NEW YORK and MILAN, September 27, 2023 — BPER Banca Group, one of the leading national banking groups, and Kyndryl (NYSE: KD), the world’s largest IT infrastructure services provider, today announced a long-term partnership under which Kyndryl will support the bank’s mission-critical IT operation and the strategic evolution of its IT infrastructure.
The six-year agreement, aimed at supporting the deep transformation and rapid growth of the bank, includes a comprehensive set of Kyndryl infrastructure services in domains such as open systems, mainframe, digital workplace and datacenters, along with consult technology services.
Particularly, BPER will leverage the Kyndryl Command Center in Italy to complement the activities of the existing staff and to ensure around-the-clock IT monitoring and operations to help prevent business disruptions.
In addition, the datacenters provided by Kyndryl will advance both organizations' business strategies of making IT infrastructure more resilient while reducing energy consumption, increasing the use of renewables and engaging in sustainable practices.
"The collaboration with Kyndryl is part of BPER Banca's broader plan to harden its infrastructure in support of ‘BPER e-volution 2022-2025’ plan. Particularly, through our datacenter overhaul projects, we will increase system resilience while reducing the overall carbon footprint up to 30%. In addition, the partnerships we are activating in manning the various technology towers will enable us to achieve savings in operating costs of 15% to 20%,” said Massimiliano Baga, CIO of BPER Banca.
“The new multiyear path alongside BPER Banca Group confirms and strengthens Kyndryl's clear leadership in technology infrastructure services for the banking sector," added Matteo Taglioni, Financial Services Sector Leader of Kyndryl Italy. "Our goal is to be the bank's long-term strategic partner on the path of growth and digital transformation, combining an excellent level of service with maximum systems resilience, including through the adoption of the most innovative technologies."
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, please visit www.kyndryl.com.
About BPER Banca
BPER Banca is the parent company of the BPER Banca Group, which brings together two territorial banks (BPER Banca and Banco di Sardegna) for about 1,800 branches covering all Italian regions, with more than 20,000 employees and more than 5 million customers. Third-largest domestic listed banking group by global funding of which numerous product and instrumental companies are part, in addition to credit institutions. The Bank's distribution structure on the peninsula now includes 10 Territorial Departments. BPER operates through investee companies or joint ventures in all the main market segments (corporate & investment banking, wealth management & insurance, leasing, factoring and consumer credit) and is able to offer, thanks to a solid network of shareholdings and partnerships, qualified assistance to its customers on all the main international markets.
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