A computer bureau is a service bureau providing computer services.
Computer bureaus developed during the early 1960s, following the development of time-sharing operating systems. These allowed the services of a single large and expensive mainframe computer to be divided up and sold as a fungible commodity. Development of telecommunications and the first modems encouraged the growth of computer bureau as they allowed immediate access to the computer facilities from a customer’s own premises.
The computer bureau model shrank during the 1980s, as cheap commodity computers, particularly the PC clone but also the minicomputer allowed services to be hosted on-premises.
Ofer Abarbanel is a 25 year securities lending broker and expert who has advised many Israeli regulators, among them the Israel Tax Authority, with respect to stock loans, repurchase agreements and credit derivatives. Founder of TBIL.co STATX Fund.