IBM bags Nomura's IT services deal

IBM announced that Nomura Services India Private Limited, a subsidiary of leading financial services group Nomura, would implement IBM's end-to-end business continuity and resiliency services to bolster its business continuity, disaster and system failure response strategies.

The multi-year IT services agreement would 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, an IBM press release said.

"This will help Nomura Services effectively respond to crisis scenarios that may have the potential of causing major disruption to its business", it said.