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IBM Lands 3 New Global Customers for Cloud Applications in Finance Industry

IBM Lands 3 New Global Customers for Cloud Applications in Finance Industry - top government contractors - best government contracting event

IBM-logo EbizIBM has secured three new global customers in the field of credit and finance that seek to apply the company’s cloud, big data and analytics tools in business processes, eWeek reported Aug. 23.

Darryl Taft writes that IBM has added Ujjivan Financial Services in India, Westpac New Zealand and Veda in Australia and New Zealand to its customer portfolio.

The report said IBM will provide these new clients with its Virtualized Server Recovery product, data center hosting services and other cloud services.

Ujjivan will use the cloud-based VSR to prevent data loss and ensure business continuity as the company provides financial services to clients and manages its IT infrastructure from a remote monitoring facility in Bangalore, Taft reports.

“In the last few years, cloud technologies have rapidly transitioned to a strategic requirement for organizations to ensure business continuity and resilience,” said Lingraju Sawkar, integrated technology services director for IBM India’s global technology services.

Taft notes that VSR uses automation to recover or replicate applications, systems and data in case of outages or downtime.

Westpac, meanwhile, will move some of its IT systems to an IBM data center in Auckland under a five-year services and technology agreement as the financial services company aims to leverage social and mobile capabilities to serve customers.

According to the report, Westpac will use IBM’s private cloud tools to provide mobile and online banking services due to customer demand.

Finally, IBM also signed a five-year contract with Veda for cloud outsourcing of credit reporting systems.

The cloud deployment is intended to support Veda’s use of data analytics to deliver its individual and business credit reporting services, the report said.

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