IBM and DBS today announced that the bank has adopted IBM’s next generation mainframe family, the z15, which promises better efficiency and computing performance.
According to IBM, the z15 is smaller and more energy efficient and is meant to help large organisations handle growing, essential computing needs in more flexible manner.
As part of the deal, IBM will also provide end to end management in simplifying the IT infrastructure to optimize the existing software and application workloads, with up to 25% in potential energy performance achievable versus the z13, an earlier IBM mainframe family.
Jimmy Ng, DBS’ group chief information officer and head of technology & operations, calls IBM a “long-standing partner” of the bank.
See Also: IBM pushes cloud computing ecosystem for banks
“We are pleased to continue this relationship as we now leverage the speed, compute power and efficiency promised by IBM z15 to meet our growing technology needs resulting from the rapid acceleration in digital adoption among consumers amid COVID-19,” he adds.
Martin Chee, managing director, IBM Singapore, notes that IBM has been the technology partner of DBS Bank for over 20 years.
“This new 7-year agreement is a reaffirmation of our capability in the banking industry and the value we bring to this relationship,” he says.
“IBM will work closely with the DBS team, to enhance their customers experience through encryption everywhere, hyper scalability, performance, availability and transaction integrity on the new z15,” adds Chee.
