Computer Sciences Corporation and AMP Limited, a leading international financial services company, today announced that they have entered into a five-year information technology (IT) outsourcing agreement, valued at US$290 million (gbp 200 million), for AMP’s United Kingdom operations.
Under the terms of the agreement, CSC will manage mainframe and midrange services, voice and data networks, service help desks, desktops, servers and high-volume printing for AMP’s UK operations, including Pearl Assurance, NPI, London Life, Cogent and Henderson Global Investors. Approximately 220 AMP employees within the UK will transfer to CSC. CSC takes responsibility for managing AMP’s IT operations effective today.
This new agreement builds on CSC’s relationship with AMP’s Australian operations, which began in 1993. CSC’s outsourcing contract with the Australian operations of AMP, which was expanded in June 2000, is valued at US$314 million over five years. The new UK contract is separate from the Australian relationship.
We are pleased by the confidence AMP has placed in CSC on a global basis, said Van B. Honeycutt, CSC’s chairman, president and chief executive officer. We have built our relationship on the strength and effectiveness of the services we have provided and we will continue to bring innovation and value to AMP.
According to Warwick Foster, AMP chief information officer, In line with our corporate strategy, AMP is actively building strategic relationships with global partners to support the increasingly international composition of AMP’s operations in our core businesses of wealth creation and protection.
We look forward to building on the strength of our seven-year association with CSC and are confident that they will continue to bring improving levels of service and innovation to AMP’s 22,000 employees worldwide.
We welcome AMP’s highly skilled IT employees to CSC, Guy Hains, president of CSC’s UK division, added. The expertise they bring to us will enhance our already strong technical capabilities in the United Kingdom.
