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25 February 20224 minute read

DLA Piper advises Permanent TSB on partnership with Kyndryl, the world’s largest IT infrastructure services provider

DLA Piper has advised Permanent TSB on its partnership with Kyndryl, the world’s largest IT infrastructure services provider, to support the transformation of the bank’s IT infrastructure to deliver a seamless, integrated hybrid cloud management solution of the future.

Permanent TSB is a leading Irish personal and small business bank offering a range of services online, by phone and in person through its branches in communities across Ireland. Permanent TSB engaged Kyndryl to advance its digital transformation, aligning with the bank’s vision to expand its personalised, trusted digital banking experience through a modernised technology architecture and a more resilient platform to host a new generation of applications.

The DLA Piper team was led by the head of IPT for Ireland Mark Rasdale and included Anthony Day, Treena Dunlea Peatross, Eilis McDonald, Hannah Gardiner, Cezary Bicki and Elizabeth Sharkey.

Mark Rasdale, Partner at DLA Piper said: “Permanent TSB is a key DLA Piper financial services sector client in Ireland and we are delighted to have acted for the Bank on this important and forward thinking IT infrastructure services deal, and to continue to provide legal support to the Bank on its strategic technology sourcing. We wish PTSB and its key partner, Kyndryl every success with this core part of the PTSB digital transformation.”

Kyndryl is the world’s largest IT infrastructure services provider. The company designs, builds, manages and modernizes the complex, mission-critical information systems that the world depends on every day.