Denmark’s Danske Bank enters multi-year cloud partnership with AWS
Denmark’s Danske Bank has signed a multi-year cloud agreement with Amazon Web Services (AWS) as part of the company’s tech transformation strategy, Forward’28.
The Copenhagen-based bank will migrate selected legacy applications, data, and infrastructure – including systems for business, institutional, and personal customers – to AWS. This plan will see more than 16,600 physical and virtual servers and over 1,000 applications transfer from Danske’s private cloud to AWS.
Danske Bank says it plans to utilise AWS’s full suite of cloud technologies, including its AI/machine learning and GenAI solutions, as it looks to “boost internal developer productivity, power conversational interfaces, provide personalised recommendations, and gain insights from customer interactions”.
Frans Woelders, COO of Danske Bank, says that AWS’s global infrastructure and cloud capabilities “will enable our developers to quickly build, test, and launch” new banking services “in compliance with security, regulatory, and sustainability requirements”.
Woelders adds that by collaborating with AWS, the bank will be able to “give employees the opportunity to upskill”, with the firm stating it will provide AWS training to more than 1,500 employees and embed cloud skills into management courses.
Danske Bank has partnered with a number of firms over the last year to boost its digital transformation efforts, including Infosys, Backbase, and Broadridge. Last month, the bank also appointed two new executives to lead its technology and data strategy.