Unisys Delivers More Powerful Storage for Banco Popular's Core Banking System
Leading Colombian financial services player renews agreement with Unisys to manage its critical business informationBLUE BELL, Pa., March 16, 2016 – Unisys Corporation (NYSE: UIS) today announced that it has received a five-year contract from Banco Popular, one of the largest financial institutions in Colombia, to provide high-end storage solution and associated services to support the bank's critical business operations.
Under the contract, Unisys will provide installation, deployment and support services for an EMC2 VMAX 100K storage system at the bank's production site and a backup location for contingency use and business continuity.
Unisys has been a strategic partner to Banco Popular for nearly 20 years. Banco Popular runs its core banking platform on Unisys ClearPath Forward Libra systems. The new solution will provide the bank with a more powerful, secure repository for critical business applications and information about the bank's clients and products.
"For us it is very important and valuable to count on a strategic partner such as Unisys, which for several years has been supporting us in the process of renewing and upgrading the technologies which have allowed us to focus on providing better services to all our customers," states the Technology and Productivity Vice Presidency from Banco Popular.
Unisys has begun migrating all information in the bank's systems from the old storage system. When the process is completed, the bank's management expects that the new storage platform will provide benefits such as increased availability, faster access to data, and greater potential for expanding the platform to accommodate new business requirements.
"We are proud to extend our long-term relationship with Banco Popular and continue providing service-driven solutions based on advanced technologies that enable the bank to continually improve its IT operations and serve its clients more efficiently," said Carlos Ferrer, vice president, Financial Services, Latin America, Unisys.
Unisys is a global information technology company that works with many of the world's largest companies and government organizations to solve their most pressing IT and business challenges. Unisys specializes in providing integrated, leading edge solutions to clients in the government, financial services and commercial markets. With more than 20,000 employees serving clients around the world, Unisys offerings include cloud and infrastructure services, application services, security solutions, and high-end server technology. For more information, visit www.unisys.com.
RELEASE NO.: 0316/9404
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