Fortune 500 information technology company Unisys Corporation’s wholly owned subsidiary Unisys Canada has received a four-year contract from BMO Financial Group, a diversified financial services company, for Unisys ClearPath mainframe-class server systems and related support services. The contract was signed in the fourth quarter of 2008.
The two Unisys ClearPath Libra Model 690 servers provide BMO Financial Group with the capability for faster execution of key banking applications.
Replacing BMO’s existing Unisys systems with the ClearPath Libra Model 690 servers will effectively help the Bank reduce some of its operational expenses.
The new ClearPath systems also help contribute to BMO Financial Group’s environmental initiatives, dramatically reducing energy consumption by approximately 85% when compared to the current systems.
The pay-for-use metering capability of the ClearPath Libra Model 690 servers can contribute significantly to reducing an enterprise’s operational costs. This feature allows users to handle dynamically changing workloads economically by providing maximum system capacity during peak processing times and minimizing costs when system usage is low.
Users pay only for the exact amount of processing power used, as it is used, based on state-of-the-art usage monitoring.
Housed in BMO’s two data centers, the ClearPath systems provide mirrored capabilities for enhanced business continuance. They also employ an open systems architecture, with support for the Microsoft Windows operating environment complementing the Unisys MCP operating environment.