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August 24, 2009

IBM signs IT services agreement with Nomura India

To provide an in-city Work Area Recovery service to recover business functions in the event of an interruption at a primary site

By CBR Staff Writer

IBM has signed a multi-year IT services agreement with Nomura Services India, a subsidiary of the financial services group, Nomura, to implement its business continuity and resiliency services to support Nomura Services’ business continuity, disaster and system failure response strategies.

IBM said that the multi-year IT services agreement will also provide Nomura Services with an in-city Work Area Recovery service to recover business functions in the event of an interruption at a primary site.

IBM claims that the services will help Nomura Services respond to crisis scenarios that may have the potential of causing major disruption to its business.

In addition, ongoing activities will be made to promote awareness and ‘plug gaps’ through regular disaster recovery drills. A comprehensive service comprising backup offices through IBM’s Work Area Recovery Centre, and a backup technology capability centre have been established by IBM to ensure Nomura the required level of business continuity should a disaster strike, IBM said.

Neeraj Sharma, director of integrated technology services at IBM India/South Asia, said: We are excited about this relationship with Nomura Services. We are confident of helping Nomura make its operations highly resilient by leveraging IBM’s global know-how in business continuity services as well as an unmatched domain expertise in the financial services industry.

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