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July 25, 2007
New Business
Leading Peruvian private bank Interbank has selected IBM to provide services that will increase its automatic teller machine network by roughly 38 percent. Under the $4.26 million agreement signed in May, IBM will install, configure and maintain 265 new ATMs. Interbank owns the largest ATM network in Peru, with IBM as its service provider since 2002.
EDS announced an agreement with Dean Health Insurance, one of the largest and most diversified managed care organizations in the Midwest, to implement EDS' MetaVance Administration and Finance System. This
agreement will allow Dean Health Insurance to improve productivity and efficiency, enable growth and ultimately improve service to its 275,000 members. Financial details were not disclosed.
Affiliated Computer Services, Inc. will provide defined benefit and health and welfare administration for Ameren Corporation, one of the nation's largest investor-owned electric and gas utilities. Under the terms of the five-year agreement, ACS will administer Ameren's pension and health plans for 24,000 participating employees and retirees. ACS will employ its proprietary benefit outsourcing technology to manage Ameren's defined benefit and health plans.
The Bank of Beirut and the Arab Countries SAL (BBAC), a leading commercial bank in Lebanon, has selected IBM software, hardware and industry expertise to create a business intelligence infrastructure designed to help the bank manage risk and boost profitability. This engagement represents IBM's first major Information on Demand project in Lebanon.
Unisys Corporation has received an extension to its IT outsourcing services contract with the City of Chicago. The extension has an estimated value of $72 million for the initial six-year term and an additional $12 million if the city exercises a one-year option. Under the extension, Unisys will expand the range of IT outsourcing services it provides the city.
Posted by jbowles at July 25, 2007 08:30 AM
