NEW YORK and BRUSSELS, Belgium, May 15, 2023 — Kyndryl (NYSE: KD), the world’s largest IT infrastructure services provider, and Belfius, a leading Belgian banking and insurance group, today announced they have entered into a new services agreement. Building on a 10-year trusted partnership, Kyndryl and Belfius have co-created a collaborative model that accelerates the technology modernization and innovation of the bank insurance group. This new partnership is designed to deliver greater flexibility, and unlock new technology to further innovation and customer satisfaction powered by new cloud services and continued investments in the Group’s on-premise technology platforms.
Under the new model, Kyndryl will continue to ensure resilient operational management by providing private infrastructure platforms-as-a-service, such as the mainframe and distributed servers. This involves the data center, the LAN network, and securing of Belfius’ IT environment. In addition, Kyndryl will roll out a new modern digital workplace platform to provide the Belfius employees with the most modern and best experience in this digital world.
As one of its leading IT services partners, Kyndryl will also provide Belfius with direct access to innovation capabilities for IT modernization and optimization, with the aim to adopt a true hybrid architecture and integration with cloud services. In addition to transforming Belfius’ mission-critical mainframe systems, Kyndryl will support Belfius’ sustainability priorities by helping to reduce carbon emissions within its IT footprint.
Benoît Sepulchre, Head of IT Infrastructure, Cloud and Digital Security, Belfius, “We are very happy with this new agreement with Kyndryl, our long-lasting and trusted partner for IT infrastructure services for more than 10 years. I’m convinced that this new partnership will enable us to continue our journey to provide the best digital and technology services to our customers and employees and to keep on being one of the leading digital bank insurance companies in Belgium.”
Anton Wilsens, Managing Partner at Kyndryl for Belfius and CEO of PI-SQUARE, “We are honored to partner with Belfius on the next phase of their transformation and greatly appreciate the continued trust they’ve placed in us as their preferred partner. We look forward to jointly delivering new value and helping Belfius to accelerate its business and IT modernization roadmap to offer a personalized and differentiated client experience.”
Belfius Bank & Insurance is an integrated banking and insurance company owned by the Belgian State. The company is anchored in all segments of the Belgian economy and society. In addition to being a partner to 3.7 million private customers, the self-employed and SMEs, a major player on the corporate market and market leader in the public and social sector, it is also a leading brand in the Life and Non-life insurance segment.
Kyndryl (NYSE: KD) is the world’s largest IT infrastructure services provider, serving thousands of enterprise customers in more than 60 countries. The company designs, builds, manages and modernizes the complex, mission-critical information systems that the world depends on every day. For more information, visit www.kyndryl.com.