Laurentian Bank partners with Kyndryl for cloud transformation

Laurentian Bank of Canada and IT infrastructure services provider Kyndryl are leveraging cloud platforms such as Microsoft Azure to launch new cloud landing zones for banks. The initiative will benefit from a solid and proven foundation for deploying multi-cloud environments, enabling it to deliver compelling customer experiences and innovative digital capabilities, the company said in a press release. .

The new environment is expected to enable the efficient and secure operation of the digital services offered by the bank, ensuring that customers enjoy an optimal and transparent experience across all interaction touchpoints. The bank can also accelerate the adoption of digital onboarding solutions and offer a redesigned and more customer-centric His VISA experience.

Founded in Montreal in 1846, Laurentian Bank currently employs approximately 3,000 people. We provide a wide range of financial services and advice-based solutions to clients in Canada and the United States. On-balance sheet assets of $46.1 billion and assets under administration of $30.2 billion.

Beel Yaqub, executive vice president and chief information technology officer at Laurentian, said: Bank. “Through our strategic partnership with Kyndryl, we are leveraging our scale to our advantage to drive innovation, agility and speed.”

Kyndryl designs, builds, manages and modernizes complex, mission-critical information systems for 4,000 customers in over 60 countries. It has over 90,000 employees.

Xerxes Cooper, President of Kyndryl Canada, said: “Kyndryl is proud to be a long-time partner of Laurentian Bank and has the best Canadian personal and corporate banking experience. I am happy.”