The new deal, which will run for seven years and 10 months, replaces a previous seven-year contract between CSC and Schroders signed in June 2001.
Under the terms of the new deal, CSC will provide infrastructure services for desktops and networks, as well as support for certain core applications.
London, UK-based Schroders manages assets with a total value of approximately 122.5bn pounds ($214.2bn) for a range of clients including insurance companies, local authorities, charities, and retail investors.