TITLE

A Batch of Trouble for NAB

AUTHOR(S)
Adams, John
PUB. DATE
February 2011
SOURCE
Bank Technology News;Feb2011, Vol. 24 Issue 2, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the information technology (IT) troubles of the National Australia Bank Group Ltd. (NAB). It mentions that the institution has been forced to issue public apologies and faces threat of class action suits from its clients due to the occasional offline of its legacy systems. Meanwhile, International Business Machines Corp. (IBM) will manage and transform the infrastructure of NAB under their outsourcing agreement which will include mainframes, storage and hosting services.
ACCESSION #
58688747

 

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