Page 1

kyndryl ABN AMRO engages Kyndryl and IBM to help modernize its IT Operating Model to enable Public Cloud , Agile and DevOps in pursuit of its strategy to become a personal bank in the digital age October 19 , 2021 Multi - year agreement for flexible infrastructure services and hybrid cloud software to help accelerate bank's transformation projects AMSTERDAM and NEW YORK and ARMONK , N.Y. , Oct. 19 , 2021 / PRNewswire / -- Kyndryl and IBM today announced an agreement with ABN AMRO , a 420 million Euro deal that builds upon their long - standing services relationship for the management of the bank's hybrid cloud infrastructure , supporting its domestic and international operations through the end of 2029. Based in the Netherlands , ABN AMRO serves retail , private and corporate banking customers in Northern Europe with loans , mortgages and other banking solutions . This innovative agreement is intended to enable the bank to transform and modernize its IT operating model . The goal is to have a more responsive and client centric way of working to help towards a faster , flatter , more focused , more flexible and provide more degrees of freedom . This can help ABN AMRO to realize its goal of developing and delivering more personal services to its customers in the digital age . The transformation includes : • The integration of the Kyndryl team with the ABN AMRO team to implement a single services delivery model This will have the goal of helping to eliminate the duplication and management of overhead . • Alignment of these jointly provided services to the bank - owned strategic platforms with SaaS , Azure * , mainframe , and on - premises private cloud services . • The implementation of a single set of tooling and consistent processes used by Kyndryl and ABN AMRO and across all platforms . . Convergence of current on - premises platforms to a single private cloud , helping to eliminate duplication and provide enhanced services for consumers . • Further modernization of the mainframe platform , building on industry best practices , including enablement of DevOps and CI / CD . • Modernization of middleware through the deployment of IBM Cloud Paks . IBM will supply IBM Z hardware and software , including IBM Cloud Pak for Data , IBM Cloud Pak for Integration and WebSphere Hybrid Edition to help accelerate the journey to hybrid cloud . By shifting from traditional licenses towards IBM Cloud Paks , ABN AMRO can benefit from the flexibility to run existing workloads on both on - premises and public cloud platforms enabling a faster pace with the journey to cloud . " This agreement is core to achieving our IT operating model goals for the current decade . ABN AMRO will re - take end - to - end control and responsibility for platform services while maintaining close support from essential , embedded capabilities provided by Kyndryl . More parties in the complex ecosystem will have controlled access to production environments enabling true multi - party Agile and DevOps . We will integrate the teams into a single service delivery model in order to ensure speed , flexibility and consistency for our consumer community , " said Jan van Groningen , ABN AMRO Chief Technology Officer . " We are pleased to continue a productive and successful collaboration with IBM and Kyndryl moving forward . " " ABN AMRO has been a key IBM client for decades , " said Marcell Schmidt , Technology Leader for IBM Netherlands . " We look forward to a continued close relationship , collaborating with Kyndryl , enabling the modernization of existing applications and new solutions powering ABN AMRO's platforms . " " We are delighted with ABN AMRO's engagement of Kyndryl and look forward to continuing the transformation of the services we provide to the bank , " said Jonathan Ingram , Kyndryl Managing Partner for ABN AMRO . " This approach can enable clients to fully adopt DevOps while maintaining the security , resilience and high availability services that Kyndryl prides itself on . " IBM and ABN AMRO signed their hybrid cloud infrastructure transformation agreement in June 2021 ( IBM's second quarter 2021 ) . * Azure is a trademark of the Microsoft group of companies . About ABN AMRO ABN AMRO is one of the Netherlands ' leading banks . We create value for our stakeholders by providing individuals and businesses with banking services such as loans , mortgages , payments , savings , advice and asset management . Our focus is on Northwest Europe , with over 19,000 ABN AMRO employees worldwide . Outside the Netherlands , ABN AMRO has offices in 13 countries . Our vision is to be a personal bank in the digital age , serving clients where we have scale in the Netherlands and Northwest Europe . For more information , visit : www.abnamro.com About Kyndryl Kyndryl is the new independent public company that will be created following the separation of IBM's Managed Infrastructure Services business , expected to occur by the end of 2021. Kyndryl designs , builds , manages and modernizes the mission - critical technology systems that the world depends on every day , with the industry's most experienced services experts . For more information , visit www.kyndryl.com About IBM For more information on IBM , visit www.ibm.com Contact