Atos and IBM partner to accelerate cloud migration in the financial industry

Atos and IBM, two key players in digital transformation and professional services, have partnered to accelerate the migration to the cloud for banks and insurance companies.

The partnership will revolve around a new “Atos Cloud Center of Excellence”.

The focus of the center will be to increase security and regulatory compliance for financial services companies moving their workloads to the cloud.

In a joint statement, the companies said: “With the pandemic placing an emphasis on digitizing businesses in response to changing customer and market trends, banks and insurance companies are rapidly moving their applications to the cloud. Change is easier said than done, however, and their sense of urgency must be matched by a determination to select the right partner to unlock long-term opportunities.

“Atos and IBM intend to support financial services customers through the creation of a new Atos Cloud Center of Excellence. It will provide technology expertise and financial services to clients, supported by dedicated Atos professionals who are trained on IBM Cloud for Financial Services, IBM Cloud Paks and Red Hat OpenShift.

The news comes as part of the broader relationship between Atos and IBM which began in January with a collaboration on AI to optimize the operations of manufacturing and logistics companies.

A subsequent collaboration took place in July with the two companies joining forces to build a secure digital infrastructure for the Dutch Ministry of Defence.

Howard Boville, Head of IBM Cloud Platform, said, “IBM Cloud for Financial Services aims to address the risks facing the industry with built-in controls focused on regulatory barriers that have historically impeded digital transformation.

“The new Atos Cloud Center of Excellence will combine IBM’s hybrid cloud and artificial intelligence solutions with Atos industry experts trained and certified in these solutions, as well as automation capabilities to accelerate innovation in entire industry without sacrificing safety.

Want to learn more about topics like this from the senior executives in this space? Learn more about the Cloud in FinTech & Banking Summit, October 13, 2021, on how finance organizations are using cloud migration for competitive advantage.

Keywords: Atos, cloud adoption, cloud migration, digital transformation, IBM

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