[3243] in comp.os.os2.announce archive
PR: IBM's Warp Family Gains in Banking and Finance
daemon@ATHENA.MIT.EDU (Timothy Sipples)
Thu Aug 7 09:38:11 1997
To: os2ann.DISCUSS@bloom-picayune.MIT.EDU
Date: 07 Aug 1997 07:09:00 -0400
From: tsipple@us.ibm.com (Timothy Sipples)
Reply-To: tsipple@us.ibm.com (Timothy Sipples)
Reply-to: tsipple@us.ibm.com (Timothy Sipples)
[Followups directed to comp.os.os2.misc]
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512-838-9645 rasmusen@us.ibm.com
Ian Colley IBM
914-642-6219 icolley@vnet.ibm.com
IBM OS/2 PRESENCE IN THE BANKING INDUSTRY GROWING
AUSTIN, Texas, July 28, 1997 . . . According to a new study from the Mentis
Group, a leading research firm for the financial services industry, IBM's
OS/2* Warp operating system strengthened its place among large banking
institutions in the U.S. in 1996. The group reported that use of OS/2 for
servers increased from 32 to 42 percent in U.S. banks and use of OS/2 as a
primary client increased from 25 to 35 percent.
"We have made it a top priority to cement our position as a leading operating
system provider within the banking industry. This study confirms our strategy
of growing OS/2 market share with medium to large enterprise customers," said
Mike Lawrie, general manager, IBM Personal Software Products division. "Our
success with large customers can also be attributed to the fact that many of
them are interested in implementing network computing solutions while
maintaining their existing software investments. OS/2 Warp allows customers
to do that."
OS/2 Controls a Major Share of Server Operating Systems in Large Banks
The report, "1997 Banking Systems and Technology: Retail Delivery and Branch
Automation," states that of the more than 40,000 servers currently installed
in large banks, almost 16,000 are running under OS/2. Nearly all (95 percent)
of these OS/2-supporting servers are owned by institutions with deposits
greater than $1 billion.
The 10 percent increase in OS/2's server market share is due to the addition
of 22 OS/2-supporting institutions. The other large banks made little change
in the operating systems running on their servers.
"OS/2 continues to be a prominent operating system within the branch client
server environment of large banks in the U.S.," said Dr. James Moore,
president and CEO, Mentis Group. "Our research also shows OS/2 to be even
more prevalent among European banks."
OS/2 is the Primary Operating System used by Branch Servers in Large
Institutions
OS/2's strength in the upper tier of the industry is particularly noticeable
among the largest banks (greater than $4 billion in deposits). One-half of
these institutions name OS/2 as their primary server operating system.
Banks Rely on OS/2.
Chevy Chase Bank, based in Maryland, developed an OS/2-based intranet
application to connect its 125 bank branches. Installed on IBM desktop
computers, the solution, called "Branch Delivery System" (BDS), consists of an
OS/2 server and 8-15 OS/2 clients in each branch. Across the bank's branch
network, BDS processes tens of thousands of financial transactions, new
account setups and on-line signature verifications on a daily basis.
First Virginia Banks, Inc. relies on OS/2 to manage more than 350 servers and
3,500 clients located in bank branches in Virginia, Maryland and Tennessee.
Each branch runs one LAN on OS/2 Warp Server and approximately 10 desktop
clients on OS/2 Warp.
IAG Credit Union, a full service financial institution offering retail
banking products to customers throughout the U.S., uses IBM technology to
provide its customers mortgage and trading services and automatic drafts
electronically through voice recognition. The bank maintains 25 servers at 7
branches running OS/2 Warp Server. There are also servers running Novell
Netware** and Microsoft Windows NT***, which connect to OS/2 Warp Server. In
addition, the bank's network of 250 clients is made up of various platforms
including OS/2 Warp 4, Windows NT and Windows 95***--all connecting to OS/2
Warp Server.
OS/2 Warp 4 and OS/2 Warp Server
IBM is the largest software company in the world and is the home of the OS/2
Warp family of products. OS/2 Warp is an ideal operating system solution for
today's network computing environments, offering customers a true
cross-platform business solution that delivers on the promise of network
computing. Within the OS/2 Warp family of products customers will find
features such as Internet/intranet connectivity, integrated Java support and
dependable systems management. The OS/2 Warp operating system is the
foundation for this broad family of products, which includes OS/2 Warp, OS/2
Warp Connect, OS/2 Warp Server, OS/2 Warp Server Advanced SMP and the
Directory and Security Server for OS/2, one of the IBM Software Servers.
###
* IBM and OS/2 are registered trademarks of International Business Machines
Corporation.
** Netware is a registered trademark of Novell, Inc.
*** Windows, Windows NT and Windows 95 are trademarks of Microsoft Corp.
For Internet users, IBM offers complete information about the company, its
products, services and technology on the World Wide Web. The IBM home page is
at http://www.ibm.com. The fastest, easiest way to find any information about
IBM software is to go to the IBM Software home page at
http://www.software.ibm.com. IBM press releases can be found at
http://www.ibm.com/news/uspress.html.
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