SALZBURG, Austria, March 20, 2025 — Wüstenrot Gruppe, a leading Austrian financial services group, has selected Kyndryl, the world’s largest IT infrastructure services provider, to modernize its mission-critical mainframe estate, by leveraging Kyndryl’s new strategic zCloud environment.
Wüstenrot Gruppe is a long-established Austrian financial services organization known for its expertise in building society savings, home finance, insurance and pension solutions covering over one million Austrians. The combination of a rich heritage, an evolving product portfolio and a commitment to digital innovation makes Wüstenrot a key player in the Austrian financial services sector.
“We are partnering with Kyndryl to modernize our IT infrastructure with the aim to further develop our product portfolio, scale efficiently and continue our digital innovation initiatives,” said Roland Freitag, Managing Director, Wüstenrot Gruppe. “By working with Kyndryl, we are strengthening our digital interfaces, improving the quality of our services and partnerships and ensuring that Wüstenrot Gruppe remains a major force contributing to a stable and innovative Austrian financial services sector.”
The new technology services agreement with Kyndryl will enable Wüstenrot Gruppe to streamline the management and operations of its mainframe environment and help the company enhance future-proof cyber resiliency and meet evolving regulatory standards, including the EU’s Digital Operational Resilience Act (DORA) and NIS2.
“Businesses like Wüstenrot Gruppe that embrace IT modernization can gain tangible business benefits,” said Maria Kirschner, Managing Director of Kyndryl Alps. “By leveraging Kyndryl’s deep mainframe skills and expertise and the flexible zCloud environment, Wüstenrot Gruppe can continue to deliver reliable customer services, meet evolving business requirements, improve resilience and ensure regulatory compliance. This enables them to move toward greater digital agility and operational excellence.”
In 2024, Wüstenrot Gruppe completed the first phase of the IT transformation project by migrating mainframe workloads from its third-party data center to Kyndryl’s secure, on-demand zCloud platform in its state-of-the-art new strategic environment. This transition accelerates Wüstenrot Group’s broader digital transformation efforts. Due to its redundancy, robust security and central location, the new strategic data center offers high availability, data protection and scalability. Sustainability measures and integration into Kyndryl’s global ecosystem enhance Wüstenrot Gruppe’s competitive edge. In 2025, Kyndryl and Wüstenrot Gruppe plan to improve resiliency by implementing a Parallel Sysplex configuration to manage multiple systems and resources and share their applications and data from a single platform.
The 2024 Kyndryl Readiness Report shows that organizations that embrace IT modernization are reaping tangible benefits. In the past year, executives reported improved efficiency (85%), greater innovation (71%) and better employee or customer experiences (60%) as a result. Furthermore, Kyndryl’s 2024 Mainframe Modernization Survey highlighted that mainframe modernization initiatives can drive 114% to 225% return on investment in one year.
About Wustenrot
The Wüstenrot Group is an Austrian financial company. With Wüstenrot Bausparkasse, Wüstenrot Versicherung and Wüstenrot Bank, the Wüstenrot Group comprises three product companies and the IT service company Wüstenrot Technology GmbH. One million customers have placed their trust in Wüstenrot for 100 years. The company’s success is based on innovation, customer proximity and sustainability. For more information, visit www.wuestenrot.at.
About Kyndryl
Kyndryl (NYSE: KD) is the world’s largest IT infrastructure services provider, serving thousands of enterprise customers in more than 60 countries. The company designs, builds, manages and modernizes the complex, mission-critical information systems that the world depends on every day. For more information, visit www.kyndryl.com.
Kyndryl press contact
press@kyndryl.com
