California-based Computer Sciences Corporation has won a five-year information technology (IT) outsourcing agreement, valued at US$290 million, for Australian financial services firm AMP's United Kingdom operations.
Under the terms of the agreement, CSC will manage mainframe and midrange services, voice and data networks, service help desks, desktops, servers and high-volume printing for AMP's UK operations, including, Pearl Assurance, NPI, London Life, Cogent and Henderson Global Investors.
Approximately 220 AMP employees within the UK will immediately transfer to CSC.
This new agreement builds on CSC's relationship with AMP's Australian operations, which began in 1993 and was expanded in June 2000.