DUBLIN, Dec. 15, 2021 /PRNewswire/ -- AIB, an Irish
bank with market leading positions across key segments, and IBM
(NYSE: IBM) today announced a €65m three-year agreement designed to
help deliver the bank's 2023 strategy by accelerating its ongoing
digital transformation, meeting its customer-first commitment and
providing a clear pathway to a hybrid cloud technology
environment.
Under the agreement, IBM will provide AIB with a next-generation
IBM z15 compute platform along with an extensive technology
portfolio which includes IBM's Cloud Pak solutions and the
capability to deliver services leveraging Red Hat OpenShift. This
will help AIB to sustain its high pace of digitalisation and its
strong focus on security and resilience.
Fergal Coburn, Group Chief
Technology Officer, AIB, commented: "As we accelerate into the
future of banking, we need the most advanced technology to underpin
our ongoing digital transformation efforts. IBM technology has been
the backbone of our service delivery for over 30 years and this
agreement maintains our relationship in the innovation space. This
will be a core contributor in ensuring that we achieve the key
technology objectives that underpin our 2023 strategic ambitions
and to meet the challenges faced in our industry."
The IBM technology platform will further enhance AIB's cyber
resilience and fraud detection capabilities, ensuring its digital
services remain highly performant, available and secure for its
customers.
The technology portfolio which includes data analytics and
process automation tools provides market-leading capabilities,
selected specifically to complement AIB's existing technology
roadmap and business requirements. It will also enable enhanced
system availability capabilities which will support the bank's
approach to Operational Resilience.
Deborah Threadgold, Country
General Manager, IBM Ireland said: "This agreement continues AIB's
successful strategy of being at the forefront of digital
transformation in the Irish banking industry. The IBM z15 is a key
part of the bank's overall hybrid cloud strategy and will enable
AIB to efficiently and securely manage traditional operations and
provide AIB's highly experienced team the tools to deliver new
digital services in a very agile manner."
Graham Fagan, Group Director of
Enterprise Technology & Cloud Engineering, AIB, commented "As
financial organisations progress on their cloud journeys, they need
an approach that allows various cloud-based applications to work in
concert. Our hybrid cloud strategy is helping us to simplify our
technological infrastructure so that we can move and manage data,
services and workflows across multiple clouds and on premise
platforms. The IBM products and services we are acquiring allow us
to further extend that hybrid cloud ambition in an innovative,
agile, secure and compliant manner."
The agreement was signed in Q4 2021.
About AIB
For more information visit:
https://aib.ie
About IBM
For more information about IBM's financial
services solutions and insights, please visit
www.ibm.com/banking-financial-markets
Media Contacts
IBM
John Galvez
John.Galvez@uk.ibm.com
+44 7734 104275
Elizabeth Banta
Elizabeth.Banta@ibm.com
+1 732-996-4159
AIB
Paddy McDonnell
Paddy.x.Mcdonnell@aib.ie
087 739 0743
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SOURCE IBM