IBM, Banca Carige launch $500mn digital transformation venture Dock

By Jonathan Dyble
Banca Carige and global technology services provider IBM have partnered up in a new joint venture, named Dock, that aims to bring new innovative technol...

Banca Carige and global technology services provider IBM have partnered up in a new joint venture, named Dock, that aims to bring new innovative technologies such as AI, big data and analytics to Carige.

The initiative will be rolled out across Carige’s 500 branches that serve more than one million clients, providing Carige with the technology needed to readily respond to evolving business needs.

See also:

“The partnership with IBM represents an important turning point and a new starting point for Banca Carige as we will be able to take advantage of IBM's capacity for developing new technologies,” said Paolo Fiorentino, the bank’s CEO.

“With increasing energy we will be able to concentrate on our traditional commercial banking activity and, thanks to an international partner of the highest standing, achieve high standards of business process efficiency, at the forefront of the banking sector.”

The planned solutions will seek to reduce costs by transforming the bank’s technological infrastructure, create a “new generation bank”, automate branch processes and focus on new business opportunity.

Further, in addition to bolstering the Italian firm’s immediate competitiveness, IBM and Carige are also aiming for Dock to become a regional leading solution in the way of expanding industry digital and cloud capabilities in the long term.

“With this new alliance, a path is born that leads the banking sector towards a future full of new professional skills and opportunities offered today by innovation and technological progress,” said Enrico Cereda, President and CEO of IBM Italy.

Share

Featured Articles

Accenture research finds AI ushering in a bold new future

Almost all execs agreed that generative AI technology will spark significant creativity and innovation, ushering in a new era of enterprise intelligence

UiPath and Amelia partnership to drive the future of work

Market leaders join forces to create an automated, integrated, and Conversational AI-driven IT Service Desk solution that reimagines employee experiences

Transition to multicloud a risk worth taking, report shows

With customer expectations rising, banks must leverage the capabilities of the cloud to improve service delivery and protect sensitive information

Oxbotica and Google Cloud to accelerate autonomous solutions

AI & Machine Learning

AI welcome but human-centered IT support key to productivity

AI & Machine Learning

Machine Customers one of the biggest growth opportunities

Digital Transformation