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December 2, 2014

IBM signs up Dutch bank for 10-year cloud deal

Multibillion-dollar contract follows deal with Lufthansa.

By Ben Sullivan

IBM has signed a 10-year, multibillion-dollar cloud services contract with ABN AMRO bank, following last month’s IT infrastructure deal with Lufthansa.

The agreement includes the implementation of a private IBM cloud together with further standardisation of AMRO’s existing IT landscape, from mobile computing to mainframe infrastructure.

IBM said agreement is expected to create financial savings over the life cycle of the contract.

Based in the Netherlands, ABN AMRO serves retail, private and corporate banking customers. This agreement sees the extension of the bank’s strategic IT relationship with IBM.

The deal with IBM provides fully managed services for mainframe, servers, storage, end-user computing, help desk as well as application support.

"With the transformation of ABN AMRO and the strategic shift we see in the Industry, we will enable ABN AMRO in accelerating time to market, address and improve customer service," said Piet Bil, IBM MD for ABN AMRO.

"With this agreement we will further speed-up the transformation of ABN AMRO enabling the latest technology and services. Through our continued partnership, ABN AMRO will be able to evolve its IT infrastructure with new capabilities that leverage IBM’s investments in cloud, as well as analytics and security."

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