IBM signs multi-year IT services agreement with Nomura Services India Pvt Ltd

Mumbai: IBM today announced that Nomura Services India Private Limited, the Indian subsidiary leading Japanes financial services group, Nomura, will implement IBM's end-to-end business continuity and resiliency services to bolster its business continuity, disaster and system failure response strategies.

The agreement will also provide Nomura Services with an in-city 'work area recovery' solution to recover critical business functions in the event of an interruption at a primary site. This will help Nomura Services effectively respond to crisis scenarios that may have the potential of causing major disruption to its business.

Additionally, IBM has also been tasked to help Nomura ''plug gaps'' through regular disaster recovery drills. A comprehensive solution comprising backup offices through IBM's 'work area recovery' centre on the outskirts of Mumbai, and a backup technology capability centre have been established by IBM to ensure Nomura the necessary level of business continuity should a disaster strike.

IBM says this agreement cements its leadership position in the managed resiliency space in India.