Wipro inks $150 mn IT outsourcing deal with Allied Irish Banks

Wipro has announced a $150 million IT outsourcing deal with the Allied Irish Banks (AIB), a bank in Ireland to provide infrastructure management services (IMS), data centre and hosting services over five years.

The Bengaluru-based IT services provider said the IT outsourcing deal is its biggest win in Ireland. The deal may pave the way for Wipro to participate in other IT deals including the Bank of Ireland contract that’s coming up for renewal later this year.

Bank of Ireland had signed a five-year infrastructure contract with IBM in 2010, said a report in Times of India.

Besides Wipro, the bank has outsourced some of its IT projects to Ireland-based telecom company Eircom and IT security specialist Integrity Solutions. Wipro beat incumbent IT vendor IBM to bag the IMS portion of the contract.


AIB is likely to outsource 170 jobs in its IT division to the three IT vendors, and the bank committed that no staff would be made redundant.

Wipro is expected to absorb over 130 AIB employees into its new delivery centre that will come up in Dublin in the June quarter. The 200-seater delivery centre will create a mainframe centre of excellence to maintain and modernize business-critical mainframe applications.

Last year Wipro expanded its employee base at the Shannon development centre in Ireland that provides IT and business process services’ (BPS) offerings to retail banking and insurance customers. The centre employs over 300 professionals delivering services to banks and financial services companies across Ireland and the UK.

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