According to IBM the aim of the agreement is to provide Allied Irish Bank (AIB) with an open and flexible platform to support future business growth. Under the contract IBM will implement and support a new core banking infrastructure consisting of i-flex’s Flexcube core banking package running on an IBM System z platform powered by DB2 and WebSphere software.

IBM also said that it has recently helped AIB to consolidate its data centers into two new sites. The move will enable the bank to minimize its data center carbon footprint and improve resilience.

Michael Daly, country general manager of IBM Ireland, said: Banks like AIB are looking for new ways to modernize their core systems and reduce operational costs by rationalizing massive server farms to more flexible and efficient systems.