- Kyndryl to help enhance BCP's digital customer experience
with hybrid cloud on Azure and help to maintain world-class
levels of cybersecurity
- One of the largest technology investments in Latin America's financial sector designed to
encourage consumer banking and expand financial inclusion in
Peru
LIMA,
Peru, Nov. 11, 2024 /PRNewswire/ -- Banco
de Crédito del Perú (BCP) has partnered with Microsoft, a
leader in cloud solutions, and Kyndryl, a global leader in IT
infrastructure services, to modernize BCP's IT systems with hybrid
cloud and help Peruvians gain greater access to digital banking
services. This agreement represents BCP's investment of more than
$650M over five years, making it one
of the largest technology investments in Latin America's financial services sector.
"Our purpose is to serve as allies to our customers to help them
transform their plans into reality, understanding that financial
inclusion provides opportunities for growth. Digitalization can
help close the gap, and so BCP, together with Microsoft and
Kyndryl, will modernize our technological systems to achieve more
agile and flexible applications with world-class levels of
stability and security, allowing us to offer a better experience
for millions of our customers," said Diego
Cavero, CEO of BCP.
Mario Rodríguez, Microsoft´s general manager for Peru, stressed that the joint work between
BCP, Microsoft and Kyndryl will transform the country´s financial
industry. "This collaboration will not only modernize the sector,
but will also create an innovation platform that will drive
disruptive projects through artificial intelligence. This will
benefit entrepreneurs and small business owners by facilitating
access to essential financial services and promoting sustainable
growth. Together, we are positioning Peru as a leader in technological innovation
at a global scale."
As part of this agreement, BCP will work with Kyndryl and
leverage Microsoft Azure to create a hybrid computing environment
that will enable the modernization of the bank's IT application
environment and improve the agility and availability of its digital
channels, generating greater value for the end customer who will
benefit from a smoother and faster online and mobile
experience.
"The banking sector is rapidly evolving to meet consumer demands
and preferences for an improved digital experience. While invisible
to the public eye, a modern, agile and robust IT infrastructure is
absolutely critical to creating a resilient and accessible
experience for today's consumers," said Leandro Peirano, Managing Director, Kyndryl
Peru. "We are honored to support BCP in defining its IT
modernization strategy and collaborating with Microsoft to bring
the bank's vision to life."
This milestone reaffirms BCP's commitment to continue leading
digital banking in Peru.
Currently, BCP's mobile banking and Yape are the most used banking
applications and digital wallets in the country. 72% of BCP's
customers are digital and more than 16 million Yape users in
Peru use the application at least
once a day, reaching 27 million daily transactions on average.
About BCP
Banco de Crédito del Perú is the
largest and oldest financial institution in Peru, with a history that dates back 135
years, in 1889. Throughout this time, it has been recognized for
its business strength and leadership in the Peruvian market,
standing out for its focus on innovation and digitalization. BCP
offers a wide range of financial products and services, through
which it seeks to be an ally of its customers, collaborators and
country so that they can transform their plans into reality. For
more information, please visit: https://www.viabcp.com/.
About Microsoft
Microsoft (Nasdaq "MSFT" @microsoft)
builds AI-powered platforms and tools to deliver innovative
solutions that meet the evolving needs of our customers. The tech
company is committed to making AI widely available, responsibly,
with a mission to empower every person and every organization on
the planet to achieve more. For more information, visit
www.microsoft.com
About Kyndryl
Kyndryl (NYSE: KD) is the world's
largest IT infrastructure services provider, serving thousands of
enterprise customers in more than 60 countries. The company
designs, builds, manages, and modernizes the complex,
mission-critical information systems that the world relies on every
day. For more information, visit www.kyndryl.com.
Press Contacts
For BCP:
claudiaespinozad@bcp.com.pe
For Microsoft: sylvie.duchamp@microsoft.com
For Kyndryl:
Johanna.eunice.fernandez.borrero@kyndryl.com
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