The deal marks the first deployment of mainframe technology in Namibia.
Implementation of the IBM system was completed this month and forms part of FNB Namibia’s $15 million project to localize its core banking systems and operations in Namibia. Previously, FNB Namibia, which is majority owned by FNB South Africa, had its server infrastructure and the data of more than 400,000 customers residing in South Africa.
FNB Namibia joins a growing list of companies in emerging economies relying on IBM System z to build their infrastructures.
For example, IBM in April announced its first System z sale to a commercial bank in India -- a $10 million, seven-year win at Housing Development Finance Corporation Limited Bank. Other growth markets where IBM has won new mainframe business include China, Korea and Russia.
Businesses and governments in these emerging markets are modernizing their IT systems in banking, retail and other key sectors to compete in an interconnected world. IBM System z mainframes provide one of the world’s highest levels of security and are unmatched in reliably managing high levels of transactions.
The FNB Namibia project responded to a directive from the central Bank of Namibia to localize all banking infrastructure and IT systems in Namibia before the end of 2009. Working with IBM, FNB Namibia has managed to complete the project, which includes all information technology systems, documents and data relating to customer transactions, the bank’s business affairs, property, assets and liabilities, well in advance of the deadline.
"FNB Namibia’s investment in the latest, industry-leading IBM mainframe systems and software has helped us to build a dynamic core banking platform as well as meet all regulatory requirements," said Advocate Vekuii Rukoro, Group Chief Executive Officer of FNB Namibia Holdings, at a media briefing today. "Importantly, the project to localize Namibia’s banking infrastructure has brought technological advancement, knowledge transfer and created jobs for Namibian professionals."
"The decision of FNB Namibia to select IBM for its core banking platform demonstrates the strengthening of our long relationship with the bank and its parent company in South Africa," said Oliver Fortuin, General Manager, IBM Sub-Saharan Africa. "The mainframe solution will help FNB to accommodate growth, ensure cost effectiveness, business continuity and improve services for customers."
Launched in 2008, the IBM System z10 Business Class helps organizations cut energy costs by up to 90 percent and simplify data center requirements.
For more information about System z, visit http://www.ibm.com/mainframe.
Here are some great resources on developerWorks for software developers working with System z.
IBM developerWorks : WebSphere on System z
Official IBM Web site for WebSphere software running on IBM zSeries servers, System z, z/OS, and OS/390 for enterprises who need superior quality of service, reliability, scalability, and flexibility. ... region Related links Local sites WebSphere on System z IBM provides WebSphere software on System z for enterprises who need superior quality of ... answers you need. Latest content Learn how SOA on System z supports your business objectives.
Trial: Rational Developer for System z V7.5 overview
Download a free trial version of Rational Developer for System z V7.5, which consists of a common workbench and an integrated set of tools that support end-to-end, model-based development, run-time ... Related links Local sites Trial: Rational Developer for System z Download a free trial version of IBM® Rational® Developer for System z™ V7.5, which consists of a common workbench and an integrated ...
Enterprise Modernization sandbox for System z
The IBM Enterprise Modernization sandboxes allow you to evaluate the IBM Enterprise Modernization solutions for System z and IBM i, through practical, hands-on experience. These solutions focus on five key modernization areas: Assets, Architectures ... flexibility. The IBM Enterprise Modernization Sandbox for System z™ is designed to help you quickly evaluate our latest products for modernizing and deploying core System z applications in a "tinker, test, and try" environment without ...
IBM developerWorks : Rational Developer for System z
A collection of technical developer resources supporting Rational Developer for System z. ... Local sites Rational Developer for System z Find technical developer content and ... for IBM® Rational Developer® for System z with Java and IBM® Rational Developer® for System z with EGL. Updated 19 Nov 2009 This ...
Writing Java applications for System z
Create, run, and debug Java applications for z/OS (System z) using steps similar to other target environments.f ... links Local sites Writing Java applications for System z WebSphere Developer for System z levels the playing field for Java on the mainframe ... Learn how to use IBM® WebSphere® Developer for System z Version 7 to create and debug Java™ applications ...
Redbooks - Exploiting IBM System z in a Service-Oriented Architecture
... book dedicated to SOA solutions on System z then? The answer is quite simple: the combination of the System z hardware, the operating systems that run on System z, and the SOA middleware provide specific ... rdb1SG247651 Attachmenttext Exploiting IBM System z in a Service-Oriented Architecture ... Reference Architecture software Leveraging System z quality of service Alex Louwe Kooijmans ... Support Organization Exploiting IBM System z in a Service-Oriented Architecture ...