Business Services Industry
CBA to make its systems pay.
Australasian Business Intelligence, December, 2006
Byline: Julian Bajkowski
Dec 06, 2006 (The Australian Financial Review - ABIX via COMTEX) -- Commonwealth Bank of Australia (CBA) CEO, Ralph Norris, addressed an Australian Computer Society function on 6 December 2006. Norris said the bank intends to licence its CommSee program overseas. The technology provides a unified customer profile and allows for a relatively accurate representation of profit margins per product and per customer. Norris claimed the CBA is interested in determining whether the internally-developed software can operate outside of the group's internal support processes. It does not seem likely that the CBA will sell the product to any of its Australian competitors.
Publication Date: 7 December 2006
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