Van Lanschot Bankiers has awarded Accenture a seven-year, multi-million dollar outsourcing contract to develop and maintain the Dutch bank's overall core banking applications, including credit services, asset and risk management.
Through its global delivery network, Accenture will provide development, implementation and ongoing maintenance services for the bank's customer relationship management, Internet, management information systems and back-office applications.
The vendor says it will also help Van Lanschot Bankiers redesign its technology process to help improve services and cut costs.
The contract is part of an IT transformation project recently launched by the bank designed to gain business through greater operational efficiency and improved customer service.
Hervé Auchère, financial services group, Accenture, says: "By initiating this IT transformation program and outsourcing its application maintenance and development to Accenture, Van Lanschot Bankiers will be able to create a simpler and more agile IT function which will help the bank deliver business value and achieve high performance."