20 August 2017
visit www.avoka.com

Discover extends IBM IT service contract

04 January 2010  |  6405 views  |  0 Source: IBM

IBM (NYSE: IBM) announced today it will provide information technology (IT) services to Discover Financial Services (NYSE: DFS) through 2015 as a result of an extended outsourcing agreement between the two companies.

As part of the agreement, IBM will continue providing management and support for some of Discover's most critical IT operations. IBM will make investments in software, processing, and storage technologies that will result in improved operations, efficiency, reporting and compliance.

"IBM has had a long history working closely with Discover to provide high quality, highly efficient IT operations. The new agreement provides them with the flexibility to meet the challenges present in the card business today while taking our relationship well into the next decade," said Scott Morin, IBM vice president of Financial Services Sector, Strategic Outsourcing.

"Technology plays a key role in all aspects of Discover's business. Through the work performed under this agreement, we expect to further enhance our customer experience while realizing increased efficiencies in our operations," said Glenn Schneider, Senior Vice President and Chief Information Officer, Discover Financial Services.

The contract was signed in November 2009.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.dorsum.euvisit www.niceactimize.comvisit www.worldpaymentsreport.com

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
9647 views comments | 23 tweets | 23 linkedin
Norwegian banks and startups form fintech clusterNorwegian banks and startups form fintech...
8124 views comments | 19 tweets | 23 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
7743 views comments | 10 tweets | 7 linkedin
hands typing furiouslyWhy Is Risk Analytics Important?
7403 views 0 | 2 tweets | 1 linkedin
Barclays pairs banking data with third party apps for SmartBusiness DashboardBarclays pairs banking data with third par...
6958 views comments | 14 tweets | 13 linkedin

Featured job

Competitive
London, UK (or flexible)

Find your next job