Scotia, Quantum
Scotia Renews with IBM
Scotiabank has inked a multi-year contract with IBM, valued at CAN$480 million ($479 million), to continue the management of the bank's IT operations, including datacenters, vendor officials announced at press time. The deal, which took effect Sept. 1, extends and expands the previous contract signed in 2001, when IBM began to manage the Toronto-headquartered bank's IT operations. Terms of the agreement call for the application of advanced technologies, such as server
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