IBM (NYSE: IBM) announced that it has collaborated with Indian Bank, a premier public sector bank, to accelerate its modernization path with flexible and secure compute infrastructure for deploying new front-end banking applications, while addressing the business growth of the Core Banking Solution (CBS) workloads for the bank.
Indian Bank, a top public sector bank in India, aims to consolidate Front Branch Servers for better manageability and availability at Data Centres and Disaster Recovery centers. They will also run their CBS workloads on IBM Power® servers, ensuring better availability and management. Deepak Sarda, Chief General Manager – IT and Partnership, Indian Bank said, “With benefits like better flexibility, lower costs and enhanced security, we are creating a value-oriented solution by setting up a proactive and service-oriented model for the bank.”
IBM proposes a hybrid cloud approach for Indian Bank’s AIX workloads, combining Capex and Opex models for compute resource consumption. This Infrastructure-as-a-Service (IaaS) offers additional compute and storage, private cloud building, and a single pool of processors across DC and DR. The service is equivalent to a pay-as-you-grow model.