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  7. Fujitsu PROBANK Renewed as Shimizu Bank's Core Banking System

Fujitsu PROBANK Renewed as Shimizu Bank's Core Banking System

Uses leading-edge ICT infrastructure, reducing energy usage and CO2 emissions by 10% over previous version

Fujitsu Limited

Tokyo, November 10, 2010

Fujitsu today announced that Shimizu Bank Limited has renewed its contract to utilize PROBANK, Fujitsu's outsourcing service designed for regional banking systems, for the bank's next core banking system. Renewed operations will start in May 2013.

Since May 2005, Fujitsu has been providing Shimizu Bank with PROBANK on a consistent basis as the bank's existing banking system for more than five years. Over that time, Fujitsu has established a strong track record by delivering ongoing support and updating PROBANK with new functions for a higher level of customer service, as well as complying with new regulations. After highly appraising the service, Shimizu Bank has renewed PROBANK for its next banking system cycle.

Alongside Shimizu Bank, the Toho Bank, Ltd. has also announced its intention to renew its PROBANK contract. With the ongoing growth and expansion of the PROBANK service, Fujitsu aims to help Japan's regional banks expand their business.

Background

Shimizu Bank has been working to expand business under its medium-term management plan "Shimizu's Value Up Plan", with the goal of becoming the "Best Partner Bank", maintaining close ties while growing with the region. Based in Shizuoka City in Shizuoka Prefecture, located along the Pacific coast in the southern part of the Chubu region of Japan, Shimizu Bank has used PROBANK to respond quickly and accurately to the needs of local customers. Fujitsu has consistently operated PROBANK since May 2005, providing ongoing support which has included extending the service's functionality.

When the time came for Shimizu Bank to consider plans for its next core banking system, the bank gave PROBANK a high evaluation from the perspective of its security and robustness; its operational functions that contribute to improved customer service; and its environmentally-friendly characteristics. Based on these factors, Shimizu Bank made the decision to continue with PROBANK.

Key Benefits of PROBANK

1. Assured stability and robustness

Since starting operations of PROBANK for Shimizu Bank in May 2005, Fujitsu has continuously provided stable and consistent operations, maintaining the service's security and robustness while implementing reliability improvements. With the cooperation of its financial institution clientele, Fujitsu conducts periodic system audits and systemwide statistical assessments, as well as conducts external audits to maintain the high level of public integrity that banks demand from their core systems. These practices have earned PROBANK plaudits from the banks that utilize it.

PROBANK will also upgrade its disaster countermeasure backup service to minimize the time required to recover from service interruptions in the event of a disaster, making this ICT investment even more efficient for customers.

2. Functions that contribute to improved customer service

Fujitsu has made ongoing functional upgrades to PROBANK that enable Shimizu Bank to provide a higher level of service to its customers and keep it in compliance with new bank laws and regulations.

In the future, a PROBANK joint committee comprised of representatives from Fujitsu and Fujitsu's clientele of financial institutions will consider ways of responding to upcoming changes in regulations, as well as new and expanded products and services being offered by banks. These results will be rolled into PROBANK to help banks provide an even higher level of service to their customers.

3. Environmentally-friendly characteristics

PROBANK is built on a high-reliability ICT platform comprised of Fujitsu's platform products. For future versions, Fujitsu is planning on further improvements to PROBANK's stability and processing performance while making it more environmentally friendly. Specifically, PROBANK will be built on the latest ICT platform comprised of Fujitsu's GS21 series global servers, SPARC Enterprise series UNIX servers, and ETERNUS series storage systems while cutting power consumption and CO2 emissions for the overall system by 10% compared to the previous version.

Toho Bank will also be renewing its contract for PROBANK. With the ongoing expansion of the PROBANK, Fujitsu looks forward to helping Japan's regional banks grow their business.

About Fujitsu

Fujitsu is a leading provider of ICT-based business solutions for the global marketplace. With approximately 170,000 employees supporting customers in 70 countries, Fujitsu combines a worldwide corps of systems and services experts with highly reliable computing and communications products and advanced microelectronics to deliver added value to customers. Headquartered in Tokyo, Fujitsu Limited (TSE:6702) reported consolidated revenues of 4.6 trillion yen (US$50 billion) for the fiscal year ended March 31, 2010. For more information, please see: www.fujitsu.com.

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All other company or product names mentioned herein are trademarks or registered trademarks of their respective owners. Information provided in this press release is accurate at time of publication and is subject to change without advance notice.

This press release has been revised as of December 17, 2018.

Date: 10 November, 2010
City: Tokyo
Company: Fujitsu Limited, , , , , , , , , ,