Wipro has won a five-year IT outsourcing deal with AIB which will see 130 staff moved to the Indian tech services firm.
News of a potential deal emerged earlier this month when the Irish state-owned bank call a meeting with 250 IT staff to inform them of its plans.
The contract, which is understood to be worth approximately £150 million, will see Wipro take over hosting and storage services for the bank from a new ServiceNXT operations centre in Dublin.
The outsourcing project, known internally as 'Project Orion', is part of the AIB's plans to transform into a 'digital bank' says CIO Mike Brakes.
"With Wipro supporting our technology and application infrastructure, we look forward to strengthening efficiencies and being better able to serve and support our customers across the bank," he says. "We were very pleased with the commitment Wipro demonstrated to the bank as well as to creating opportunities for our people in Ireland."