Information technology service provider Baltic Data Center, a member of TEO Group and Hewlett-Packard (HP), have announced they will implement and maintain the IT infrastructure for DnB NORD finance group, which will interconnect the group's banks which currently operate in six countries.
The bank's IT infrastructure, which is claimed will be the most modern in Eastern Europe, will enable DnB NORD group to provide seamless banking services to customers in Denmark, Finland, Poland, Estonia, Latvia and Lithuania.
"We are very pleased that this important long-term contract has been signed with a well reputed and highly professional Lithuania-based company and internationally highly esteemed partners. We believe that this 38 million litas deal will not only help us provide top banking service to our customers but will also contribute to Lithuania's drive to attract new modern technologies and facilitate knowledge economy growth, CEO of DnB NORD Bankas Werner Schilli said.
According to Justas Dargužas, director of UAB Baltic Data Center, the fact that the international finance group selected Baltic Data Center, a member of TEO Group, as the most suitable partner for the project's implementation is an extremely high evaluation of the competences of the company's specialists and of its capabilities.
"We think that this project will significantly contribute also to improving the image of Lithuania as a technologically advanced country, Justas Dargužas, director of UAB Baltic Data Center commented.
Baltic and foreign architects of Hewlett-Packard systems have been designing the bank's new IT infrastructure solution for four months. "Since we have been designing the IT infrastructure of the bank's central operations system, on which will depend all the services provided by the banks, it had to meet the highest reliability and security levels, Egidijus AndriuÅ¡keviÄ´åìius, CEO of UAB Hewlett-Packard, says.
Baltic Data Center will install an underground data center facility in Vilnius that will ensure compliance with the highest security requirements, including also protection against electromagnetic pulse. The company will employ new high qualified IT specialists to maintain the infrastructure and will invest in its employees' training.
Virtualization has been applied in implementing the system. The use of virtual servers will allow the bank to make optimum use of available IT resources, save energy, space and the system's support and maintenance costs, which usually constitute from 60 to 80 per cent of total IT infrastructure maintenance costs.