Swiss Bank Corp./O'Connor Aims To Outsource Mainframe-Based Apps, As N.Y. Group Plans Move
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As it moves forward with its long-ongoing effort to migrate its trading systems to a client/server-based architecture, Swiss Bank Corp./O'Connor is considering outsourcing its remaining mainframe-based applications. Though officials at the bank either decline to comment or did not return calls seeking comment, other sources close to the bank say that it is committed to outsourcing all of its mainframe-based applications.
What's more, one source says that SBC/O'C has issued a $30 million request
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