Westpac increases IT staff
Westpac (ASX: WBC) has announced that it has hired an additional 1930 staff to work on its technology transformation project.
Westpac (ASX: WBC) has announced that it has hired an additional 1930 staff to work on its technology transformation project.
Top-tier Australian bank Westpac this afternoon revealed it had over the past year deployed its own private cloud computing facility within its operations, working closely with the VMware, Cisco and EMC cloud consortium to do so.
Westpac's group executive for technology, Bob McKinnon, has outlined the bank’s technology strategy during the groups IT and productivity update, including the decision to delay the integration of its core systems with St George Bank’s Hogan platform until 2014. Instead, the bank will focus on customer facing technologies.
Westpac has confirmed that it is to suspend its $250 million migration to the Hogan banking platform from St George and Bank SA until 2014.
Collaboration and training are vital to the success of security projects, according to Westpac’s Chief Information Security Officer, Richard Johnson.
Top-tier Australian bank Westpac has chosen Fiserv’s online individual, business banking and corporate services for it’s online transformation program, where the bank aims to update the online services currently available to its customers.
The wholesale company behind the National Broadband Network (NBN), NBN Co, has scored another hiring coup, nicking senior talent from Westpac to bulk out its skills in dealing with technology vendors.
St George branches have been thrown back 50 years after a technical fault blacked-out tellers across Sydney and forced operators to fill out manual receipts.
Westpac has touted its ‘re-use’ strategy in its IT transformation program as giving the bank an edge on competitors.
Westpac CEO Gail Kelly has again talked-up the benefits of the bank’s merger with St George, flagging material gains derived from its IT integration.
The communications watchdog has threatened home insulation installers with fines of $2200 if they contact numbers listed on the Do Not Call Register.
Westpac Australia has flagged that it is half way through a two-year program to refresh its entire Australian automated teller machine (ATM) network.
Mail fraud and identity theft like that clamped down on by NSW Police this week could be eliminated if bank customers opt for electronic-statements, according to a security analyst.
Westpac CEO Gail Kelly has suggested the bank is likely to choose not to renew its decade long outsourcing relationship with IBM, due to expire next year, in line with a trend to move away from decade long all-of-IT approaches to sourcing.
Westpac will push ahead with core changes to its mammoth transformation project set to slash reporting times and balance financial control following its merger with St George.