ARMONK, N.Y., July 5, 2018
/PRNewswire/ -- IBM (NYSE: IBM) and Italian bank, Banca
Carige, have officially launched Dock, a $500M U.S. joint venture, to bring innovative
technologies including AI, big data, analytics and cognitive tools
to improve the competitiveness of Carige's more than 500 branches
and over 1 million clients.
As one of the leading Italian banking groups, with more than 500
years of tradition, this partnership, which was signed in this
year's first quarter, gives Banca Carige the ability to respond to
new business needs by facilitating the simplification of their IT
environment while also creating a path to digital transformation
that will help drive client experience excellence under a single
bank model.
IBM Services will deliver a
solution involving all sectors of the banking group and provides
for the introduction of innovative technologies with the aim of
improving the commercial competitiveness of the Bank. And though
Dock will initially focus on driving innovation and competitiveness
for Banca Carige, it has also put the gears in motion to lead the
region's banking sector towards a future full of new professional
skills and opportunities such as digital banking and Cloud
storage.
"The partnership with IBM represents an important turning point
and a new starting point for Banca Carige as we will be able to
take advantage of IBM's
capacity for developing new technologies," said Paolo
Fiorentino, the bank's CEO. "With increasing energy we will
be able to concentrate on our traditional commercial banking
activity and, thanks to an international partner of the highest
standing, achieve high standards of business process efficiency, at
the forefront of the banking sector."
The planned solutions will lead to:
- Cost reductions, through digital transformation of the Bank's
technological infrastructure - with the evolution towards a "hybrid
IT" model and a progressive migration of workloads in cloud
environments;
- Transformation towards a "new generation bank", agile in
responding to the client, creative and open to innovative
collaborations in the sector;
- Development and offering of innovative services through the
automation of branch processes, also with the extensive use of
robotics and the evolution of the skills of its operators as
financial advisors;
- Laser focus on business continuity, operations security and
compliance with the regulatory environment.
"With this new alliance, a path is born that leads the banking
sector towards a future full of new professional skills and
opportunities offered today by innovation and technological
progress," said Enrico Cereda,
President and CEO of IBM Italy. "IBM Italia is proud to accompany
one of the country's oldest financial institutions along the path
of digital transformation."
Dock currently employees 173 people, 133 of whom come from
Carige and 40 from IBM, and the road to new hires which will
benefit the territory is being opened through collaborations with
universities and local institutions.
About IBM Services:
For more information on IBM Services, visit
https://www.ibm.com/services
Follow @IBMServices on Twitter
Media Contact
Tricia Vuiton
IBM Media Relations
tavuiton@us.ibm.com
+1 (914) 765-4980
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SOURCE IBM