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CaixaBank boosts digital capabilities with IBM Cloud for Financial Services; Onboards to New IBM Cloud Multizone Region in Spain

ARMONK, N.Y., Sept. 15,A 2021 /PRNewswire/ --A IBM (NYSE:IBM) announced today its first IBM Cloud Multizone Region (MZR) in Spain and a new agreement with CaixaBank, a leading financial group in Spain, to boost the bank's digital capabilities by joining this MZR and embracing IBM Cloud for Financial Services.
CaixaBank boosts digital capabilities with IBM Cloud for Financial Services; Onboards to New IBM Cloud Multizone Region in Spain
IBM has been a technology partner of CaixaBank for more than 50 years. Under this agreement, CaixaBank will launch its CloudNow project which aims to evolve business core applications, improve efficiencies and reinforce its innovative vision of financial services with increased availability and resiliency."IBM has become an indispensable partner in the development of CaixaBank's digital capabilities, not only due to its in-depth understanding of the financial sector's challenges, but also because it has enabled us to advance into future of banking. This collaboration has helped us to combine our current technological infrastructures with an updated environment boosted by cloud technology and artificial intelligence. The new MZR is a key milestone to keep offering our 21 million customers the best user experience we can while maintaining the highest levels of information confidentiality and protection,"A Gonzalo Gortazar, CEO of CaixaBank said.A  To help scale hybrid cloud adoption, IBM's new MZR is designed to enable European clients to deploy mission-critical workloads with high levels of security, and address their data sovereignty and regulatory compliance requirements. IBM's expanded footprint signals its continued investment to help foster business growth inA Europe and is expected to create hundreds of jobs in Spain. IBM continues to support the EU's efforts to build greater trust in the digital economy.
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