HP Helps Philippine National Bank Retool for Global Banking

HP Helps Philippine National Bank Retool for Global Banking

HP today announced that the Philippine National Bank (PNB) is leveraging HP’s Core Banking Hardware infrastructure and systems management as it transforms its global IT banking environment over the next three years. To service all of PNB’s branches worldwide, HP will supply a complete hardware platform for the bank’s transition from a combined mainframe and minicomputer (AS/400) environment.

The bank is moving toward a standard, open-system architecture based on HP Integrity Superdome servers running HP-UX 11i on new Dual-Core Intel® Itanium® 2 9000 Series processors (previously codenamed “Montecito”). The architecture also includes HP ProLiant servers and HP StorageWorks XP10000 Disk Arrays.

PNB will be among the first customers of Integrity servers using the new Intel Itanium 2 9000 series processor, which will run FLEXCUBE®, the core banking suite from i-flex® solutions. PNB’s more than 90 overseas branches, all presently running on discrete systems, will be standardized on the new architecture, thereby improving processes in key operations like financial reporting and consolidation. Locally, the new system also will lay the foundation for the bank’s global data center.

Read the complete Press Release