Dexia, European financial firms tap IBM for IT support

Friday 6 December 2013 | 19:08 CET | News
IBM has announced it has signed an agreement with Dexia and several major financial institutions in Europe to build and manage their IT infrastructure previously managed by Associated Dexia Technology Services (ADTS). As a result of this agreement, IBM takes a controlling share in ADTS establishing an IBM company, renamed as Innovative Solutions for Finance (ISFF), with signed sourcing contracts at a total value of USD 1.3 billion over seven years. With this agreement, IBM will implement a cloud infrastructure to expand ISFF services into new markets and optimise the efficiency o fits

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Categories: IT
Countries: Europe
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


IBM completes acquisition of FiberLink

Published 18 Dec 2013 19:18 CET | United States
IBM has announced it has completed the acquisition of FiberLink Communications, a privately held mobile management and security ...

IBM, Business Partner Bechtle win IT contract from EC

Published 09 Dec 2013 22:43 CET | Europe
IBM and Business Partner Bechtle have won a USD 115-million contract with the European Commission for System x and Flex Systems ...

IBM, Microsoft, Google lag behind Amazon in IaaS/PaaS market

Published 27 Nov 2013 16:58 CET | World
Global IT giants, Microsoft, IBM and Google, continue to lag far behind Amazon (AWS) in the IaaS/PaaS market, despite the ...

Tec de Monterrey, IBM open digital marketing centre

Published 22 Nov 2013 10:55 CET | Mexico
Tecnologico de Monterrey and IBM Mexico have opened the Innovation and Digital Marketing Centre at the University's Santa Fe ...

IBM Spain sees green shoots in some areas of ICT investment

Published 21 Nov 2013 13:04 CET | Spain
Although the ICT sector continues to suffer the effects of the economic recession in Spain, IBM sees some green shoots appearing ...

Gemalto picks IBM for eBanking security platform upgrade

Published 21 Nov 2013 07:42 CET | World
Gemalto has signed a partnership agreement with IBM for its enhanced Ezio eBanking security platform. The Ezio eBanking Server ...

Calendar   /   Industry Events

25 Jan Ericsson Q4 2021
25 Jan Verizon Q4 2021
25 Jan Microsoft fiscal Q2
25 Jan F5 fiscal Q1
25 Jan Uniti Group Q4
25 Jan European 5G Conference
26 Jan AT&T Q4 2021
26 Jan Crown Castle Q4 2021
26 Jan Corning Q4 2021
26 Jan Intel Q4 2021
26 Jan Calix Q4 2021
27 Jan Juniper Networks Q4 2021
27 Jan STMicroelectronics Q4 2021
27 Jan Extreme Networks fiscal Q2
27 Jan MTN Nigeria Q4 2021
27 Jan Rogers Communications Q4 2021
27 Jan Elisa Q4 2021
27 Jan Comcast Q4 2021
27 Jan Samsung Electronics Q4 2021
27 Jan Apple fiscal Q1
27 Jan FCC meeting
28 Jan SK Hynix Q4
28 Jan Telia Lithuania Q4 2021
28 Jan Telia Company Q4 2021
28 Jan Charter Communications Q4
::: More Calendar Items