London-based financial services group Legal & General (L&G) has extended its cloud migration partnership with Kyndryl, the world’s largest IT infrastructure services provider, for an additional seven years. The extended agreement aims to accelerate L&G’s technology transformation agenda, facilitate its transition to a multi-cloud environment, and includes mainframe optimization projects, staff augmentation, and the implementation of the Kyndryl Bridge. Microsoft and Dell Technologies will also join the project as suppliers to support L&G’s operational scalability and technical and commercial flexibility.
Facts
- L&G has extended its partnership with Kyndryl for an additional seven years.
- The extended agreement aims to accelerate L&G’s technology transformation agenda and support its transition to a multi-cloud environment.
- The deal includes mainframe optimization projects, staff augmentation, and the implementation of the Kyndryl Bridge.
- The partnership between L&G and Kyndryl began in 2010, and Kyndryl was chosen for its experience in running complex transformation projects in the financial services sector.
- The new agreement will continue the transition of L&G’s IT systems to a new data center, which is expected to reduce technical debt, simplify architecture, improve carbon efficiency, and accelerate L&G’s cloud transformation.
- The data center has received an ‘excellent’ rating from BREEAM’s sustainability assessment framework and operates with a power usage effectiveness (PUE) of 1.2, relying solely on renewable energy sources.
- Microsoft and Dell Technologies will join the project as suppliers, supporting L&G’s pursuit of operational scalability and greater technical and commercial flexibility. Kyndryl will implement a new on-premises Microsoft Azure hybrid cloud platform from Dell, closely coupled with Kyndryl’s zCloud mainframe, to mitigate latency constraints and facilitate future public cloud migrations.
