IBM and Banco de Credito del Peru Announce Strategic IT Services Partnership; Total Contract Value of More than $100M

IBM

and Banco de Credito del Peru (BCP) announced today a five-year agreement for IT outsourcing services. The agreement will enable BCP to optimize its operational expenses, relying on IBM to provide IT infrastructure management services, including support, operation and maintenance of the bank's mainframe, midrange and storage platforms. The total contract value is more than US$100 million.