BNP Paribas and IBM has announced a six year agreement for management, support and maintenance services of BNP Paribas infrastructure through their joint venture BNP Paribas Partners for Innovation (BP2I) created in 2004.

BNP Paribas Partners for Innovation (BP2I) is a joint venture equally owned by BNP Paribas and IBM for managing IT infrastructures.

"Through this new agreement, IBM will continue to support the growth of the BNP Paribas thanks to the excellence of its services and to the high performance of its technologies," stated Jean-Laurent Bonnafe, CEO of BNP Paribas.