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System News > Volume 110 > Issue 2 >

Sun in Financial Services
9 Apr 2007
#17933
Server Purchases Up in Financial Services Industry in 2006
More Purchases Projected, Survey Indicates

Two recent surveys provide a barometer on the financial services sector and its IT spending. Grant Thornton’s 14th Annual Survey of Bank Executives indicates that 73 percent of bankers plan on increasing their technology spending in 2007. Gartner has gathered statistics that show the financial services industry accounted for $13.2 billion in server purchases in 2006, up 3.2 percent from the prior year.

9 Apr 2007
#17935
Germany's apoBank Implements Sun ILM Infrastructure
Results in Improved Service, Reduced Administrative Costs

Germany's Deutsche Apotheker und Ärztebank or apoBank is the country's largest cooperative bank with more than 300,000 customers and assets of 31 billion EUR (41 billion USD). apoBank serves individuals and organizations involved in social welfare occupations, including pharmacists, physicians, dentists and veterinary surgeons.

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