Britannic awards 10 year outsourcing contract to Atos Origin
05 July 2005 | 2062 views | 0
Source: Atos Origin
Atos Origin, a leading IT services company, today announced that it has signed a substantial 10-year outsourcing contract with Britannic.
This new contract continues an existing relationship and consolidates Atos Origin as the premier IT partner to Britannic.
Once the recently announced merger with Resolution Life Group completes, Britannic will be part of the leading UK closed life fund consolidator managing over six million insurance policies. Atos Origin will provide data centre and print services to support the management of all Britannic closed book policies in accordance with FSA regulations. This includes 24/7 monitoring of the operation platforms, using automated tools developed by Atos Origin, to ensure there is no disruption to service, as well as managing the printing of all financial documentation, including cheques.
"To reduce our IT costs and get more value from our IT spend, we decided to rationalise our IT providers and appoint a single preferred IT partner," said Steve Nesbitt, Head of IT at Britannic. "We chose Atos Origin for two reasons. Firstly, we have a longstanding relationship and have been impressed by their track record in delivering on time and to budget. Secondly, they presented a strong proposal that clearly indicated how we can achieve significant cost savings over the course of the contract."
"The Financial Services sector is a focus for Atos Origin and winning this contract gives us a platform for continued strong growth in the sector," said Joe Edwards, head of Financial Services, Atos Origin. "Through our teams of experts in consulting, systems integration and managed operations, we are working with a number of financial institutions to deliver all the design, build and operate elements of an IT outsourcing solution, that helps them reduce their costs while increasing control of their operations."
"This is a strategic win for Atos Origin which further strengthens our position in the UK financial services sector giving us a balanced portfolio that is split more equally between private and public sector," said Derek Ward, executive vice president for the Private Sector, Atos Origin.