Durrant Pate/Contributor

Jamaican traded and regionally operated information technology group, Productive Business Solutions (PBS) has secured a 10-year strategic agreement with an unnamed leading international bank.

The deal, valued in the eight-figure US dollar range, is geared towards modernising and strengthening its data, analytics, and resilience infrastructure across Central America. 

The agreement, which has formally been approved by the bank’s Board of Directors, positions PBS as a long-term strategic partner responsible for supporting the transformation and operation of critical enterprise platforms. The deal includes a multi-phase implementation and long-term managed services model, reinforcing PBS’ recurring revenue streams. 

As part of the initiative, PBS, which also trades on the Barbados Stock Exchange, will deploy a next-generation data architecture powered by Oracle Exadata, Oracle Database 26AI, Oracle Database Appliance, and a Zero Data-Loss Disaster Recovery, alongside capabilities enabled through data integration architecture.

The transformation will extend to the bank’s Analytics Unit through the modernisation of its enterprise Data Warehouse environment and integration capabilities. Artificial Intelligence technologies will be embedded into selected operational processes to improve efficiency, strengthen risk management, and support faster data-driven decision-making. 

The project will be led by PBS’ Advanced Services Division. PBS Group CEO, Pedro M. Paris says, “This agreement highlights our consulting role in delivering the highly resilient, data-centric, and intelligence-driven platforms that modern financial institutions require. From an investor perspective, it also validates our strategy of building long-term relationships around mission-critical environments that combine high-value engineering capabilities with managed services.” 

PBS Group is a leading technology, services, and solutions provider operating across Central America, the Caribbean, and northern South America. The company partners with globally recognised technology leaders to help organisations improve operational efficiency, strengthen security, and accelerate digital transformation initiatives.