Westpac has been named as the anchor customer of IBM's first New Zealand delivery centre, which launches today in Auckland.
The centre - at Unitec Institute of Technology's Mt Albert campus in Auckland - hopes to employ up to 400 people over the next two years, including students and graduates from the tertiary provider.
The venture is based on a centre which IBM launched in Australia in 2005 and according to IBM it will give students paid work-experience that complements their studies.
Westpac has signed a five year contract with the centre, which will provide it with "important technical and IT support" from under-graduate and post-graduate computer science students.
The Westpac deal will employ around 120 students and equates to approximately 50-full time positions, an IBM spokesperson said.