The 19 year old relationship between financial services business AMP and CSC has been extended for another four years in a deal worth more than A$220 million. CSC will provide a range of IT services to support the merged operations of AMP and AXA Pacific holdings. Work is already underway to integrate the IT systems of the two organisations which merged 14 months ago.
CSC’s and AMP’s relationship harks back to 1989 when AMP bought out CSC’s stake in the then Computer Sciences Australia, freeing the Australian technology organisation to bid for sensitive government and defence business. The contract accounted today runs through to 2016, and is an extension of a six year A$150 million contract signed in 2009 which sees CSC providing outsourced managed infrastructure services for mainframe, midrange, network, desktop, service desk and cloud email service, as well as information and system security.
Source: IT Wire