ING Groep N.V. has announced that it will deploy VMware Cloud Foundation 9.0 as the core platform for its private‑cloud modernization program, a move that follows a strategic partnership with Broadcom. The new platform is intended to give ING a scalable, highly secure, and compliant cloud‑native environment that supports multi‑region deployment and global workload mobility, thereby simplifying IT operations and accelerating the delivery of new digital banking products across Europe.
The decision comes on the heels of ING’s long‑standing digital‑transformation agenda, which has focused on expanding its private‑cloud footprint and leveraging cloud‑native technologies to improve customer experience. In the third quarter of 2025, ING reported a net result of €1.787 billion, driven by strong fee income and customer lending, and announced a €1.6 billion distribution. The new VMware platform is expected to build on that momentum by reducing management overhead and enabling faster time‑to‑market for new services.
Broadcom’s acquisition of VMware has positioned the company to offer VMware Cloud Foundation 9.0 as part of its broader portfolio. While the exact terms of the partnership are not publicly disclosed, the collaboration includes licensing, support, and integration services that allow ING to deploy the platform on its own infrastructure while benefiting from Broadcom’s enterprise‑grade security and compliance capabilities. The partnership also signals Broadcom’s commitment to serving large financial institutions with cloud‑native solutions that meet stringent regulatory requirements.
Financially, ING anticipates that the new platform will deliver cost savings through streamlined lifecycle management and reduced operational complexity. Although specific dollar figures are not disclosed, the bank expects the investment to accelerate revenue growth by enabling faster deployment of digital products and improving resource utilization across its data centers. The platform’s AI workload support and enhanced security features are also expected to reduce the risk of costly security incidents and regulatory penalties.
From a competitive standpoint, the adoption of VMware Cloud Foundation 9.0 positions ING to match or exceed the cloud capabilities of its European peers. The platform’s multi‑region consistency and workload mobility will allow ING to offer more flexible, resilient services to customers, while its compliance‑ready architecture helps the bank navigate the evolving regulatory landscape in the EU. This strategic upgrade is expected to strengthen ING’s market position as a digital‑first bank that can rapidly respond to customer demands.
Daniele Tonella, ING’s Chief Technology Officer, said the new platform would provide a “unified, enterprise‑grade private cloud platform necessary to achieve multi‑region consistency, enhance workload mobility, and confidently meet the complex cloud sovereignty and compliance requirements.” Broadcom CEO Hock Tan added that VMware Cloud Foundation 9.0 “will transform the way financial institutions modernize their IT infrastructure, delivering agility, security, and scalability at scale.”
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.