23 August 2017
Visit http://response.ncr.com

National Bank of Canada extends IBM outsourcing deal

14 December 2001  |  3791 views  |  0 National Bank of Canada extends IBM outsourcing deal

National Bank of Canada has signed a ten-year IT outsourcing contract with IBM worth $700 million.

IBM has been providing IT services to the Canadian bank since 1994. Under the new agreement, IBM Global Services will continue to manage the operations of the bank's IT infrastructure, including its Web environment and call centres through to 2011.

The two firms are also forming an initiative aimed at developing the bank's e-business proposition. The Innovation Team (i-Team) will be comprised of experts from IBM Research and IBM's consulting organisations.

Real Raymond, president and COO, National Bank of Canada, comments: "This agreement will allow us to maintain a high-quality and secure technical infrastructure while accelerating the transformation of the bank into an e-business."

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Royal & SunAlliance enters ten-year outsourcing contract with IBM

Royal & SunAlliance enters ten-year outsourcing contract with IBM

13 December 2001  |  7408 views  |  0 comments
Wilco hits three million trades per hour in IBM benchmarking

Wilco hits three million trades per hour in IBM benchmarking

10 December 2001  |  3245 views  |  0 comments
Abbey National migrates to IBM Web platform

Abbey National migrates to IBM Web platform

05 December 2001  |  9596 views  |  0 comments
Swissrisk and IBM offer wireless ASP portfolio management package

Swissrisk and IBM offer wireless ASP portfolio management package

15 November 2001  |  3724 views  |  0 comments | 1 linkedin
Regions Financial lauds S1/IBM combo

Regions Financial lauds S1/IBM combo

13 November 2001  |  3630 views  |  0 comments
Japanese banks pilot IBM Identrus programme

Japanese banks pilot IBM Identrus programme

12 November 2001  |  3924 views  |  0 comments
Eontec integrates e-banking platform with IBM mainframe

Eontec integrates e-banking platform with IBM mainframe

06 November 2001  |  3753 views  |  0 comments
TSYS, Gemplus and IBM forge smart card alliance

TSYS, Gemplus and IBM forge smart card alliance

25 October 2001  |  4050 views  |  0 comments
Kredietbank Luxembourg migrates to IBM DB2 mainframe

Kredietbank Luxembourg migrates to IBM DB2 mainframe

17 October 2001  |  4151 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.niceactimize.comvisit www.dorsum.eudownload the paper now

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
12690 views comments | 27 tweets | 23 linkedin
Barclays pairs banking data with third party apps for SmartBusiness DashboardBarclays pairs banking data with third par...
11302 views comments | 22 tweets | 34 linkedin
Australia regulates digital currenciesAustralia regulates digital currencies
10424 views comments | 21 tweets | 34 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
10418 views comments | 10 tweets | 8 linkedin
hands typing furiouslyWhy Is Risk Analytics Important?
10406 views 0 | 6 tweets | 1 linkedin