IBM has announced that several global banks will join a growing ecosystem of financial institutions and more than 30 new technology providers will be adopting IBM Cloud for Financial Services. MUFG Bank plans to explore the deployment of IBM Cloud for Financial Services in Japan, continuing its ongoing transformational journey with IBM to accelerate digital reinvention.
“MUFG has been shifting its IT workload to cloud for years, with strong focus on keeping our data secure and mitigating operational risks on this new and fast-changing technology platform. We believe IBM Cloud for Financial Services will be suited to help Japanese financial institutions redirect their efforts to maintain legacy systems toward digital reinvention in the era of the new normal. We look forward to continuing discussions around our strategic partnership with IBM to leverage best-in-class technology for our mission-critical workloads, as well as to drive Digital Transformation across MUFG,” said Hiroki Kameda, Managing Corporate Executive Group CIO of MUFG.
Howard Boville, Senior Vice President, IBM Cloud, said: “IBM is creating a platform with the goal that financial services institutions can address their regulatory requirements, while creating a collaborative ecosystem that helps enable banks and their providers to confidently transact.”
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