Long-term strategic agreement to modernize technology infrastructure and accelerate cloud and IA in the 13 European markets. UniCredit, one of the leading pan-European banking groups, Accenture and Ibm have announced a long-term strategic collaboration that sets the technological bases to support UniCredit's growth in the thirteen European markets in which the Group operates. The three companies will collaborate on the design of a new operational model for banking technology, which will allow UniCredit to have greater control over the evolution of its technologies, combining the resilience of mission-critical systems with the flexibility of modern digital platforms and promoting continuous innovation.

The most important signs that have emerged so far indicate growth. For companies the node is not only the growth of volumes: counts the quality of revenues, the keeping of the customer portfolio and the sustainability of the net margin in the next quarter. In the short period, the decisive lever remains the commercial execution: Input times, channels and market selection could determine the difference between expansion and margin compression.

Ibm will also provide the bank with modernized technology platforms, including Ibm Z, software and consulting services. The agreement represents the start of a multiannual programme aimed at strengthening the core systems and the operational model of the bank. Cloud, IA and innovation at the heart of the strategy The agreement is part of UniCredit's broadest growth strategy and aims to define a reference model for the next generation of banking technologies in Europe, enabling faster innovation and scalability of artificial intelligence capabilities across the Group. “Technology is an enabling strategic factor for UniCredit’s growth and transformation,” said Ali Khan, Group Digital & Information Officer of UniCredit. “Our partnership with Accenture and Ibm marks an important stage in building our next generation banking platform, combining the resilience our customers expect with the agility needed to innovate faster and scale artificial intelligence responsibly within the Group.