BankWest's existing technology platform would continue to underpin its operations until the Commonwealth Bank has fully moved across to its new core banking system in 2011, the bigger bank revealed today as it detailed its takeover plans.
Accenture this morning announced it had won a five-year, multimillion dollar contract with Telstra to maintain the new customer care and billing platform that the IT services giant helped develop.
The Australian office of technology consulting company Accenture has no plans to lay off staff, despite outlining significant redundancies in its UK office in response to the global financial services crisis.
Accenture UK has confirmed it is to cut 300 to 400 jobs in the wake of the downturn in the financial services sector.
The Australian Taxation Office has pushed back the completion date for its $724 million IT Change Program by 18 months in order to comply with new government requirements and allow more bedding down time for major updates.
US-based pharmaceutical giant Bristol-Myers Squibb has signed a 10-year outsourcing deal worth US$550 million with Accenture.
Commonwealth Bank of Australia chief information officer Michael Harte received an increase just shy of $1 million to his total remuneration package in the 2008 financial year, according to the bank's annual report released today.
Citing a slow down in financial services, IT outsourcing firm Tata Consultancy Services has chopped 15 SAP specialists from its Australian financial services division.
Project Phoenix, AGL Energy's four-year revamp of its billing and computer systems, has produced $25 million worth of savings for the gas giant, with 1.6 million customers migrated to the company's new billing platform.
Commonwealth Bank CEO Ralph Norris today said the bank had cut its technology spend by 6 per cent on last year, and had claimed "first-mover advantage" in its decision to overhaul its core banking systems ahead of other major rivals.
The Australian Securities and Investment Commission (ASIC) today said it would shortly go to market for technology suppliers for a $115 million IT core systems refresh project that had been in limbo since the federal election in November last year.
Today 38 Australian universities held their first joint meeting to tackle what some have described as a "catastrophic" drop in the numbers of Australian students enrolling in information and communications technology courses.
The Australian arm of IT services multinational Unisys has placed an advertisement for an evangelist to plug open source software locally, with a potential pay packet of AU$250,000 per year.
National Australia Bank this morning said it was in discussions to buy the local arm of Dutch investment bank ABN AMRO, in a move that could enlarge NAB's IT support operation, already one of the largest in Australia.
It's crunch time for National Australia Bank's technology operation with a review kicked off this week into offshoring opportunities and a replacement of the group's core banking platform on the horizon.
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