IBM, Banca CR Firenze in Deal to Provide Italian Bank With New IT Infrastructure and Business Consulting to Support Full Branch Transformation

a Web-based platform that blends numerous data sources and sales channels (Web, call-center, etc) for maximum flexibility and cost effectiveness. The new platform is designed to give Banca CR Firenze the ability to more quickly roll out new products in a matter of days instead of months and to more easily comply with an ever-shifting regulatory landscape.

"This agreement is an important part of our bank's growth strategy," said Massimo Basso Ricci, Deputy General Manager Banca CR Firenze. "As we look to grow our business in the next few years, we realized we needed a new infrastructure for business development. IBM is helping us build a very competitive platform for our future growth."

"IBM's expertise with services-oriented architecture will allow the bank to more quickly accomplish a business reformation that up until a few years ago was not possible," said Cesare Bollini, Director of Financial Services Sector IBM Italy. "The new platform not only lowers operating costs for the bank, but will allow it to grow revenues by providing better customer service and more targeted sales campaigns. That is a key benefit of integrating sales-channel data and computing resources onto a single system that is used by all bank divisions from credit cards to mortgages."

The agreement also includes facility and desktop management services and the management of all the IT systems for Banca CR Firenze's branches.

About Banca CR Firenze

Banca CR Firenze is one of the most important banks in the Italian financial market, with about 550 branches and a Net Income of 171MEUR. Banca CR Firenze leads a Group of banks, including Cassa di Risparmio di Civitavecchia, La Spezia, Orvieto and Pistoia, and some participated companies as Findomestic Banca, leader in consumer credit.

About IBM

For more info about IBM Financial Services, please visit: http://www.ibm.com/industries/financialservices/doc/jsp/indseg/financialmarkets

Contact: IBM Michael Corrado IBM Media Relations (914) 642-3009 mcorrado@us.ibm.com

SOURCE:  IBM

Author:  

Email:    

Topic:    

Content:

Related Computer Hardware Articles

• Marnlen to Embrace IBM Invention for Privacy-Enabled Product Tracking Labels
  13 July 2006



• Retailers Assured of Seamless Integration of Video Security Applications That Reduce Loss, Using IBM Store Integration Framework and BroadWare StoreSi
  13 July 2006



• Analyst Firm Positions IBM in Leaders Quadrant of Magic Quadrant Report
  12 July 2006



• LiteScape Introduces Unified Communications Solution as Launching Pad for Microsoft and IBM Collaboration on IP Phones and Mobile Devices
  12 July 2006



• Proginet Introduces CyberFusion Integration Suite Support for Linux on the IBM Mainframe
  12 July 2006



• Sybase and IBM Set Transaction Processing Record for Linux
  12 July 2006



• VeriTest Declares AMD-Based NVIDIA Business Platform(TM) Systems Deliver 'Excellent' Stability
  12 July 2006



• Los Angeles Small Business Technology Boot Camp Debuts July 19th to Help Young Companies Succeed
  12 July 2006



• IBM Delivers Small and Medium Businesses a Complete Oracle(R) ERP Solution Based on System i
  12 July 2006



• IBM Donates E-Learning Software Code and Expertise to Sakai
  12 July 2006