Menu
Kiwi banking software firm seals five-year IBM Cloud deal

Kiwi banking software firm seals five-year IBM Cloud deal

"IBM's reputation as a global tier one IT provider was key to our decision to enter into this agreement."

Finzsoft Solutions and IBM have today announced a five-year cloud agreement to move Finzsoft's core and vertical banking applications, including its Sovereign application, to the IBM cloud.

According to Kiwi tech firm, the agreement to host the company's applications in the IBM cloud at IBM data centres in Auckland and Wellington will enable Finzsoft to offer solutions-as-a-service to clients as the company expands across the Asia Pacific region.

Under the new agreement, Finzsoft will leverage IBM Cloud Managed Infrastructure Services for New Zealand as well as infrastructure from SoftLayer, an IBM company, enabling the company to take advantage of IBM’s global network of enterprise-grade data centres.

"IBM's reputation as a global tier one IT provider was key to our decision to enter into this agreement," says Andrew Holliday, Managing Director, Finzsoft.

"Working with IBM will give our clients confidence that we are offering our solutions through a robust and secure cloud environment, something which is extremely important to tier one banks and finance companies.

"Having the IBM brand behind us will strengthen our business proposals to our clients and enable a continued focus on the development and delivery of transformational and scalable solutions for our clients."

According to Holliday, the banking sector is rapidly transforming, with the focus on digital, mobility, online banking and granular customer data meaning the company's customers want greater flexibility and more personalised and integrated solutions.

"This agile, on-demand and real time access to solutions as-a-service through the IBM cloud will also help transform how our customers approach core banking refreshes and upgrades,” he adds.

In providing mission-critical financial software and solutions to banks and financial institutions, Holliday believes moving to a cloud-based model enables them to meet the growing demands amongst its client base for operating models that deliver agility, availability and stability.

"The rapid transformation of the banking industry is being driven strongly by digital technologies," adds said Robert Varker, Business Unit Executive, IBM Integrated Technology Services.

"Finzsoft chose IBM for very clear reasons – security, enterprise-grade capabilities, global network and our ability to be a transformation partner.

"Working with Finzsoft to deliver these leading applications as-a-service demonstrates that IBM is a leading provider of cloud services with a compelling value proposition to enterprises."

Follow Us

Join the New Zealand Reseller News newsletter!

Error: Please check your email address.

Tags IBMCloudFinzsoft SolutionsData Centre

Featured

Slideshows

Arrow exclusively introduces Tenable Network Security to A/NZ channel

Arrow exclusively introduces Tenable Network Security to A/NZ channel

Arrow Electronics introduced Tenable Network Security to local resellers in Sydney last week, officially launching the distributor's latest security partnership across Australia and New Zealand. Representing the first direct distribution agreement locally for Tenable specifically, the deal sees Arrow deliver security solutions directly to mid-market and enterprise channel partners on both sides of the Tasman.

Arrow exclusively introduces Tenable Network Security to A/NZ channel
Examining the changing job scene in the Kiwi channel

Examining the changing job scene in the Kiwi channel

Typically, the New Year brings new opportunities for personnel within the Kiwi channel. 2017 started no differently, with a host of appointments, departures and reshuffles across vendor, distributor and reseller businesses. As a result, the job scene across New Zealand has changed - here’s a run down of who is working where in the year ahead…

Examining the changing job scene in the Kiwi channel
​What are the top 10 tech trends for New Zealand in 2017?

​What are the top 10 tech trends for New Zealand in 2017?

Digital Transformation (DX) has been a critical topic for business over the last few years and IDC is now predicting a step change as DX reaches macroeconomic levels. By 2020 a DX economy will emerge and it will become the core of what New Zealand industries focus on. From the board level through to the C-Suite, Kiwi organisations must be prepared to think and act digital when the DX economy emerges in 2017.

​What are the top 10 tech trends for New Zealand in 2017?
Show Comments