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Banco Popular renews agreement with Unisys to manage critical business data

BBR Staff Writer Published 17 March 2016

Colombian financial services company Banco Popular has renewed its agreement with technology firm Unisys to manage its critical business information.

Unisys

The five-year contract requires Unisys to deliver high-end storage solution and related services to support critical business operations of the bank.

Unisys will offer installation, deployment and support services for an EMC2 VMAX 100K storage system at the bank's manufacturing site and a backup location for contingency use as well as business continuity.

The technology firm has been supporting the bank for several years in renewing and upgrading the technologies. Banco Popular's core banking platform runs on Unisys ClearPath Forward Libra systems.

The new solution will offer the bank with a secure repository for critical business applications and information about its clients and products.

Unisys is migrating the entire data present in the bank's systems from the old storage system.

The new storage platform will allow the bank to have faster access to data and better potential for expanding the platform to meet new business needs.

Unisys vice president of financial services for Latin America Carlos Ferrer said: "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."

Unisys provides technology solutions to clients in the government, financial services and commercial markets.


Image: Unisys building at Blue Bell, PA 801 Lakeview Drive. Photo: courtesy of Unisys.