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11/17/2006
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Spanish Bank Outsources E-Mail to IBM

Under the deal, worth approximately $9 million, IBM will manage the hardware and software that supports e-mail services for 10,000 of the bank's employees.

IBM said Friday that it has inked a nine-year deal to provide e-mail management services to Banco Sabadell, one of Spain's largest financial services groups.

Under the deal, worth approximately $9 million, IBM will manage the hardware and software that supports e-mail services for 10,000 of the bank's employees. The deal adds to a $137 million agreement signed last month under which IBM will manage all of Banco Sabadell's central IT operations.

Banco Sabadell's outsourcing initiatives are part of its Proteo program, a company wide IT modernization effort. Under Proteo, the bank is also looking to digitize its paper archives, automate business workflows, and deliver personalized content to its customer-facing Web-sites.

Also on Friday, IBM disclosed that it has signed a deal with Achieve Healthcare Technologies to host Achieve's Web-based clinical and financial management applications for the elder care industry. Under the agreement, IBM will host Achieve's applications on its Windows- and Linux-based System x servers. Financial terms were not disclosed.

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