Anger over Central Bank IT outsourcing move

There is outrage among opposition TDs that the Central Bank has chosen to go ahead with the outsourcing of its IT systems, despite high profile failures of crucial banking systems in Ulster Bank last year.

It was confirmed in a parliamentary question that the Central Bank had choose Hewlett Packard as the provider of a physical data centre for the Central Bank that will house critical information on Irish banks.

The Minister of Finance, Micheal Noonan confirmed to Sinn Féin’s Pearse Doherty that the contract was going ahead.