The Hindu Business Line : Yes Bank signs up with IBM for tech infrastructure

YES Bank has tied up with IBM to build an "on demand" technology infrastructure. IBM will provide complete information technology infrastructure, including servers, storage and desktops as well as IBM middleware, according to IBM and Yes Bank officials.

At a press conference today, they said that the bank would run its core banking applications on IBM Power5 based servers as database servers and xSeries application servers. The cash management and treasury applications will also run on IBM server clusters.

Mr H. Srikrishnan, Executive Director, Yes Bank, said the bank signed up with IBM for its technology infrastructure as it wanted the best of breed technology and something that was scalable. The bank's upfront investment in technology was limited thanks to this partnership.

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