BNP Paribas Signs an Agreement with IBM Services to further deploy its Cloud Strategy
22.01.2019 | Group, Press release
- In addition to its Private Cloud, BNP Paribas will now integrate the IBM Cloud solution, hosted in dedicated BNP Paribas data centres.
- This agreement will also enable the bank to strengthen its ability to subscribe to “As a Service” IT services through IBM Public Cloud solutions.
- This new step in BNP Paribas's cloud strategy will support the digitisation of the bank, offering customers the best services while ensuring the security and confidentiality of their data.
Banks are faced with changing consumer behaviors and expectations, in areas such as real-time banking, mobile services and access to a more complete view of their financial situation. To address customers’ expectations, BNP Paribas has engaged a transformation plan aiming at accelerating its digital transformation and improving the group’s operational efficiency.
In this context, BNP Paribas and IBM Services have announced today the renewal, for a duration of 8 years, of their partnership which has enabled to create in 2003 the IT services company BNP Paribas Partners for Innovation (BP2I), a joint venture held equally by BNP Paribas and IBM. This agreement will allow BNP Paribas to continue to deploy its Cloud approach thanks to IBM Services solutions.
BNP Paribas, which developed its first private Cloud in 2013, will now integrate the IBM Cloud hosted in data centers dedicated to the bank. BNP Paribas will also strengthen its Hybrid Cloud “As a Service” capabilities using IBM solutions offered via its public Cloud to support the development of new services, including test and applications environments.
In line with its Cloud strategy and in order to ensure the security of its customers' data, BNP Paribas will not use Public Cloud for either customer data or production environments with sensitive information.
Thanks to IBM’s expertise, this new step in the bank’s Cloud approach will enable BNP Paribas to gain agility and to ensure the performance of its IT systems, while respecting security constraints. It will notably improve the "Time to Market" for new digital applications and services and the privileged access of BNP Paribas to new technologies.
Thanks to this agreement, BNP Paribas will use IBM Hybrid Cloud solutions to increase its services capabilities through the usage of multiple environments, such as Dedicated Cloud, Public Cloud and Private Cloud, while ensuring the reversibility between these different environments. It will enable at the bank’s level to improve the integration and optimise the workload management between these various Cloud infrastructure services.
The new banking services and technologies developed by BNP Paribas notably through IBM solutions, will contribute to the acceleration of the digitisation of the bank, the improvement of the services offered to its customers, and the support of the development of new digital applications.
About BNP Paribas
BNP Paribas is a leading bank in Europe with international influence. It is present in 73 countries, with more than 196,000 employees, including close to 149 000 in Europe. The Group holds key positions in its three main business areas: Domestic Markets and International Financial Services, whose retail banking networks and financial services are grouped in Retail Banking & Services, and Corporate & Institutional Banking, which focuses on Business and Institutional customers. The Group accompanies all its clients (individuals, associations, entrepreneurs, SMEs, large companies and institutions) to help them carry out their projects by offering them financing, investment, savings and protection services. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the first specialised financing actor for individuals in Europe. BNP Paribas also develops its integrated retail banking model in the countries of the Mediterranean basin, in Turkey, in Eastern Europe and has an important network in the Western United States. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas has a strong presence in Europe, a strong presence in the Americas, as well as a strong and growing one in Asia-Pacific.
About BNP Paribas Partners for Innovation (BP2I)
BNP Paribas Partners for Innovation (BP2I) is an IT services company, created in 2003, whose sole customer is BNP Paribas.
It is a joint venture held equally by BNP Paribas and IBM.
Its know-how is based on technological mastery, the performance of its IT services and the business expertise of the banking services.
The advantages of BP²I’sorganisation are the economic performance, the reinforcement of the employee's working autonomy and the engagement of the teams. BP²I is considered a strategic tool for the growth and development of the company at the IT level.
About IBM Services
IBM Services designs, builds, and runs the foundational systems and services that is the backbone of the world's economy. The clients IBM Services support include:
- 4 out of the top 5 airlines by revenue
- 8 out of 10 leading mobile operators
- 8 out of 10 largest automobile manufacturers
- 4 out of 10 largest global retailers
- 7 out of 10 biggest insurance companies