Even banks on the cutting edge of technology don't want to waste money on untested products.
With that in mind, Dell (DELL) opened a solution center in New York Thursday to help banks test proofs of concept before they deploy them.
The center will focus particularly on banking and securities, in addition to end-user computing, cloud computing, and data and analytics. The center will provide banks with hardware, software and human expertise.
"The [banking] industry is under cost and regulatory pressure, and there is tremendous pressure for IT as [banks] are moving off legacy platforms," said Bob Barris, vice president of global 500 banking and securities for Dell, said in opening remarks during a ribbon-cutting ceremony for the center.
In the past year, Dell has opened 10 other U.S. solution centers in Austin, Chicago and Washington, D.C. It also has centers in Frankfurt, Paris, San Paulo, Sydney, and Tokyo. Dell plans to open a center in Silicon Valley later in the year, according to a press release.
The New York solution center will let banks test systems for business analytics, high-performance databases, risk management and trading, among other things, Barris said.
Dell has already worked with several financial services companies in its other centers, Barris said, and in one instance it saved a company $7 million in technology costs.
At the center, financial services companies will also have access to Dell's partners such as the high-speed storage company Kove and Dell's own security analytics company SecureWorks, which has about 1800 financial services customers.
