UniCredit Teams with Accenture and IBM on Next-Gen Banking Platform

UniCredit, one of Europe's leading pan-European banking groups, has formed a long-term strategic collaboration with Accenture and IBM to build the next-generation banking platform in Europe.

The partnership aims to establish a new operating model for banking technology that combines the resilience of mission-critical systems with the flexibility of modern digital platforms, enabling continuous innovation.

As part of the agreement, Accenture will acquire from IBM the majority stake in the joint venture that currently manages a significant portion of UniCredit's technology infrastructure. Additionally, IBM will provide modernised technology platforms to UniCredit, including IBM Z, software, and consulting.

This multi-year programme is intended to enhance the bank's underlying systems and operating model, setting a reference model for the next generation of banking technology in Europe.