17 January 2018
visit www.avoka.com

ING extends Fidelity apps support and development outsourcing deal

13 June 2006  |  1885 views  |  0 Source: Fidelity National Information Services

Fidelity National Information Services, Inc. (NYSE: FIS) today announced a multi-year outsourcing agreement to provide application support and development services for ING Netherlands' savings products.

The new agreement expands an existing relationship as ING Netherlands will now utilize resources that will be distributed across two Fidelity National Information Services support center locations -- Amsterdam, Netherlands and Bangalore, India. Led by a dedicated team of product and development managers, the newly contracted offshore services in India will be provided through Covansys, Fidelity National Information Services' primary offshore resource partner. Covansys, which is partially owned by Fidelity National Information Services, is a US-based company, with more than 15 years' experience in application management and development offshoring activities.

"Our existing relationship with ING Netherlands provides us with insight into their business goals and a keen understanding of the dynamic Dutch banking market, thereby enabling us to provide the product functionality, operational requirements and rapid response essential to continually meet the bank's needs," said Michael Sanchez, chairman of Fidelity National Information Services' International division. "We look forward to continuing to play a key role in the bank's technology plans for the future."

"Fidelity National Information Services has over 35 years' experience in outsourcing, which allows us to draw on a wealth of resources and expertise. This agreement further demonstrates the growth potential of our outsourcing capabilities in the Europe, Middle East, Africa (EMEA) region and across the international marketplace," added Sanchez. "Our relationship with Covansys provides our clients with a unique opportunity to take advantage of lower costs inherent with the utilization of offshore resources, while relying on Fidelity National Information Services as a single point of contact for a truly customized approach."

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.thomsonreuters.infovisit www.vasco.comvisit www.capgemini.com

Who is commenting?

Top topics

Most viewed Most shared
Buffett rubbishes cryptocurrencies; South Korea preps exchange crackdownBuffett rubbishes cryptocurrencies; South...
11735 views comments | 16 tweets | 17 linkedin
Europe begins Open Banking era in subdued styleEurope begins Open Banking era in subdued...
9882 views comments | 32 tweets | 35 linkedin
Crypto mining threatened by power capacity concernsCrypto mining threatened by power capacity...
9647 views comments | 17 tweets | 18 linkedin
Exchanges call for global fintech standardsExchanges call for global fintech standard...
9363 views comments | 17 tweets | 13 linkedin
Wells Fargo to close 900 branchesWells Fargo to close 900 branches
9223 views comments | 14 tweets | 16 linkedin

Featured job

New York, NY - USA (some flexibility on location)

Find your next job