Kyndryl accelerates cloud migration for National Bank of Canada

TORONTO, June 18, 2024 — Kyndryl (NYSE: KD), the world’s largest IT infrastructure providers supplier, at present introduced an prolonged partnership with Nationwide Financial institution of Canada to speed up its digital transformation and cloud migration. Kyndryl has been supporting Nationwide Financial institution’s important infrastructure for a few years and is now working with the financial institution to modernize its surroundings to streamline workloads and operations, cut back technical debt and innovate throughout the group.

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The cloud native working mannequin is designed to enhance the financial institution’s operational agility by enabling it to scale up or down its computing assets in response to calls for and permitting it to launch services and products quicker and simpler. It’s going to additionally assist simplify enterprise processes by automating and integrating workflows, and by facilitating collaboration and communication amongst staff.

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“We all know Nationwide Financial institution’s legacy surroundings very effectively. With our Kyndryl Seek the advice of group, leveraging our deep hybrid cloud and mainframe experience, we are going to assist the financial institution cut back its infrastructure and operational prices, whereas gaining extra flexibility and velocity to answer altering market circumstances and buyer wants,” mentioned Farhaz Thobani, President, Kyndryl Canada. “The financial institution may even have the ability to leverage the cloud to entry new applied sciences, like synthetic intelligence, that may improve its product choices and buyer experiences.”

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"The experience of Kyndryl is a key asset for us," mentioned Julie Lévesque, Govt Vice-President – Expertise and Operations, Nationwide Financial institution of Canada. "The corporate’s dedication is crucial as we try to keep up our market management and adapt to our purchasers’ evolving wants via our cloud transformation initiatives."

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About Nationwide Financial institution of Canada
rnWith $442 billion in property as at April 30, 2024, Nationwide Financial institution of Canada is one in every of Canada’s six systemically essential banks. The financial institution has roughly 30,000 staff in knowledge-intensive positions and operates via three enterprise segments in Canada: Private and Industrial Banking, Wealth Administration and Monetary Markets. A fourth section, U.S. Specialty Finance and Worldwide, enhances the expansion of its home operations. Its securities are listed on the Toronto Inventory Trade (TSX: NA). Observe the financial institution’s actions at nbc.ca or by way of social media.

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About Kyndryl
rnKyndryl (NYSE: KD) is the world’s largest IT infrastructure providers supplier, serving 1000’s of enterprise prospects in additional than 60 international locations. The corporate designs, builds, manages and modernizes the complicated, mission-critical data methods that the world depends upon daily. For extra data, go to www.kyndryl.com.

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Kyndryl press contact
rn [email protected]

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TORONTO, June 18, 2024 — Kyndryl (NYSE: KD), the world’s largest IT infrastructure providers supplier, at present introduced an prolonged partnership with Nationwide Financial institution of Canada to speed up its digital transformation and cloud migration. Kyndryl has been supporting Nationwide Financial institution’s important infrastructure for a few years and is now working with the financial institution to modernize its surroundings to streamline workloads and operations, cut back technical debt and innovate throughout the group.

The cloud native working mannequin is designed to enhance the financial institution’s operational agility by enabling it to scale up or down its computing assets in response to calls for and permitting it to launch services and products quicker and simpler. It’s going to additionally assist simplify enterprise processes by automating and integrating workflows, and by facilitating collaboration and communication amongst staff.

“We all know Nationwide Financial institution’s legacy surroundings very effectively. With our Kyndryl Seek the advice of group, leveraging our deep hybrid cloud and mainframe experience, we are going to assist the financial institution cut back its infrastructure and operational prices, whereas gaining extra flexibility and velocity to answer altering market circumstances and buyer wants,” mentioned Farhaz Thobani, President, Kyndryl Canada. “The financial institution may even have the ability to leverage the cloud to entry new applied sciences, like synthetic intelligence, that may improve its product choices and buyer experiences.”

“The experience of Kyndryl is a key asset for us,” mentioned Julie Lévesque, Govt Vice-President – Expertise and Operations, Nationwide Financial institution of Canada. “The corporate’s dedication is crucial as we try to keep up our market management and adapt to our purchasers’ evolving wants via our cloud transformation initiatives.”

About Nationwide Financial institution of Canada
With $442 billion in property as at April 30, 2024, Nationwide Financial institution of Canada is one in every of Canada’s six systemically essential banks. The financial institution has roughly 30,000 staff in knowledge-intensive positions and operates via three enterprise segments in Canada: Private and Industrial Banking, Wealth Administration and Monetary Markets. A fourth section, U.S. Specialty Finance and Worldwide, enhances the expansion of its home operations. Its securities are listed on the Toronto Inventory Trade (TSX: NA). Observe the financial institution’s actions at nbc.ca or by way of social media.

About Kyndryl
Kyndryl (NYSE: KD) is the world’s largest IT infrastructure providers supplier, serving 1000’s of enterprise prospects in additional than 60 international locations. The corporate designs, builds, manages and modernizes the complicated, mission-critical data methods that the world depends upon daily. For extra data, go to www.kyndryl.com.

Kyndryl press contact
[email protected]