IBM has scooped a deal to supply much of the technology for the Argentine branch of South Africa's Standard Bank.
The South American branch has signed a technology services agreement with IBM which includes hosting, operation and recovery services as well as hardware provision to help the bank update its technology processes.
The new agreement covers mainframe, disk drives, tape, recovery services featuring dedicated and enhanced equipment, SNA network operation, and Web Hosting services also provided with new, larger capacity equipment.
In addition, this contract led to the signing of an agreement for the purchase and support of distributed software licenses which include IBM Information Management, Tivoli and WebSphere products.
This will enable Standard Bank to continue applying its resources to strategic activities, focus on its transformation and growth process, as well as predict and reduce IT operations' related costs.