<p>At the just concluded business technology summit held in Uganda, Computer Warehouse Group (CWG) in collaboration with IBM and Infosys have introduced IT transformation solutions for the financial services sector in East Africa.</p><p>Organised by CWG Uganda, a member of the pan African Systems Integration Company, CWG., the summit which attracted participants from all the major financial companies in Uganda and the East African region with the theme "Driving Finacle core banking application on IBM Power7 and storage" provided a forum to discuss and create awareness about "Finacle core banking application on IBM power systems and storage".</p><p>The Client Technical, Architect, IBM MEA, Somas K Balasubramanian in his a presentation titled "IBM STG Solutions to accelerate the Banking Transformation Projects with IaaS Cloud" spoke about the key challenges in the banking industry ranging from operations integration, service operations to market share demand/ Growing revenues.</p><p>He spoke on how banks can align their IT services with business objectives and how they can improve the quality of their service while reducing long term costs on IT.</p><p><a href="http://allafrica.com/stories/201304170069.html">Keep reading...</a></p>