IBM wins Bank of Ireland support deal

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Bank of Ireland has awarded the contract to support its entire IT infrastructure to IBM.

A statement released by IBM said that a five year deal will see it take over from HP to manage the bank group’s IT infrastructure. The deal was signed in July, but financial details were not mentioned.

“During the intervening period, an extensive due diligence phase has been undertaken and relevant regulatory approval has been granted,” said the statement

IBM saw off competition from previous contract holders HP and Indian outsourcing company HCL.

Anne Mathews, media relations manager, Bank of Ireland, had told ComputerScope during the selection process that the new deal would have a “scope broadly similar” to the old deal and would entail on a group wide solution that was focused on service enhancement.

“The signing of this contract marks the culmination of a lengthy process, during which Bank of Ireland assessed a number of potential service providers”, said Larry Kiernan, chief technology officer and head of Group IT, Bank of Ireland. “We have now agreed a Group-wide solution for the provision of our IT infrastructure services and, under this agreement, will have access to a wide range of innovative IT solutions. We will continue to work closely with our existing provider, HP to ensure a smooth transition to IBM.”

“IBM offers an outstanding value proposition to clients like Bank of Ireland”, said Peter O’Neill, country general manager, IBM Ireland. “Bank of Ireland is a great example of an industry leader that focuses on driving strategic value. IBM brings extensive experience in service delivery across the enterprise supported by world class delivery capabilities and ongoing process and technology investments.”

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