OREANDA-NEWS. September 04, 2007. Information technology service provider Baltic Data Center, a member of TEO Group (TEO), together with the world's leading IT solution company Hewlett-Packard (HP), will implement and maintain for DnB NORD finance group the IT infrastructure, which will interconnect the group’s banks operating in six countries, reported the press-centre of DnB NORD.

The bank’s IT infrastructure, which is going to be the most modern one in Eastern Europe, will enable DnB NORD group to provide seamless banking services to customers in Denmark, Finland, Poland, Estonia, Latvia and Lithuania. The communication between banking institutions operating in different countries and the central IT system will be provided by TEO. This, probably the biggest in Lithuania finance sector’s IT infrastructure project, will employ the most up-to-date technologies and solutions that will be implemented together with Baltic Data Center’s partners – HP and Oracle.

“We are very pleased that this important long-term contract has been signed with a well reputed and highly professional Lithuania-based company and internationally highly esteemed partners. We believe that this 38 million litas deal will not only help us provide top banking service to our customers but will also contribute to Lithuania’s drive to attract new modern technologies and facilitate knowledge economy growth,” – CEO of DnB NORD Bankas Werner Schilli said.

According to Justas Darguzas, Director of UAB Baltic Data Center, the fact that the international finance group selected Baltic Data Center, a member of TEO Group, as the most suitable partner for the project’s implementation is an extremely high evaluation of the competences of the company’s specialists and of its capabilities.

“We think that this project will significantly contribute also to improving the image of Lithuania as a technologically advanced country”, – J. Darguzas said.

Baltic and foreign architects of Hewlett-Packard systems have been designing the bank’s new IT infrastructure solution for 4 months. “Since we have been designing the IT infrastructure of the bank’s central operations system, on which will depend all the services provided by the banks, it had to meet the highest reliability and security levels”, - Egidijus Andriuskevicius, Chief Executive Officer of UAB Hewlett-Packard, says.

Baltic Data Center will install an underground data center facility in Vilnius that will ensure compliance with the highest security requirements, including also protection against electromagnetic pulse. The company will employ new high qualified IT specialists to maintain the infrastructure and will invest in its employees’ training.

A modern IT solution – visualization – has been applied in implementing the system. The use of virtual servers will allow the bank to make optimum use of available IT resources, save energy, space and the system’s support and maintenance costs, which usually constitute from 60 to 80 per cent of total IT infrastructure maintenance costs.
 
About Baltic Data Center
UAB Baltic Data Center – a leading provider of information system management services for enterprise customers in Lithuania. It belongs to TEO Group. BDC provides professional data centre, computer workstation support and IT Service Desk services for the big business segment. BDC is the first and still the only company in the Baltic States to have been granted the BS7799 International Information Security Certificate. At the moment, more than 130 high qualified employees work for the company.
 
About DnB NORD
DnB NORD Bankas belongs to international DnB NORD banking group registered in Denmark that was established by Norway’s largest bank DnB NOR (51 per cent) and North Germany’s largest bank NORD/LB (49 per cent). DnB NORD banking group has focused the activities of both founders in the Baltic region by offering the whole range of modern and top quality financial services in Denmark, Finland, Estonia, Latvia, Lithuania, and Poland. In Lithuania DnB NORD Bankas group owns leasing company UAB DnB NORD Lizingas, asset management company UAB DnB NORD Investiciju Valdymas and real estate brokerage UAB DnB NORD Bustas.