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October 25, 2006
New Business
Vermont-based National Life Group, a growing and diversified family of financial service companies founded more than 150 years ago, has signed a multi-year contract with Perot Systems for mainframe operations services. Under terms of the deal, Perot Systems will provide data center, storage and network services to the insurer's flagship company, National Life Insurance Company, and to Life Insurance Company of the Southwest.
SAVVIS,Inc. announced that easyJet, Europe's leading low-fares airline, has outsourced its mission-critical IT infrastructure to underpin its risk management strategy, provide an enhanced customer experience and reduced costs per seat. 98% of easyJet’s business is conducted via its Web site, making it one of Europe’s biggest Internet retailers. During peak periods, the airline books an average of 10 seats per second and generates nearly $4 million an hour.
State Street Corporation announced that it has been appointed by Evergreen Investments to provide investment manager operations outsourcing services for more than 2,500 portfolios representing approximately $150 billion in assets, as of September 30, 2006.
Posted by jbowles at October 25, 2006 07:35 PM
