NatWest reaffirms strategic commitment to Tandem with $10 million Himalaya order.LONDON--(BUSINESS WIRE)--July 5, 1995--Tandem (NYSE NYSE See: New York Stock Exchange :TDM (Time Division Multiplexing) A technology that transmits multiple signals simultaneously over a single transmission path. Each lower-speed signal is time sliced into one high-speed transmission. ), the world's largest supplier of continuously available online transaction processing See transaction processing and OLCP. (OLTP) computing systems, announced Wednesday that it has won a $10 million order from NatWest Group. NatWest's new configuration includes 16 top-of-the-range NonStop Himalaya K10000 massively parallel commercial servers and more than 40 mid-range Himalaya K1000 servers. These systems, which replace existing older Tandem VLX and CLX technology, form a strategic part of NatWest Group's information technology plans to combine three data centers to two, both located outside of London. NatWest Group IT runs a variety of applications on the Tandem platform, including its S.W.I.F.T. (Society for Worldwide Interbank Financial Telecommunications Society for Worldwide Interbank Financial Telecommunications (SWIFT) A dedicated computer network to support funds transfer messages internationally between over 900 member banks world-wide. ) activities, and EFTPOS EFTPOS - Electronic Funds Transfer Point of Sale (Electronic Funds Transfer See EFT. (application, communications) electronic funds transfer - (EFT, EFTS, - system) Transfer of money initiated through electronic terminal, automated teller machine, computer, telephone, or magnetic tape. at Point of Sale) for credit and debit card transactions. NatWest also operates its own Corporate Electronic Banking System on a Tandem platform, as well as the reciprocity system for automated teller machine automated teller machine (ATM), device used by bank customers to process account transactions. Typically, a user inserts into the ATM a special plastic card that is encoded with information on a magnetic strip. transactions, in cooperation with Midland Bank and Trustee Savings Bank Trustee savings banks or TSB were British financial institutions which specialized in accepting savings deposits from the poor. They did not trade their shares on the stock market and unlike mutually held banks, depositors had no voting rights nor the ability to direct the (TSB). The Himalaya range of massively parallel processors was introduced in July 1993 and enhanced in January of 1995 as part of Tandem's ongoing strategy to provide high-performing, continuously available computing at a low cost. The entire range of servers have proved enormously successful and last year set a world-record for the number of transactions-per-minute using the Transaction Processing Council's TPC-C A benchmark that measures overall transaction processing performance. See TPC. price/performance benchmark. "We have enjoyed excellent support from Tandem over the many years we have worked with the company," said Stewart Legg, general manager of NatWest Group IT. "The progress Tandem has made in delivering the benefits of its systems at a low cost was a major influencing factor in our recent decision -- which confirms Tandem as a major supplier of computer systems to our company." "This purchase not only reaffirms Tandem's long-term relationship with NatWest Group IT, but also confirms that the strategy to offer Tandem's traditional benefits at a lower cost was important," said Roger Bellass, Tandem UK's managing director. "The success we've been experiencing with both new and existing customers clearly show how Tandem's latest solutions have allowed the advantages of continuous availability to be brought to bear in all areas of business and commerce. "This, combined with Tandem's strengths in other rapidly growing markets such as parallel processing and decision support, our continuing drive to lower the cost of our systems, and the renewed commitment of key customers such as NatWest Group IT, places Tandem in an ideal position for the future." Tandem Computers Inc. is the leader in continuously available, open, parallel processing, reliable client/server solutions, decision support systems, and enterprise networks. The company manufactures, markets, and provides services and systems ranging from the desktop to the data center, as well as software to deliver complete customer solutions. Tandem, founded in 1974 and headquartered in Cupertino, Calif., has offices worldwide, including European operations centered in Amsterdam and operating companies or distributors in all western European countries. Tandem UK is one of the company's largest subsidiaries outside the United States of America UNITED STATES OF AMERICA. The name of this country. The United States, now thirty-one in number, are Alabama, Arkansas, Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Mississippi, Missouri, New Hampshire, . -0- NOTE TO EDITORS: Tandem, NonStop, Himalaya and the Tandem logo are trademarks of Tandem Computers Inc. All other brand and product names are trademarks of their respective companies. CONTACT: Tandem Computers Inc., Cupertino Bob Major, 408/285-6176 http://www.tandem.com |
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