Members Equity Bank Pty Limited

Entity type image
Type: Company
Name: Members Equity Bank Pty Limited
First reported May 20 2013 - Updated May 20 2013 - 1 reports

Your Say: Linux Is the Best Windows XP Alternative

Windows XP will no longer receive updates and security patches as of April 8, 2014, so the Softies are now urging everyone to dump the 11-year-old OS and move to a newer product.Basically, Microsoft is using the security argument to show users that upgrading ... [Published Softpedia - May 20 2013]
First reported May 04 2013 - Updated May 04 2013 - 1 reports

Linux option $100k more than Windows, claims Members Equity Bank

Small Australian bank Members Equity Bank (ME Bank ) has issued a joint statement with Microsoft claiming that using Linux as its core operating system underpinning its new core banking platform would cost $ 100,000 more than using a platform based ... [Published The Australian Society of Entrepreneurs - May 04 2013]
First reported May 01 2013 - Updated May 01 2013 - 1 reports

Bank Chooses Windows over Linux Because “It’s Cheaper”

Members Equity Bank is one of the companies that decided to pick Windows over Linux, explaining that the final costs of an open-source operating system would be a lot higher.The Australian bank decided to deploy Windows Server 2012 and SQL Server 2012, ... [Published Softpedia - May 01 2013]
First reported May 01 2013 - Updated May 01 2013 - 2 reports

Linux option $100k more than Windows, claims Members Equity Bank

news Small Australian bank Members Equity Bank (ME Bank) has issued a joint statement with Microsoft claiming that using Linux as its core operating system underpinning its new core banking platform would cost $100,000 more than using a platform based ... [Published Delimiter - May 01 2013]
First reported Apr 22 2013 - Updated Apr 23 2013 - 1 reports

Abacus acquires 33 Queen Street, Brisbane

Abacus Property Group is pleased to announce the acquisition of 33 Queen Street (including 199 George Street)for $34 million. This represents an initial yield of 9.4%, excluding transaction costs.The property comprises two buildings: 33 Queen Street, ... [Published Noodls - Apr 22 2013]
First reported Apr 18 2013 - Updated Apr 18 2013 - 1 reports

A step ahead

BANK OF QUEENSLAND LIMITED - ASX BOQ CITIBANK PTY LTD NATIONAL AUSTRALIA BANK LIMITED - ASX NAB JBWERE LIMITED MLC LIMITED COMMONWEALTH BANK OF AUSTRALIA - ASX CBA WESTPAC BANKING CORPORATION - ASX WBC ST GEORGE BANK LIMITED BANK OF MELBOURNE LIMITED ... [Published TradingCharts.com - Apr 18 2013]

Quotes

...environment meant the institution had a small pool of licenses for the unnamed database, but not enough to underpin a core bankingbanking system. "You'd need to scale it out, and there was quite a significant license cost to do that scale-out" Richards said. The additional cost was pegged at about $100,000
"It was clear that if we deployed our core banking systems on Windows-SQL, the total cost of ownership would be substantially less than if we chose the alternative. Richards said that the decision would allow ME Bank to "consolidate internal IT skills on a single technology", and through the decommissioning of its legacy core bankingbanking system, it will save tens of thousands of dollars each year by requiring fewer external consultants to maintain the systems."
Dr Frank Wolf, Managing Director of Abacus Property Group said: "The property represents an attractive acquisition being immediately accretive to earnings and an asset that exhibits significant core-plus opportunities that can be capitalised on in the short term. Abacus continues to have access to substantial acquisition capacity"

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Your Say: Linux Is the Best Windows XP Alternative [Published Softpedia - May 20 2013]
ME Bank sticks to long-term IT vision [Published IT News Australia - May 12 2013]
Linux option $100k more than Windows, claims Me... [Published The Australian Society of Entrepreneurs - May 04 2013]
Bank Chooses Windows over Linux Because “It’s C... [Published Softpedia - May 01 2013]
Linux option $100k more than Windows, claims Me... [Published Delimiter - May 01 2013]
ME Bank picks 'cheaper' Microsoft stack over Linux [Published ZDNet - May 01 2013]
Abacus acquires 33 Queen Street, Brisbane [Published Noodls - Apr 22 2013]
A step ahead [Published TradingCharts.com - Apr 18 2013]
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