Under the seven-year strategic agreement, SEC Servizi will use IBM’s data center infrastructure services to provide its bank clients with access to resources such as software platforms and a standardized IT infrastructure. The move is expected to allow SEC Servizi to achieve 20% annual cost savings.
IBM’s services will also be available to SEC Servizi’s customers to improve their IT infrastructure performance, while SEC Servizi will receive development and maintenance of its applications.
The two companies will also jointly develop broader offerings for banking and financial services. These new services will be offered at competitive pricing to financial services companies, which are increasingly moving to outsourcing the development and management of their non-core processes.
