EDS clinches $85 million IT outsourcing contract extensions

EDS clinches $85 million IT outsourcing contract extensions

EDS has announced add-on and renewed IT outsourcing contracts valued at more than $85 million with major financial services firms in Europe and the United States.

The deals include an additional seven-year contract extension with Amlin, the provider of insurance and reinsurance for aviation, direct marine, property, casualty and commercial motor. This follows the successful completion of the first three years of a five-year IT infrastructure outsourcing agreement to provide managed services including helpdesk, infrastructure and application support, and service management for its two locations in London. Amlin outsourced its London-based IT operations to EDS in 2000.

EDS has also signed an additional four-year agreement with Banca Antonveneta Group for desktop support services. Under the agreement, EDS will support and manage the 12,000 desktops, 1300 servers and 1200 ATMs in more than 1000 locations across Italy. EDS also provides the bank with business continuity services.

Finally, the vendor says it has clinched a nine-year agreement with Bank of America for additional managed network outsourcing services.

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