The National Bank of Ukraine has adopted IBM’s smarter computing approach to IT. As part of the agreement, IBM will help the financial institution store, back up and process more than 16 terabytes (TB) of information.
Currently the National Bank of Ukraine is providing financial guidance to more than 176 banks, representing more than 125 million personal and corporate financial accounts. “We realized that if we wanted to dramatically reduce the potential impact of an IT disaster, while fulfilling international banking regulations, keeping our clients happy and our expenses under control, we had to start innovating at the heart of the process – where the financial data was being stored,” said Oleksii Bilash, head of the IT department at the National Bank of Ukraine.
Under the agreement signed last year, IBM and its Business Partner Integrity Vision installed 16 TB of new storage disk space and server virtualization. A comprehensive storage platform based on two connected IBM System Storage DS8800 systems was established.
Last year, IBM announced 10 different smarter computing agreements with banks from across CEE including Sberbank in Russia, PKO Bank Polski in Poland, Erste & Steiermarkische Bank in Croatia, PRAVEX-BANK in Ukraine, Garanti Bank inTurkey, JSC Rietumu Banka in Latvia, Societe Generale in Serbia, NovaLjubljanska Banka in Slovenia and Raiffeisen Bank inRomania and Czech Republic. In Kenya, IBM announced five strategic agreements with banks as Credit Bank, Co-operative Bank, Family Bank, National Bank of Kenya and National Industrial Credit (NIC) Bank. Those deals are among more than 20 similar agreements that IBM has signed with banks throughout Africa in 2011.