State-owned UK savings bank NS&I had plans to swap its operational services provider Atos for a “multi-supplier model” under an ambitious “Rainbow Programme” of digital transformation at the £200 billion bank.

But a new £100 million contract award to IBM – one in a string of critical contracts awarded to the supplier – suggests that this particular and somewhat delayed “Rainbow” is turning a distinct shade of Big Blue. 

This post is for subscribers only

Subscribe now and have access to all our stories, enjoy exclusive content and stay up to date with constant updates.

Subscribe now

Already a member? Sign in