Aareal Bank AG and Tata Consultancy Services (TCS) have entered into a long-term strategic partnership focused on IT sourcing and infrastructure services. The collaboration marks an important milestone in the Bank’s “Aareal Ambition” strategy and technology modernisation journey.
As part of the partnership, TCS will become an integral part of the Bank's IT ecosystem, supporting the transition to a diversified, cloud-first platform and helping to deliver a scalable environment aligned with the Bank's long-term strategic objectives.
Under the agreement, TCS will host and operate Aareal Bank’s data centre environment, providing a robust and scalable foundation to support the Bank’s cloud-first transformation agenda.
“A modern, resilient and efficient technology platform is key to facilitating our business strategy. By partnering with TCS, we are strengthening our technology capabilities and creating the foundation for the next stage of our transformation journey. TCS brings extensive experience in financial and cloud services.”
Dr Christian Ricken, CEO
"As financial institutions modernise their technology estates to meet growing demands for resilience, security, and agility, AI-powered operations are becoming a critical enabler for enterprise transformation. We are proud to support Aareal Bank in its technological transformation. Our shared focus is on building a modern, secure and scalable technology environment that supports innovation, operational excellence and sustainable growth,” added K Krithivasan, CEO & MD, Tata Consultancy Services.
This partnership establishes the foundation for long-term collaboration beyond infrastructure and sourcing services. Both companies will explore additional opportunities for cooperation, particularly in the fields of cybersecurity and artificial intelligence, to further enhance operational resilience and accelerate innovation.
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