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Yes Bank ties up with IBM

CHENNAI: IBM has entered into a strategic alliance with Yes Bank to build `on demand technology infrastructure' to drive the bank's business transformation requirements. The company will provide complete IT infrastructure including servers, storage, desktops and IBM middleware. The bank will run its core banking applications on IBM Power5 based servers as database servers and xSeries application servers. The cash management and treasury applications will run on IBM server clusters, according H. Srikrishnan, Executive Director, Yes Bank.

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