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IBM and BES Sign New Outsourcing Contract
(Marketwire Via Acquire Media NewsEdge) LISBON, PORTUGAL, July 18 / MARKET WIRE/ --
Banco Esp?rito Santo (BES), one of the
major multi-specialist financial groups in Portugal and IBM (NYSE: IBM),
today announced a seven-year outsourcing services agreement for IBM to
manage the bank's information technology (IT) infrastructure.
The agreement, signed in June 2008, expands the scope of a previous
contract signed in 2006.
As part of the agreement, IBM will manage the entire BES server
infrastructure in Portugal including administration, management and
operation of the midrange infrastructure which is comprised of Intel and
Unix servers as well as all the associated storage.
The agreement includes an infrastructure transformation and optimization
program, with hardware standardization, consolidation and virtualization
projects, as well as business continuity and resiliency services.
This agreement is part of BES' IT strategy, launched in 2006, to improve IT
efficiency, as well as management processes, elevating service quality and
assuring products and processes innovation.
"We are confident in IBM's ability to deliver and manage our infrastructure
services, which was already proven during the previous two year contract
signed in 2006," said Miguel Rio Tinto, President of Esp?rito Santo
Inform?tica. "In addition, the quality and the competitiveness of the new
offerings led us to select IBM again as a long term business partner."
Ant?nio Raposo de Lima, IBM Portugal director, Global Technology Services,
stated, "This contract confirms IBM's ability to respond to demanding
performance levels in a market where the competitiveness and innovation are
crucial factors for the consolidation of financial institutions."
About IBM
For more information, visit www.ibm.com/services.
About Banco Esp?rito Santo
BES is the second private financial institution. With a medium share of
20,4% in the Portuguese bank market, BES registers 1,7 million clients.
Retail, Private Banking, Active Management, Companies and Investment Bank
are strategic business areas, followed by international expansion (Spain,
Angola and Brazil).
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Media Contacts:
Maria da Concei??o Zagalo
IBM Portugal Communications
(+351) 218 927 519czagalo@pt.ibm.com
Jenna Gable
IBM Communications
(917) 472-3512gablej@us.ibm.com
Copyright ? 2008 Marketwire
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