21 May 2018
visit www.ebaday.com

Banca Popolare di Milano renews IBM IT services deal

14 July 2006  |  2356 views  |  0 Source: IBM

Gruppo Banca Popolare di Milano (BPM) announced today that it has renewed its multi-year agreement with IBM.

This is the bank's largest IT services contract. The new agreement encompasses 25 percent of BPM's total IT budget through 2009.

IBM and Gruppo Banca Popolare di Milano began work three years ago to design and implement one of the first fully integrated, multi-channel banking platforms at a worldwide level, now successfully used in all of BPM's 600 branches throughout Italy. Future initiatives call for further streamlining of the bank's IT processes and are planned to reduce IT expenses an additional 20 percent.

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
Visit iliad-solutions.com/

Top topics

Most viewed Most shared
IT implications and the need to pivotIT implications and the need to pivot
9822 views comments | 2 linkedin
Ripple moves to build ecosystem around XRPRipple moves to build ecosystem around XRP
9772 views comments | 5 tweets | 8 linkedin
HSBC claims blockchain breakthrough for trade financeHSBC claims blockchain breakthrough for tr...
9536 views comments | 14 tweets | 16 linkedin
Former JPMorgan blockchain leads unveil new startupFormer JPMorgan blockchain leads unveil ne...
7407 views comments | 2 tweets | 2 linkedin
Worldline to acquire SIX Payment ServicesWorldline to acquire SIX Payment Services
7118 views comments | 14 tweets | 24 linkedin

Featured job

Find your next job