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A United States tech giant, International Business Machines Corporation (IBM), tech giant, known for reputation says it has begun engaging some banks in Ghana to introduce two of its products, IBM Cloud for Financial Services and IBM Cloud Satellite to enhance their operations and service delivery.

According to the General Manager of IBM West Africa, Dipo Faulkner, who said the company is currently engaged with clients, assessing their workloads, which are best suited to benefit from the unique capabilities provided by IBM Cloud for Financial Services and IBM Cloud Satellite. 

It added that the firm is leveraging on the expertise of IBM from across the continent and globe as well as experiences from working with major global clients to deliver the best for banking clients in Ghana.

The news of the Corporation’s engagement with banks in Ghana comes on the back of its recent deal with the six banks on the continent; Ecobank, Nedbank, United Bank of Africa, Co-operative Bank of Kenya, Attijariwafa Bank and Banco Mais, to enable the banks stockpile their information with some of it kept internally in private cloud and other data stored in public clouds.

Mr Faulkner however said the IBM Cloud for Financial Services would enable banks to deploy on cloud to enable innovation and deliver new, more personalised customer experiences, while managing stringent industry regulations for sensitive data and critical workloads.

He said

the products had built-in regulatory and compliance controls; gives clients access to IBM’s industry security technology and confidential computing capabilities which allows banks to maintain full privacy and authority over their workload despite not having authority over the infrastructure.


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