Greece’s Alpha Bank Chooses New Unisys ClearPath Mainframes to Modernize Core Banking System

Unisys has announced that, together with Unisystems SA, its business partner in Greece since 1964, it has won a contract from Alpha Bank for purchase of two new Unisys ClearPath Dorado 790 Series mainframe servers and renewal of a software licensing agreement to upgrade Alpha Bank's existing systems. These actions are part of Alpha Bank's initiative to modernize and expand its core banking system. Alpha Bank is one of Greece's leading banking and financial services groups, with nearly 500 branches in Greece.

"The ClearPath Dorado 790 systems are designed for transaction-intensive applications such as core banking, and will enable us to serve our customers more quickly and efficiently," states Stathis Kakoyannis, CIO, Alpha Bank. "As we streamline our distributed server environment for even greater efficiency, we believe that the ClearPath systems will play a key role in modernizing the entire IT infrastructure, driving even better customer service and lower IT costs across all of our banking services."

Alpha Bank's two new ClearPath systems use metering, a pay-for-use system software licensing capability that enables clients to pay for only the processing power they use while serving customers more quickly.
Unisys and Unisystems will also provide advisory services to help the bank streamline its distributed server environment for retail and customer relationship management applications to communicate more efficiently with the ClearPath systems.

"Alpha Bank is capitalizing on a 35-year relationship with Unisys and Unisystems to build the future of its banking systems with ClearPath servers as the foundation," adds Philippe La Fornara, vice president, Europe/Middle East Africa, Unisys Technology Consulting and Integration Solutions. "We look forward to working with Alpha Bank on a streamlined IT infrastructure that enables the bank to expand its business and enhance services to its customers."

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