“Atos Origin signs a major international outsourcing deal with Standard Chartered Bank”
February 17th, 2004
Atos Origin, a leading international information technology services company, today announced that it has entered into a seven year international outsourcing agreement with Standard Chartered Bank (SCB) covering the managed operations of the bank's data centre infrastructure.
The agreement is to transform the services in the Asia Pacific region delivered in Hong Kong, Singapore and Malaysia and is valued at over 200 million USD. Under the new arrangement, Atos Origin will deliver an improved level of performance and cost of operation to the bank through deployment of new technology, standardisation of processes and opportunities for consolidation. The new relationship and framework will support Standard Chartered Bank and Atos Origin in exploring other areas of cooperation.
Bernard Bourigeaud, Chairman of Atos Origin declared: "This agreement reflects confidence in Atos Origin's ability to offer a consistent service to Standard Chartered Bank in the Asia Pacific region. This deal also underlines the combined strength and the complementarity of operations of the new Atos Origin organization, following the acquisition of the former SchlumbergerSema activities, and our commitment to the Asia Pacific Region."
Peter Sands, Finance Director of Standard Chartered said: "This is a long term partnership that will leverage the latest technology to deliver significant cost and capability benefits to the Bank."
About Atos Origin
Atos Origin is an international information technology (IT) services company. Its business is turning client vision into results through the application of consulting, systems integration and managed operations. The company's annual revenues are more than EUR 5 billion and it employs 47,000 people in 50 countries. Atos Origin is the Worldwide Information Technology Partner for the Olympic Games and its clients include ABN AMRO, Akzo Nobel, Alstom, BNP Paribas, BP, Ericsson, EDF, Euronext, Fiat, France Telecom, ICI, ING, KPN, Lucent, Philips, Renault, Royal Bank of Scotland, Saudi Aramco, Schlumberger, Shell, Telecom Italia, UBS, UK Department of Works and Pensions, Unilever, Vivendi Universal and Vodafone.
Atos Origin is quoted on the Paris Euronext Premier Marché and trades as Atos Origin, AtosEuronext, Atos Worldline, Atos KPMG Consulting and Atos Odyssée.
About Standard Chartered
Standard Chartered - leading the way in Asia, Africa and the Middle East
Standard Chartered employs 30,000 people in over 500 locations in 56 countries in the Asia Pacific Region, South Asia, the Middle East, Africa, the United Kingdom and the Americas. It is one of the world's most international banks, with a management team comprising 70 nationalities.
Standard Chartered is listed on both the London Stock Exchange and the Stock Exchange of Hong Kong and is in the top 25 FTSE-100 companies, by market capitalisation.
It serves both Consumer and Wholesale Banking customers. Consumer Banking provides credit cards, personal loans, mortgages, deposit taking and wealth management services to individuals and small to medium sized enterprises. Wholesale Banking provides corporate and institutional clients with services in trade finance, cash management, lending, custody, foreign exchange, debt capital markets and corporate finance.
Standard Chartered is well-established in growth markets and aims to be the right partner for its customers. The Bank combines deep local knowledge with global capability.
The Bank is trusted across its network for its standard of governance and its commitment to making a difference in the communities in which it operates.
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