IBM (NYSE: IBM) and DSK Bank today announced that they have completed the migration of DSK’s banking operations to IBM’s datacentres as part of a long-term IT services agreement to manage the IBM Cloud infrastructure that supports bank’s operations in Bulgaria.
DSK has selected private cloud capabilities to transform its core banking platform and develop new services for its more than three-million individual and business clients. This is the latest example of how cloud and traditional IT are converging in the enterprise and how financial institutions enable innovation by consuming IT in an “as-a-service” model.
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of Precise Investors. The information provided on Precise Investors is intended for informational purposes only. Precise Investors is not liable for any financial losses incurred. Conduct your own research by contacting financial experts before making any investment decisions.
