IBM and Atos Partner to Improve Cloud Migration in Financial Services

Multinational tech giant IBM is all set to partner with professional services company Atos. The two companies are joining forces to create a new Atos Cloud Center of Excellence. 

The new hub is expected to assist insurance companies and banks to improve their regulatory compliance and security while migrating their workloads to the cloud.

This news comes a few months after IBM and Atos announced the expansion of their global relationship earlier this year. Both companies are currently focussing on helping their customers accelerate their digital transformation processes. 

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COVID-19 Pandemic Accelerates Digital Transformation

The COVID-19 pandemic is one of the main catalysts to drive the demand for digital transformation. Businesses are tweaking their business models in line with the shifting market and customer trends. 

In the financial sector, insurance companies and banks are gradually moving their applications to the cloud at a rapid pace. However, cloud migration is marred with a number of roadblocks and not a very straightforward process. This is why a lot of financial companies are looking to partner with the right tech provider to unlock long-term opportunities. 

Atos and IBM Partnership

Atos and IBM have joined hands to cater to this increasing demand. The objective of the partnership is to provide the best solutions to support the growth of financial services with the new Atos Cloud Center of Excellence. Both the companies will help customers take their customer mission-critical activities to the Cloud. 

As a result of the partnership, we are likely to see workloads being shifted to the IBM Cloud for Financial Services, leveraging the platform’s compliance and built-in security protocols. 

Global Head of Financial Services & Insurance, Atos, Adrian Gregory said that the partnership with IBM will enable both companies to make a positive impact and support financial services companies in their transformation. Further, IBM Cloud for Financial Services and Atos OneCloud will also help companies to cater to problems linked with compliance, security, and resiliency. 

The Atos Cloud Center of Excellence will offer financial and technological services and expertise for clients. In addition, these services will be further supported by Atos professionals who have trained on IBM Cloud for Financial Services, Red Hat OpenShift, IBM Cloud Paks. These professionals will also offer assistance in local languages. 

SEE ALSO: MRI Software Announces Box+Dice Acquisition, Adds Sales CRM to its PropTech Portfolio

Feature Image Source: Image by rawpixel.com

 

Karandeep V

Karandeep was born in Pune, Maharashtra, an upcoming metropolitan city in the Western region of India. While most members of his family are engineers, he had different ideas. He was more inclined toward exploring the non-technical aspects of a business, which is why he studied Bachelors of Business Administration at Symbiosis International University, Pune.  Having said that, his love for new and upcoming technologies remained intact, which is why he has written extensively about technology throughout his career. After a brief stint with a gaming company at the beginning of his career, he discovered that his love for writing was not temporary.  Being a tech geek, he always liked installing and playing around with new applications on his mobile devices and the home desktop. He was fascinated by how technology can simplify even the most mundane and complex tasks with just a few commands. He keeps a close eye on how businesses use different tools to streamline their operations to boost productivity and efficiency.  At ToolsMetric, he writes product reviews that cover the main features and specifications of different enterprise applications. The sheer amount of innovation and hard work that goes into building these tech solutions is one of the reasons why Karandeep loves reviewing these tools. Besides product reviews, he also writes interesting news articles and blogs that track the latest developments in the tech industry.  When he is not writing, you can find him rooted to his seat playing video games, watching movies, or supporting his favorite football team. Since his childhood, he has always loved to travel and explore new places. Traveling is a major part of his life due to a myriad of reasons such as experiencing new cultures, food, and traditions. His other hobbies include playing football, cooking, and running.  You can find him on LinkedIn here.

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