Velliv extends Kyndryl collaboration to support mainframe operations

COPENHAGEN, Denmark, June 11, 2026 – Kyndryl (NYSE: KD), a leading provider of mission-critical enterprise technology services, and Velliv, a leading Danish pension and life insurance company, today announced a renewed agreement extending their long-standing, trusted partnership.

Kyndryl will continue to operate Velliv’s critical mainframe workloads from its Kyndryl zCloud environment in Denmark. Kyndryl Bridge, the company’s AI-driven platform, will support Velliv with real-time visibility, proactive monitoring and enhanced operational insights across its mainframe environment.

“We are pleased to extend our collaboration with Kyndryl, which brings deep mainframe expertise and strong local skills that are critical to the stability of one of our core systems,” said Anders Rasmussen, CIO, Velliv. “Having access to experienced teams on the ground in Denmark gives us confidence in the day‑to‑day operations of our mainframe environment, while supporting transparency and control as we continue modernizing our application landscape. This partnership enables us to safeguard business continuity today while preparing responsibly for the future.”

“We are proud to deepen our collaboration with Velliv as they advance their IT transformation,” said Michael Jurgensen, Managing Director, Kyndryl Denmark. “Our shared mainframe platform in Denmark is designed to deliver secure, resilient operations at scale, while giving organizations the freedom to modernize at their own pace. This agreement underscores both the trust between our teams and the increasing importance of scalable, enterprise‑grade mainframe services in the market.”

Velliv is modernizing its application landscape as part of its long-term IT strategy, moving toward a hybrid environment where select workloads will transition to new platforms. Kyndryl will provide Velliv with continued access to a resilient and efficiently managed mainframe environment, which is essential to supporting business continuity and customer stability during this transition.

Kyndryl’s decades of experience delivering mainframe services, combined with its deep expertise in the financial services industry and strong local presence in Denmark and the Nordics, provide Velliv with a future-ready operational foundation. The shared mainframe platform enables organizations across industries to maintain the stability of critical systems while accelerating their transition toward modern, cloud-based architectures.