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Atos and IBM to partner on new financial services center of excellence

New partnership could speed up digital transformation efforts for banks and insurance firms

growth strategy

Atos and IBM have teamed up to create a new center of excellence to help banks and insurance companies bolster security and regulatory compliance when moving to the cloud.

The partnership will see Atos modernize its customer mission-critical workloads and migrate them to the IBM Cloud for Financial Services. The firm added that by using the platform’s built-in security and compliance protocols, clients could reduce risk and regulatory barriers that impede transformation and innovation.

The new Atos Cloud Center of Excellence intends to provide technical and financial services advice and expertise with Atos professionals trained on IBM Cloud for Financial Services, IBM Cloud Paks, and Red Hat OpenShift, providing local language assistance.

Atos said that its work to support the IBM Cloud for Financial Services through the new Atos Center of Excellence reinforces the company’s goal of delivering application modernization and hybrid cloud transformation at scale. It said this was enabled by its Atos OneCloud, which, it said, helps customers speed up migration to the Cloud through a one-stop-shop offering.

Atos will also offer automation services including Robotic Process Automation, AI-driven intelligent workflows, and business processes reengineering accelerated by IBM Cloud Pak for Data and IBM Cloud Pak for Integration

Adrian Gregory, SEVP and global head of Financial Services and Insurance at Atos, said that banks and insurance companies are moving their applications to the Cloud at speed with the pandemic making this an issue with greater urgency.

“This sense of urgency must be matched with determination to select the right partner to unlock long-term opportunities. By combining the power of Atos OneCloud with the IBM Cloud for Financial Services, together we can play a pivotal role in supporting financial services organizations on their transformations, helping them to address their security, compliance, and resiliency challenges,” he said.

Howard Boville, head of IBM Cloud Platform, said that the need for security and compliance across all platforms is paramount.

“IBM Cloud for Financial Services aims to address the risks the industry is facing with built-in controls focused on the regulatory barriers that have historically impeded digital transformation,” he said.

Boville added that the new Atos Cloud Center of Excellence will combine IBM’s hybrid cloud and AI solutions with Atos’ industry experts trained and certified for those solutions, “as well as automation capabilities to accelerate innovation throughout the industry without sacrificing security.”

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