EDS announces European financial IT contracts

EDS announces European financial IT contracts

EDS has announced new and renewed IT contracts with Banca Antonveneta in Italy, South African life assurer Sage Life and the UK Post Office.

The new seven-year contract with Banca Antonveneta is for the supply of business continuity services through a fibre optic connection between the bank's infrastructure and EDS Data Centres.

The vendor has also announced a three-year contract extension with Sage Life for midrange hosting and applications development services- extending the current contract until 2010 - and a new five-year contract with the UK Post Office to provide cheque and TV license processing services.

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