LYCOS RETRIEVER 
Fifth Third Bank: Market System
built 650 days ago
Fifth Third had a unique need to ensure consistency of data residing on multiple databases and storage platforms across its disaster recovery sites. Coordinating point-in-time recovery between both mainframe and open systems was a particular challenge; but by effectively employing the Multi-Session Consistency feature of EMC SRDF/Asynchronous technology, the bank was able to synchronize the cycling activities among its various storage systems. This ensures that all applications and data would be at the exact same point in time if a recovery were necessary.
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"We are pleased to announce this new credit facility and would like to thank Fifth Third Bank for their continued support and confidence in our organization. Combined with financing previously provided by Fifth Third, it is currently the largest single provider of capital to Brooke Credit," Lowry said. "Our increased warehouse capacity combined with our securitization model, which has resulted in excess of $187 million of asset-backed securities issued to date, better positions Brooke Credit to capitalize on increased lending opportunities within our target markets."
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Fifth Third Bank expects the merger to generate $35 million pre-tax annual expense reductions ($22 million after tax), phased in over two years. Fifth Third expects to incur merger-related one-time charges of up to $61 million pre-tax ($39 million after tax), related to staff training, retention and severance; real estate; systems integration; and other miscellaneous accruals.
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Fifth Third Bank unveiled a blue-and-green corporate logo Thursday as it launched a rebranding initiative in a crowded marketplace. The logo incorporates green as one of two primary colors in place of the old logo's red, and it substitutes a lighter shade of blue for a midnight …
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