Westpac New Zealand has selected IBM's Private Modular Cloud for development and testing as part of a new five year agreement.
The deal also includes an extensive services and technology contract under which the bank will migrate some of its business critical IT systems into IBM's Auckland data centre. Westpac is also renewing its IBM mainframe services, midrange and storage platforms.
Westpac NZ is already a long-term IBM strategic outsourcing client. IBM manages the bank's infrastructure services under an agreement first signed in 2000.
Westpac's interim chief information officer, Jason Millett, said IBM's private cloud would enable increased development as it responds to customer demand for more personalised and convenient banking. The new dedicated environment will enable Westpac to deploy online and mobile banking services faster and across multiple devices and platforms.
IBM launched its hybrid cloud in New Zealand in March following an announcement earlier in the year that it would invest $1.2 billion globally to expand its cloud footprint.
On another front, IBM is helping Westpac deliver enhanced online security including the ability to manage identity and access through a single user ID.