HP and TD Bank achieve milestones in ABM transformation project

    MISSISSAUGA, ON, Jan. 31 /CNW/ - Hewlett-Packard (Canada) Co. and TD Bank
Financial Group today announced the completion of the first phase of a
CDN$420 million, seven-year outsourcing agreement to deliver next-generation
automated banking machine (ABM) capabilities for TD Bank's national Green
Machine(TM) network.
    Under the first phase of the project, more than 2,500 ABMs have been
replaced with highly reliable and highly available standards-based
technologies, enhancing the access, security and overall user experience for
retail customers across Canada.
    TD Bank has become the first financial institution globally to operate
the Interactive Financial eXchange (IFX) specification, an emerging standard
for open and interoperable online financial services and data interchange,
across its entire ABM network.
    "Our customer experience is paramount in everything we do at TD Canada
Trust. HP and their consortium partners, Diebold, ACI, Phoenix and INTRIA,
demonstrated their commitment to this operating principle as they transformed
our ABM network," said Alexander Morley, vice president, ABM Services, TD
Canada Trust. "With their assistance, TD Canada Trust now has one of the most
advanced, most secure and most accessible ABM networks anywhere."
    "This marks a significant milestone in the transformation of automated
banking service delivery that is truly focused on providing a differentiated
experience for TD's clients across the country," said Wally Hogan, vice
president and managing director, Outsourcing Services, HP Canada.
    HP has implemented innovative, multilayer security solutions for TD Bank,

    -   3-tier key hierarchy of symmetric keys

    -   Active Directory

    -   Integrated public key infrastructure (PKI) for delivering symmetric
        keys for financial transactions

    -   Dynamic key regeneration, including RSA

    -   Software firewalls with integrated alerting to HP Change and
        Configuration Management Software

    -   Antivirus with integrated alerting to HP Change and Configuration
        Management Software

    -   Secure software signing and encrypted delivery based on TD Bank's PKI
        and HP Change and Configuration Management Software

    -   IFX ABM message monitoring for management

    -   Alerting and reporting on real-time financial transactions and ABM
        cash levels

    Project milestones
    -   HP and TD Bank ABM transformation agreement announced in July 2004.

    -   Project architecture and parameters outlined with consortium delivery
        partners, led by HP, including:

        -  Diebold, Incorporated, which is providing ABM hardware along with
           first and second line maintenance services. Diebold is also
           providing asset management and software engineering support

        -  ACI Worldwide, which is providing the core switching solution,
           application development and maintenance services.

        -  Phoenix Interactive, which is providing ABM application middleware
           and application development services.

        -  INTRIA, which is providing business process outsourcing, including
           cash management and forecasting services.

        -  Group 4 Securicor, which provides cash services to TD Bank,
           including cash transportation, ABM consumables management and
           deposit pick-up.

    -   New, single configuration terminal design completed and operating
        system migrated from IBM OS/2 to Microsoft Windows XP.

    -   Application development and integration performed with TD Bank legacy
        IT systems, including production simulation and testing, which was
        critical to meet later dates for certification and pilot readiness.

    -   Device drivers ported from proprietary IBM OS/390 to HP NonStop
        infrastructure, providing mainframe-class performance and an industry
        standard architecture.

    -   Physical hardware rolled out, including the replacement of more than
        2,500 ABMs across Canada within a 10-month period.

    -   The first of TD Bank's new ABMs went live in June, 2006, using an on-
        premise HP NonStop platform, featuring the IFX standard messaging


    -   An environment that is ready for today's security threats and
        positioned for tomorrow's challenges.

    -   Cost of ownership is reduced through automation, including secure
        remote software installation, remote security updates for software
        firewalls and antivirus, and instant security profile changes through
        Active Directory.

    -   Remote key transport eliminates the manual delivery and management of
        ABM security keys.

    -   Open standards, such as IFX, that are not proprietary to an ABM
        hardware vendor allow for greater flexibility to deploy new

    -   Collaborative approach provides economies of scale, helping TD Bank
        to minimize the cost of maintaining, updating and ensuring 24x7
        availability of its ABM network.

    -   Cost-effectiveness of end-to-end ABM delivery channel allows TD Bank
        to offer its customers continued price-performance advantages over
        its competitors.

    -   "Always-on" network provides the highest degree of system
        reliability, availability and speed.

    -   Built-in scalability enables new services such as smart cards to be
        made available as they come on-stream.

    -   Incorporation of personalized content via intuitive user interface
        enhances overall customer experience.

    -   Solution encompasses new ABM banking standards for compliance and
        supports TD Bank's adherence to regulated security and accessibility

    -   Overall flexibility assists TD Bank in capitalizing on new market

    About HP
    HP focuses on simplifying technology experiences for all of its customers
- from individual consumers to the largest businesses. With a portfolio that
spans printing, personal computing and IT infrastructure, HP is among the
world's largest IT companies, with revenue totaling $91.7 billion for the four
fiscal quarters ended Oct. 31, 2006. More information about HP (NYSE, Nasdaq:  
HPQ) is available at http://www.hp.com.

    (C) 2007 Hewlett-Packard Development Company, L.P. The information
    contained herein is subject to change without notice. The only warranties
    for HP products and services are set forth in the express warranty
    statements accompanying such products and services. Nothing herein should
    be construed as constituting an additional warranty. HP shall not be
    liable for technical or editorial errors or omissions contained herein.

For further information:

For further information: Editorial contact: Ed Borkowski, HP, (905)
206-3055, Ed.borkowski@hp.com, Hewlett-Packard (Canada) Co., 5150 Spectrum
Way, Mississauga, ON, L4W 5G1, www.hp.ca

Organization Profile


More on this organization

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890