11/29/2011

Commerzbank selects Colt and QSC for the modernisation and future operation of its wide area network in Germany

Commerzbank has selected Colt and QSC for the modernisation and future operation of its wide area network in Germany. This project has a double-digit million euro volume and is contracted for five years. The IT at the Commerzbank sites is to be migrated to a new managed business network from the beginning of 2012 onwards. The performance of the network is to be enhanced through the deployment of new technology, thus enabling short reaction times at the bank even under changing requirements. The implementation is also associated with a clear reduction in costs.

The cooperation with two companies (dual provider strategy) ensures a high security level for the network. Both partners will support Commerzbank sites throughout Germany. Sensitive sites will be taken care of by both providers jointly.

Commerzbank has been working together with both partners for a long time already. "Colt and QSC are two partners that not only offer highly available and fast data transfer, but also a high degree of service quality," explains Boris Wiegmann, Senior Project Manager at Commerzbank AG. "This has been demonstrated by both providers in the course of our long-standing cooperation."

The optimisation of the wide area network is taking place following the conclusion of the integration of the Dresdner Bank IT into the systems of Commerzbank. In the course of the IT integration Commerzbank had focused on the successful modification of the applications and the migration of data. Thus the existing networks of Commerzbank and Dresdner Bank were initially interconnected on the basis of the established infrastructures to form a secure network.

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About Commerzbank
Commerzbank is a leading bank for private and corporate customers in Germany. With the segments Private Customers, Mittelstandsbank, Corporates & Markets, Central & Eastern Europe as well as Asset Based Finance, the Bank offers its customers an attractive product portfolio, and is a strong partner for the export-oriented SME sector in Germany and worldwide. With a future total of some 1,200 branches, Commerzbank has one of the densest networks of branches among German private banks. It has around 60 sites in 50 countries and serves more than 14 million private clients as well as one million business and corporate clients worldwide. In 2010 it posted gross revenues of EUR 12.7 billion with some 59,100 employees.

About Colt
Colt is the information delivery platform for Europe, enabling its customers to deliver, share, and process and store their vital business information. An established leader in delivering integrated computing and network services to major organisations, midsized businesses and wholesale customers, Colt operates a 21-country, 35,000km network that includes metropolitan area networks in 39 major European cities with direct fibre connections into 18,000 buildings and 19 Colt data centres. In 2010, the Colt Data Centre Services business was launched to deliver innovative high quality modular data centres which are rapid to deploy and power efficient. Colt is listed on the London Stock Exchange (COLT). Information about Colt and its services can be found at www.colt.net.

About QSC
QSC: ICT solutions for small and mid-size enterprises. Cologne-based QSC AG offers small and mid-size enterprises an extensive range of ICT services - from telephony, data transfer, Housing and Hosting right through to IT Outsourcing and IT Consulting. With its subsidiaries INFO AG, a full-line provider of IT services headquartered in Hamburg, and IP Partner AG, a Housing and Hosting specialist headquartered in Nuremberg, the QSC Group numbers among the leading mid-size providers of ICT services in Germany. QSC offers custom-tailored Managed Services for individual ICT needs, as well as a comprehensive product portfolio for customers and marketing partners that can be modularly adapted to suit the communications and IT needs in question. QSC offers its services on the basis of its own Next Generation Networks (NGN) and operates an Open Access platform, which unites a wide range of broadband technologies. QSC AG employs a workforce of some 1,300 people and is listed on the TecDAX index.