IBM today announced that Nomura Services India Private Limited - a subsidiary of the leading 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.

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The multi-year IT services 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, ongoing endeavors will be made to foster awareness and "plug gaps" through regular disaster recovery drills. A comprehensive solution comprising backup offices through IBM's Work Area Recovery Center in the outskirts of Mumbai, and a backup technology capability center have been established by IBM to ensure Nomura the necessary level of business continuity should a disaster strike.

Commenting on this engagement, Neeraj Sharma, Director, Integrated Technology Services, IBM India/South Asia said, "We are excited about this relationship with Nomura Services. We are confident of helping Nomura make its operations highly resilient by leveraging IBM's global know-how in business continuity services as well as an unmatched domain expertise in the financial services industry."

Executed in July 2009, this agreement further cements IBM's leadership position in the managed resiliency space in India. It demonstrates IBM's focus to help clients 'Do more with Less' by engaging in an increasingly popular operational expense (OPEX) model. It also leverages IBM's global experience of over 40 years to provide end-to-end business continuity and resiliency services to help clients minimize the costs and time-frames associated with recovering business operations in the event of a disaster.

About Nomura

Nomura is a leading financial services group and the preeminent Asia-based investment bank with worldwide reach. Nomura provides a broad range of innovative solutions tailored to the specific requirements of individual, institutional, corporate and government clients through an international network in over 30 countries. Based in Tokyo and with regional headquarters in Hong Kong, London, and New York, Nomura employs about 26,000 staff worldwide. Nomura's unique understanding of Asia enables the company to make a difference for clients through five business divisions: retail, global markets, investment banking, merchant banking, and asset management.

Nomura Services India Pvt Ltd employs more than 2,300 people at its Powai office supporting innovative solutions across the firm's front, middle and back office for the Global Markets, Investment Banking and corporate divisions.

  About Nomura
  For more information, please log on to www.nomura.com

  About IBM
  For more information, visit www.ibm.com/services

  Media Contacts:

  Goldie Srivastava
  IBM India
  +91-9880309691
  gsrivast@in.ibm.com

  Aliza Fischer
  IBM US
  917-472-3721
  afische@us.ibm.com

First Call Analyst:
FCMN Contact: afische@us.ibm.com

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SOURCE: IBM