ABN Amro signs with MCI for managed IP network

Dutch banking group ABN Amro has signed a five year contract, worth EUR500 million, with US telecoms firm MCI for the supply and management of a MPLS-based IP network that will connect its locations in 25 countries.

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ABN Amro signs with MCI for managed IP network

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Under the terms of the deal MCI will assume overall management and delivery responsibility for ABN Amro's global networking services.

The scope of the agreement includes wide-area network, local-area network and security services connecting more than 6000 bank locations in 25 countries, and 200+ regional network providers.

"This contract will see the transformation of ABN Amro's global infrastructure to an end-to-end managed service based on MPLS (multi-protocol label switching) technologies at the core," says Peter Josse, global head, telecoms and network services, ABN Amro. "By transferring operational responsibility of our global network service to MCI we will achieve significant service and quality improvements while driving major cost efficiencies."

MCI says its global service operations team will utilise its Impact platform to manage all aspects of ABN AMRO's service and supply chain and to deliver managed network and security services.

Wayne Huyard, president of sales and service for MCI, comments: "With ABN Amro, we are delivering the best in global network and security management, professional services and managed network migration to global IP."

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