Westpac Bank Partners With IBM to Use SoftLayer Private Cloud Computing Services

Westpac Bank will transform its entire existing legacy banking systems to IBM’s private cloud computing services to make them modern, secure and efficient.

westpacGREATRESPONDER.COM – This was announced by IBM Corporation NZ today on Thursday August 21, 2014 that it has bagged a five year contract with New Zealand’s top bank for upgrading its digital banking systems by utilizing the private cloud computing infrastructure of IBM’s SoftLayer Company. The statement further elaborated that this contract is includes up gradation and migration of many digital services of the bank to the IBM cloud computing infrastructure based in Auckland data center of the company.

It was further informed in the statement that the modern IT infrastructure of the bank would be able to support many features, capabilities and online banking services of the bank based on the private cloud computing platform. Westpac Bank plans to run mobile banking services and many other digital banking services influenced by the trend on the social media and other form of modern communication. The bank is planning to run many online services based on the IBM cloud computing infrastructure to offer high level of security, reliability, scalability of the services on multiple platforms and devices such as, mobile, tablets, laptops, desktops and others. The single ID user access, and identity management is being enforced with the help of IBM cloud infrastructure to make the services more robust and secure.

“IBM’s private cloud platform would further enable increased development of Westpac’s digital capabilities as it responds to customer demands for a more personalized, convenient way of banking. The platform provides a robust and advanced infrastructure enabling a seamless online banking experience across multiple devices. This supports our goal of being New Zealand’s leading digital bank” says the interim CIO of Westpac bank, Mr. Jason Millett. He further added that, “In addition, IBM’s local and global expertise, commitment to work within our regulatory framework, deep knowledge of our business and industry, and responsive commercial models provide a market leading offering that can support our changing needs over time.”

In his official statement, Mr. Rob Lee, the MD IBM New Zealand said, “Westpac’s underlying IT systems must operate uninterrupted, be secure and be able to support future needs as customers increasingly engage on mobiles and tablet devices. Our relationship with Westpac New Zealand is one of our longest and closest, marked by a high degree of innovation and collaboration. We continue to invest in skills and advanced technologies including our cloud solutions to help deliver on their vision to be New Zealand’s leading digital bank.”

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IBM Acquires LightHouse Group, the Provider of Cloud Computing Security Services

The integration of cloud computing security services of LightHouse group into IBM cloud services will enhance the identity and data security of IBM cloud services.

ibm cloud computingGREATRESPONDER.COM – International Business Machine (IBM) Corporation has announced on Friday August 15, 2014 that, it has acquired LightHouse Group, the provider of cloud computing security services to enhance the identity and data security of the customers in the cloud. This acquisition was announced within less than a month of another acquisition completed by IBM. Earlier this month, IBM acquired CrossIdea, a cloud computing based security management software provider company. The financial terms and conditions of LightHouse acquisition were not disclosed in the official announcement of the company.

In his official statement, the General Manager of IBM Security Services, Mr. Kris Lovejoy said, “Business models are rapidly evolving as employees conduct more of their work offsite. Protecting this data and who has access to it has become a challenge, costing our clients time and money. With this acquisition, IBM provides a unique identity and access management offering that combines proven software and analytics technology with expert managed services that make it easy for businesses to tackle the complexities of security in this new digital world.”

Meanwhile, the Chief Executive Officer of LightHouse Security Group, Mr. Eric Maass, in his official statement said, “Our ability to match the power and capabilities of traditional enterprise offerings through a cloud-based service set us apart from the competition and fueled our success. We are excited to become part of IBM’s security offering and help customers continue to transform their operations while giving them the assurance that their most vital assets remain secure.”

It was further informed through the official statement of the company that, the integration of cloud computing based security services of Lincoln based Security group would enable the IBM cloud service to offer the most secure and reliable services to the enterprise customers, to whom the security is prime concern. LightHouse security is highly robust and innovative in the marketplace, as maintained by the IBM officials. It was further elaborated that the integration of CrossIdea security software and LightHouse Group would take the security and reliability of IBM cloud computing services to a new height.

Many analysts believe that Snowden Snoop-gate has impacted the business of large cloud service providers, and they want to reassure their customers by implementing very strong security management in their services.

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IBM Obtains a Cloud Computing Security Contract from a Large Chinese Financial Data Provider

IBM’s security contact from a Chinese financial company in the domain of cloud computing would open up new dimensions for the American technology firms in near future.

ibm cloud computingGREATRESPONDER.COM – Normally, Chinese companies are very reluctant to embrace the foreign technologies and equipment in the domain of security, especially in the cloud computing field; but, this new contract achieved by the Big Blue Company would pave the way for other technology companies to strengthen their businesses in this fast expanding economy of the world.

It was announced by the IBM company this week end that, it has acquired a big contract from a security financial data provider company based in Shanghai China in the domain of risk analysis of the data available in the public domain. The statement further elaborated that a large Chinese company named as Shanghai Wind Information would allow its public domain financial information of the company to process for the risk the information faces, with the help of the IBM owned software in the cloud. The financial company would neither install any IBM servers at its premises nor will it disclose the portfolio of the holdings. This entire process of risk analysis would be completed under the cloud computing based software platform of IBM in its data centers.

While talking about the prospects of this futuristic contract, the Director of Risk Analytics at IBM Corporation, Mr. Andrew Aziz, in his official statement said, “This is an innovative deployment model in that IBM never receives client information. IBM will respect Chinese law, and the new business model will continue to comply with the local laws, including data privacy laws in China and in all countries in which it operates”. He further insisted that the company is very committed to the privacy, security, and local laws of the land.

It is very important to note that after Snowden Snoopgate, many countries especially those, which have long history of fluctuating relationship with the USA like China, became so cautious about using the hardware and technology made in USA to avoid any kind of security risk to their public data. The situation even worsened when the USA confirmed that it can spy through the hardware made in USA in any other country and company.

With this new security contract of IBM in cloud computing domain would help other businesses to keep their hopes alive in this big market.

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