Tekstilbank Armed for Growth With HP Integrity Servers and HP-UX 11i v3
Source: Hewlett-Packard (HP)
A mid-sized boutique bank, Istanbul-based Tekstilbank is Turkey's 14th largest bank. Turkey's financial sector faced economic flux, narrow margins, and global competition in 2007. However, 1,547 employees focusing on customers, efficiency, and innovation helped Tekstilbank attain US$2.5 billion in assets and earn approximately US$43 million in net income last year. Tekstilbank wanted to prepare for further business growth and overcome the cost pressures on older technology. Tekstilbank transformed the bank's data center environment by upgrading to HP Integrity servers with Intel Itanium processors and HP-UX 11i v3 to run core banking applications, sustain growth, and streamline costs.