SMT Data Secures Major Contract with a Top-10 North American Bank

SMT Data is thrilled to announce a significant contract win with BMO, a top-10 North American bank, underscoring our competitive edge in global markets. This achievement showcases the robustness of our ITBI™ solution, specializing in cost allocation and data lake integration. After an extensive, multi-year evaluation process involving global competitors, BMO chose SMT Data’s ITBIaaS for its superior real-time data processing and user-friendly interface. The decision, revealed during a major conference in Atlanta this February, highlights ITBI’s alignment with BMO’s strategic goals and its capability to transform mainframe performance management efficiently.

BMO’s selection process was meticulous, involving phased evaluations, rigorous testing, and comprehensive demos. ITBIaaS stood out for its full data access, adaptable cost allocation, and support for z/OS subsystems, addressing key operational challenges at BMO.

This partnership not only demonstrates SMT Data’s commitment to technological excellence but also positions SMT Data as a leader in advanced analytics solutions for the financial sector.

For more information about the transformative potential of ITBI, please do not hesitate to reach out to Chief Executive Officer (CEO) Mads Ehlers Rasmussen.