Post By Martin 0 Comments
March 2009 30

IBM continues to deliver

IBM

EON Bank Group Selects IBM Power Servers for Infrastructure Transformation
Group Invests RM20 Million in IBM Power 550 Express, Powered by Silverlake Axis Integrated Core Banking Solution

KUALA LUMPUR, MALAYSIA     -     27 Feb 2009: EON Bank Group has implemented the IBM (NYSE: IBM) Power 550 Express server to accelerate the bank’s transaction process and improve its back-end system, allowing faster data access with applications running 24 by 7. The RM20 million (USD5.5 million) investment was done to upgrade the group’s core banking applications and disaster recovery site, which is expected to further improve the banking group’s commitment, delivery and efficiency to its customers.
Speaking at a press conference with IBM Malaysia and Silverlake Group to announce the implementation, EON Bank Group Chief Executive Officer Albert Lau Yiong said, “We are proud to be the first financial institution in Malaysia to acquire this new system, which will improve business responsiveness and customer service efficiency.”

Anything IBM can do to aid the bank in it’s ability to improve customer experience and at the same time improve revenues or business opportunities has to be a good thing.




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