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News for : July 2002

2002

Jul

10

Unisys in outsourcing deal with RAMS Home Loans

Unisys has secured a seven-year US$80 million deal to manage RAMS Home Loan’s mortgage processing and information technology. RAMS Home Loans is Australia's second-largest non-bank mortgage originator and has 30% of the non-bank mortgage market

2002

Jul

10

Coles Myer today announced it would be outsourcing its superannuation fund

In a media release, Coles Myer today announced it would be outsourcing its superannuation fund under an innovative arrangement that brings together two leading Australian financial services players, InTech and Mercer. Under the new arrangement

2002

Jul

03

EDS wins Bank of Queensland Contract

"Bank of Queensland Limited and EDS today announced a US$250 million contract for EDS to outsource and upgrade the Bank’s information technology (IT) infrastructure and back office processes. Under the 10 yr deal, EDS will provide a range o

2002

Jul

02

The outsourcing risks

Steve Marlin, reports that, in their rush to sign contracts with vendors of outsourced IT services, banks may be exposing themselves to risks that could wipe out any anticipated savings. The issue of vendor management gained attention recently wi

2002

Jul

05

Outsourcing gains momentum in the Financial Industry

Jack Mc McCarthy in his article posted on InfoWorld.com reports, that chief technologists in the financial services and banking sectors are handing off to outsourcers day-to-day management of non core -- yet crucial -- operations. In return, they

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