IBM will continue to lend technological support to Portugal’s BCP Group following a E37 million contract extension.
In December 2005, BCP and IBM signed a 10-year contract which saw IBM take over management of BCP’s Polish bank, Bank Millennium’s, information technology infrastructure
The initial deal, worth more than E110 million, is expected to reduce the bank’s infrastructure costs by 25%. The extension will see IBM expand its management to the bank’s iSeries, Wintel and Unix central systems and become responsible for upgrading data centre operations, security and disaster recovery services.
The project forms part of the group’s strategy to increase its global efficiency by centralizing and streamlining connections within its international IT network.