May 02, 2025 | Posted by Abdul-Rahman Oladimeji
French multinational bank BNP Paribas has signed a ten-year agreement with IBM Cloud, expanding its use of the latter's cloud computing offering. BNP has been hosting IBM Cloud hardware in its data centers and the company will now build on that existing infrastructure by dedicating a new area in its data centers to IBM Cloud, planned for completion in 2028.
“We continuously invest in cutting-edge technologies to strengthen the resilience of our infrastructures and drive innovation for our clients, employees, and partners," said Marc Camus, CIO of BNP Paribas. "By combining GPU-as-a-service, a dedicated, state-of-the-art environment within our data centers, and a cloud-native infrastructure, we are strengthening our technological foundation, as well as the security and the compliance of our information systems."
Alan Peacock, general manager of IBM Cloud, added: "This latest milestone in our partnership will provide expanded enterprise-grade Cloud services across the entire bank to unlock new possibilities with AI and cloud innovation not only for BNP Paribas, but for enterprises around the world.”
