Laurentian Bank enters next chapter in cloud transformation journey with support from Kyndryl
29 Agosto 2022 - 10:30AM
Laurentian Bank of Canada (TSX: LB) (the “Bank”) and Kyndryl (NYSE:
KD), the world’s largest IT infrastructure services provider, today
announced the availability of a new cloud landing zone for the Bank
leveraging cloud platforms such as Microsoft Azure. Laurentian Bank
now benefits from a strong and proven foundation to deploy its
next-generation hybrid multicloud environment, allowing the Bank to
deliver engaging customer experiences and innovative digital
capabilities.
This new environment, executed through the
Bank’s strategic collaboration with Kyndryl, ultimately enables its
digital services to function efficiently and securely, so customers
can enjoy an optimal and seamless experience at all interaction
touchpoints. It also allows the Bank to accelerate the introduction
of its digital onboarding solution and deliver on its reimagined
and more customer-centric VISA experience.
Kyndryl’s expertise in integrating across
vendors was central to the Bank’s progress in its cloud
transformation journey. Kyndryl has a deep understanding of
mission-critical systems, including many years of managed services
support to the Bank, bringing innovation and differentiated
capabilities tailored to the Bank’s needs. Additionally, Kyndryl
has the unique flexibility to tap into a broad set of technologies
and skills, including its own global strategic alliances, along
with Microsoft Azure to support the Bank’s specific transformation
goals to deliver more efficient and improved services to
customers.
Quotes
“With this milestone, we are executing on
several key priorities of Laurentian Bank’s strategic plan,
including enabling our digital-first approach and accelerating the
introduction of our digital onboarding solution. Through a
strategic partnership with Kyndryl, we are using our size as an
advantage to drive innovation, agility, and speed.”
—Beel Yaqub, Executive Vice President, Chief
Information Technology Officer, Laurentian Bank
“Financial services institutions are in a time
of disruption and change as they adapt to suit their customers’
increasingly digital expectations. Laurentian Bank has clearly
defined their strategy for customer-focused growth, and they are
achieving their milestones at a remarkable pace. Kyndryl is proud
to be a long-time partner of Laurentian Bank, and we are thrilled
to support their transformation journey as they continue to define
best practices for Canadians’ personal and business banking
experiences.”
—Xerxes Cooper, President, Kyndryl Canada
About Laurentian Bank
At Laurentian Bank, we believe we can change
banking for the better. By seeing beyond numbers.
Founded in Montréal in 1846, Laurentian Bank
helps families, businesses and communities thrive. Today, we have
more than 2,900 employees working together as one team, to provide
a broad range of financial services and advice-based solutions for
customers across Canada and the United States. We protect, manage
and grow $46.1 billion in balance sheet assets and
$30.2 billion in assets under administration.
We drive results by placing our customers first,
making the better choice, acting courageously, and believing
everyone belongs.
About Kyndryl
Kyndryl (NYSE : KD) is the world’s largest
IT infrastructure services provider. The company designs, builds,
manages and modernizes the complex, mission-critical information
systems that the world depends on every day. Kyndryl’s more than
90,000 employees serve over 4,000 customers in more than 60
countries around the world, including 75 percent of the
Fortune 100. For more information, visit www.kyndryl.com.
Contact:
Merick SeguinSenior Manager, Media
RelationsLaurentian Bank of CanadaMobile: 514
451-3201merick.seguin@laurentianbank.ca
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