Yes Bank to use IBM 'On demand technology Infrastructure'

IBM has announced that it would provide complete IT infrastructure including servers, storage and desktops as well as IBM middleware to Yes Bank in India. This is to build in 'On demand technology infrastructure' in order to drive the bank's business transformation requirements. 

According to Yes Bank Executive Director, H Srikrishnan, “The bank would run its core banking applications, cash management and treasury applications on IBM Power5-based servers as database servers and xSeries application servers.” He added that IBM's 'Infrastructure-on-Demand' solution would provide Yes Bank superior performance high-end servers, inherent scalability, in-built obsolescence protection and guarantees extremely high-levels of uptime, which are critical for banking institution, he observed. 

Further, Srikrishnan also informed that Yes Bank has recently tied with Wipro, who would be taking care of the back-end IT activities of the bank such as data center management, maintenance, integration of servers, telecom and other IT infrastructure related activities. 

“With outsourcing certain back-end activities to Wipro, the bank would save at least 35% of its IT spend. Wipro is expected to carry out bank-end support for Yes Bank for a said period of seven years,” he said.

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