AIB signs up to z15-powered transformation
Summary
IBM technology has been the backbone of our service delivery for over 30 years and this agreement maintains our relationship in the innovation space. “This will be a core contributor in ensuring that we achieve the key technology objectives that underpin our 2023 strategic ambitions and to meet the challenges faced in our industry.” AIB said the IBM technology platform will also be used to improve the bank’s cyber resilience and fraud detection capabilities, ensuring its digital services remain highly performant, available and secure for its customers. Deborah Threadgold, country general manager, IBM Ireland, said: “The IBM z15 is a key part of the bank’s overall hybrid cloud strategy and will enable AIB to efficiently and securely manage traditional operations and provide our highly experienced team with the tools to deliver new digital services in a very agile manner.” Recognising the shift to online banking during the pandemic, in December 2020, AIB completed a strategic review that set out a three-year plan for digital transformation. As part of the strategic review, the bank announced sustained investment of €300m a year to improve functionality, customer experience and security. “The IBM products and services we are acquiring allow us to further extend that hybrid cloud ambition in an innovative, agile, secure and compliant manner.”