Rabobank Australia & New Zealand Group and telecommunications provider Telstra have signed a multi-million dollar digital transformation deal that will see more than 90 Rabobank office locations and two data centres across New Zealand and Australia upgraded to Telstra’s SD-WAN solution.
The deal forms part of Rabobank’s regional digital transformation agenda and supports the bank’s commitment to rural customers and communities.
As the world’s leading agribusiness bank and one of New Zealand’s largest rural lenders, the solution will help Rabobank service its rural customers more effectively and deliver continued service improvement.
Rabobank New Zealand CEO Todd Charteris said the digital upgrade would provide improved regional connection with Rabobank’s central and global infrastructure.
“The new SD-WAN solution will provide more speed and agility for digital capabilities in the bank’s regional network (encompassing 32 locations in New Zealand), creating better experiences for our local Rabobank offices to connect with global systems to enhance turnaround times for client requests,” he said.
The deal includes a VeloCloud SD-WAN capability which will benefit Rabobank’s operational agility, improve application performance and increase overall bandwidth. Fibre internet with higher bandwidth will also replace legacy copper footprint in more than 90 locations across New Zealand and Australia, providing improved connectivity for regional operations.
The digital transformation of Rabobank’s network will enable the bank to gain increased access to business applications, evolve its network operations and legacy infrastructure, and deliver a better customer experience.
Jim Clarke, Director, Global Connectivity, Telstra Enterprise said; “Our end-to-end managed service makes it possible for Rabobank to deliver operational excellence to its regional customers, both today and in the future".
“This is part of our ongoing commitment to collaborate closely with our customers so they are able to implement technologies to reach and better connect with their own customers.”
The rollout is expected to take six months with a significant number of offices operating on the new network within the next three months.
Rabobank New Zealand is a part of the global Rabobank Group, the world’s leading specialist in food and agribusiness banking. Rabobank has more than 120 years’ experience providing customised banking and finance solutions to businesses involved in all aspects of food and agribusiness. Rabobank is structured as a cooperative and operates in 40 countries, servicing the needs of about 10 million clients worldwide through a network of close to 1000 offices and branches. Rabobank New Zealand is one of the country's leading agricultural lenders and a significant provider of business and corporate banking and financial services to the New Zealand food and agribusiness sector. The bank has 32 offices throughout New Zealand.
Media contacts:
David Johnston
Media Relations Manager
Rabobank New Zealand
Phone: 04 819 2711 or 027 477 8153
Email: david.johnston@rabobank.com
Denise Shaw
Head of Media Relations
Rabobank Australia & New Zealand
Phone: +612 8115 2744 or +61 2 439 603 525
Email: denise.shaw@rabobank.com