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BNP Paribas has renewed and expanded its multi-year partnership with IBM, introducing a new cloud infrastructure initiative set to launch in 2028. This collaboration aims to enhance operational resilience, data security, and compliance with regulatory standards, while also providing advanced GPU resources for AI-driven innovation in financial services. The bank will maintain a hybrid approach by hosting IBM Cloud within its data centres, further strengthening its technological foundation.
BNP Paribas has renewed its partnership with IBM Cloud for an additional ten years to enhance its cloud-native strategy and support generative AI advancements. The agreement includes allocating new space in BNP Paribas' data centers for IBM Cloud by 2028, aimed at improving resilience and safeguarding customer data.Additionally, the collaboration will leverage GPUs on IBM Cloud to facilitate the bank's application modernization efforts through a cloud-native approach, aligning with the European DORA regulation to bolster operational resilience in financial services.
BNP Paribas has signed a multi-year agreement with IBM Cloud to enhance its data center infrastructure, dedicating a new area for IBM Cloud hardware by 2028. This initiative aims to comply with the European DORA regulation and bolster business continuity, security, and customer data protection. Additionally, BNP will leverage GPU capabilities on IBM Cloud to explore generative AI applications, while also planning to implement Oracle's Exadata Cloud@Customer for improved database management.
BNP Paribas has renewed its partnership with IBM Cloud, expanding their collaboration to enhance the bank's technological infrastructure by dedicating a new area in its data centers for IBM Cloud by 2028. This initiative aims to bolster operational resilience, ensure business continuity, and support the bank's digital transformation, particularly in payment systems and generative AI use cases. The partnership also emphasizes a cloud-native approach using Red Hat OpenShift® to modernize applications and improve flexibility in banking services.
Alan Peacock
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
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