View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
June 3, 2010

IBM Inks Agreement With ElectraCard Services

IBM has signed a 10-year, multi-million dollar agreement with ElectraCard Services (ECS), an India-based provider of software solutions for electronic payment systems, for providing business continuity services.

By CBR Staff Writer

As part of the agreement, IBM will manage ECS’ infrastructure at the disaster recovery site located at IBM’s data center in Bangalore as well as its primary IT infrastructure located in Mumbai.

IBM will enable ECS to align its IT initiatives, such as risk management, with their continued business requirements to help them focus on core business while reducing capital expenditure.

Ramesh Krishnan, head of customer delivery at ElectraCard Services, said: With ECS’s growing business requirements, it has become crucial for us to merge our high dependency on IT with business goals in the current business context. We feel confident delegating this responsibility to IBM who has the requisite domain expertise and technology competence with regard to scalability and security.

“In addition, IBM’s pay-as-you-go model, their enduring commitment, existing relationship with us, and their delivery capabilities have resulted in this successful partnership.

ElectraCard Services is a wholly owned subsidiary of Opus Software Solutions and provides business critical applications and third party processing services for credit and payment management across the world. ECS is a PCI DSS certified third party processor for MasterCard and Visa across the issuing and acquiring side.

Content from our partners
Scan and deliver
GenAI cybersecurity: "A super-human analyst, with a brain the size of a planet."
Cloud, AI, and cyber security – highlights from DTX Manchester

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU