IBM said that it has signed a seven-year, €55m strategic outsourcing agreement with Finnish IT banking services provider Samlink.

Under the agreement, IBM will manage Samlink’s infrastructure services across its data centre environment, enabling it to focus on core infrastructure technology (IT) banking service activities while benefiting from new IBM services technologies.

According to IBM, it will develop and maintain Samlink’s IT infrastructure, including mainframe, middleware software, server and storage management services. Its next generation services platform provides flexibility for clients to transform and meet the emerging requirements of green IT.

In addition, the company will also assist Samlink in generating cost efficiencies, while providing improved business flexibility, reliability, availability and security. It will also supply service delivery and management processes, tools and expertise.

Johan Sandell, country general manager at IBM Finland, said: The new outsourcing services contract is designed to help Samlink achieve greater efficiency in their operations by deploying solutions that optimize their IT infrastructure and reduce costs. We will extend beyond current services and focus on providing outsourcing services that enhance the business value of Samlink.”

Heikki Sirve, chief executive officer of Samlink, said: We provide IT and product development services for our clients in the Finnish financial industry. To be successful, our clients need high-quality and cost-efficient services. The partnership with IBM will enable us to raise our services to the next level.”