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July 16, 2008
International News
IBM and Thanachart Bank Public Company Limited have signed a two billion baht (approximately US$60 million) agreement for a seven-year information technology (IT) Outsourcing Services contract to enhance the Thai bank's IT capacity, increase client satisfaction and address progressive growth with world class standards. The agreement also covers the delivery of services to Thanachart Group including Thanachart Securities Public Co. Ltd., Thanachart Fund Management Co. Ltd., Thanachart Life Assurance Co. Ltd. and Thanachart Insurance Co. Ltd.
BancTec, a global provider of complex business process automation solutions, has extended the reach of its BPO offerings through a new, ten-year agreement with EDB, one of the largest providers of IT services in the Nordic region. The BPO partnership agreement, worth more than $52 Million, includes the outsourcing of EDB's Document Imaging and Processing business to BancTec Sweden.
Logica is providing KPN with HR management information services. As part of this outsourcing contract five KPN employees will transfer to Logica’s offices in Rijswijk, The Netherlands. The 6.5 year contract has a value of € 2.8 million. Logica is now responsible for the management reports used by KPN’s HR managers, covering recruitment and attrition information and employee sickness leave.
Axel Springer AG is extending its existing outsourcing contract with Siemens IT Solutions and Services by another five years. Throughout Germany, Siemens operates and maintains around 12,000 computers and the corresponding software for one of Europe’s leading media companies.
Posted by jbowles at July 16, 2008 07:36 PM
