Luminor Bank Adopts IBM Cloud for Financial Services to Accelerate Digital Transformation IBM to manage Luminor's hybrid cloud approach and strengthen security and regulatory processes required for the financial services industry News provided by Share this article Share this article ARMONK, N.Y., Jan. 26, 2021 /PRNewswire/ -- Luminor Bank and IBM (NYSE:IBM) today announced a new five year agreement was signed in December under which IBM Services will support Luminor to help accelerate its digital transformation while continuously strengthening security and regulatory compliance processes by migrating its IT infrastructure to IBM Cloud for Financial Services. With IBM, Luminor aims to accelerate its adoption of next-generation technology and digital-driven solutions in a hybrid cloud environment to help deliver better outcomes across business processes, enable faster application deployments and bring agility with enhanced security and resilience.