SLIB to Manage Millions of European Stock Market Transactions

share with twitter share with LinkedIn share with facebook
share via e-mail
0
01/28/2013 | 02:42pm CEST

Paris - 28 Jan 2013: IBM (NYSE: IBM) today announced that SLIB, a leading software publisher and Application Services Provider for the European financial services industry, has upgraded its IT infrastructure with an innovative new IBM System to streamline and securely process an estimated 15 million stock market orders this year. The company provides cloud services to 50 European and global financial institutions to conduct their securities business.

Stock markets create some of the most challenging computing environments of any industry. Financial institutions serving their investment clients must flawlessly execute up to millions of transactions each day, managing massive volumes and varieties of financial data while staying on top of regulatory and security requirements.  

To meet these challenges, SLIB selected a new IBM Power 770 system equipped with the new POWER7+ processor. The new system is engineered with the latest data security and privacy technology, easily integrates with SLIB's cloud environment, and automatically ramps up processing performance to meet extreme financial market workloads including big data and analytics.  

"SLIB clients require the very best financial markets and shareholder services technologies that support their core business strategies. IBM Systems technology helps our company guarantee the highest service levels for our clients, giving us a competitive advantage over other companies that do not invest in innovation. Moreover, the built-in scalability and flexibility of the new Power Systems servers allow us to commit with new clients under very short deadlines," said Philippe Cognet, CEO of SLIB. 

Designed specifically for compute intensive workloads such as those required by financial markets, the Power 770, combined with IBM Content Manager, WebSphere MQ and Sterling software, supports environments with high volumes of sensitive data. As a result, SLIB can securely handle millions of securities transactions for each client such as orders and trades, clearing and settlements, and stockholder meeting votes.   

"SLIB is finding new ways to grow and lead with IBM technology in a highly competitive industry that is constantly changing," said Alain Henry, Vice President, Systems and Technology Group, IBM France. "Our companies have collaborated on the premise of innovation driving growth for over 20 years, keeping a sharp eye on evolving client needs."  

About SLIB 

Both a software publisher and an Application Services Provider, SLIB is a trusted partner to the financial services industry, always on the lookout for changes in the European securities landscape, by supplying its customers with innovative software solutions to streamline their securities processing and improve their performance, whilst mitigating their risks.  

SLIB solutions support securities order and trade, clearing, settlement, custody, online vote prior to General Meetings and risk control. 

SLIB has two strong shareholders: BNP Paribas and Natixis.

www.slib.com

About IBM Power Systems :

http://www-03.ibm.com/systems/power/

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on INTERNATIONAL BUSINESS MAC
05:11p BUSINESS MACHINES : IBM and Sesame Street Transforming Education
08:05a WEATHERFORD : IBM Will Develop Analytics-leveraged Production Solutions
08:05a WEATHERFORD : and IBM to develop new products for oil and gas producers
07:05a BUSINESS MACHINES : IBM releases Graph, a service that can outperform SQL databa..
07/28 BUSINESS MACHINES : Patent Issued for Software Test Automation Systems and Metho..
07/28 BUSINESS MACHINES : Patent Issued for Method of Forming Single-Mode Polymer Wave..
07/28 BUSINESS MACHINES : Patent Issued for FinFET with Reduced Source and Drain Resis..
07/28 BUSINESS MACHINES : Patent Issued for Generating a Chart Specification Based on ..
07/28 BUSINESS MACHINES' : Trademark Application for "EXPLORYS" Filed
07/28 BUSINESS MACHINES : Patent Issued for Magnetic Tunnel Junction with Post-Deposit..
More news
Sector news : IT Services & Consulting - NEC
07/28 Oracle to gain cloud clout with NetSuite deal; Ellison profits
07/28DJAPPLE : In China, Apple's Rivals Flex Muscles -- WSJ
07/25DJSalesforce Had Plans For Higher LinkedIn Bid -- WSJ
07/23DJSalesforce Would Have Bid 'Much Higher' for LinkedIn
07/20DJEMC : Shareholders Approve Dell Merger -- WSJ
More sector news : IT Services & Consulting - NEC
News from SeekingAlpha
05:10a There's A Lot Of Iron In The Cloud
07/28 Is Intel's Server Dominance Waning?
07/28 Apple Tops Dogs Of The Dow July Analysis
07/28 IBM : Sneaky Growth Play For Dividend Investors
07/28 3M : Investing In The Future
Advertisement
Financials ($)
Sales 2016 79 599 M
EBIT 2016 14 727 M
Net income 2016 12 058 M
Debt 2016 34 044 M
Yield 2016 3,25%
P/E ratio 2016 13,20
P/E ratio 2017 12,67
EV / Sales 2016 2,37x
EV / Sales 2017 2,38x
Capitalization 154 245 M
More Financials
Chart INTERNATIONAL BUSINESS MAC
Duration : Period :
International Business Mac Technical Analysis Chart | IBM | US4592001014 | 4-Traders
Full-screen chart
Technical analysis trends INTERNATIONAL BUS...
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 25
Average target price 154 $
Spread / Average Target -4,6%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Virginia M. Rometty Chairman, President & Chief Executive Officer
James J. Kavanaugh Senior Vice President-Transformation & Operations
Martin J. Schroeter Chief Financial Officer & Senior Vice President
Jeff Smith Chief Information Officer
Sidney Taurel Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
INTERNATIONAL BUSINESS..17.26%154 245
TATA CONSULTANCY SERVI..6.09%76 961
INFOSYS LTD-2.08%36 907
COGNIZANT TECHNOLOGY S..-3.55%35 074
VMWARE, INC.28.99%30 959
NETEASE INC (ADR)13.68%27 106
More Results