BNP Paribas has expanded its partnership with IBM Cloud to enhance system resilience and ensure compliance with regulatory standards. This collaboration, ongoing since 2019, has seen BNP Paribas incorporate IBM Cloud infrastructure into its data centers, a move aimed at advancing digital transformation. The current phase of this expansion focuses on improving system redundancy and security across critical services like payment systems. A significant element of the strategy involves aligning with the European Union’s Digital Operational Resilience Act (DORA), which sets rigorous IT risk management and business continuity standards for financial services.
By strengthening its cloud infrastructure, BNP Paribas endeavors to meet these standards more effectively. The partnership enables BNP Paribas to leverage IBM Cloud’s GPUs to innovate and scale generative AI projects, promoting rapid AI adoption. Furthermore, BNP Paribas is transitioning towards cloud-native development through Red Hat OpenShift to modernize applications and boost operational scalability. Plans include deploying Oracle’s Exadata Cloud@Customer by the end of 2026 to enhance database automation and processing efficiency.
These initiatives underscore BNP Paribas’s dedication to evolving its technological framework while emphasizing security and compliance. The enhancements reflect a strategic focus not only on regulatory adherence but also on leveraging advanced technologies to drive innovation and efficiency across its global operations.