“KAS BANK outsources mainframe services to Atos Origin”
Utrecht, 19 May 2009
Outsourcing can improve KAS BANK's flexibility in freeing up capacity; Atos Origin offers continuity during migration
Atos Origin, an international IT services provider, signed a 2½ year contract with KAS BANK, a European independent specialist in securities services, for the outsourcing of its mainframe services. The move of KAS BANK's mainframe services in Amsterdam, London and Wiesbaden to Atos Origin's European mainframe data centre in Essen (Germany) will enable KAS BANK to be flexible in freeing up the capacity it needs. Outsourcing to Atos Origin will guarantee the continuation of compliancy requirements such as SAS70*.
KAS BANK chose Atos Origin because of its extensive track record in business-critical environments within the financial sector. Atos Origin can guarantee KAS BANK the necessary continuity of its main critical business applications during the migration of the mainframe services.
The contract includes the management of the mainframe environment infrastructure and will initially run for 2½ years.
Peter 't Jong, Executive Vice President Managed Operations at Atos Origin in the Netherlands, sees the contract with KAS BANK as confirmation of Atos Origin's strong position within the financial services sector: “We work for a large number of financial organisations and manage their core processes. It is great that KAS BANK has also given us the opportunity to show that we are the best international partner to support the continuity and growth of the bank. We can provide a flexible solution which is also fully scalable besides guaranteeing the continuity of business processes during the migration process and after.”
SAS 70 is an auditing statement issued by the Auditing Standards Board of the American Institute of Certified Public Accountants (AICPA), officially titled “Reports on the Processing of Transactions by Service Organizations”. SAS 70 defines the professional standards used by a service auditor to assess the internal controls of a service organization and issue a service auditor's report. Service organizations are typically entities that provide outsourcing services that impact the control environment of their customers.
About Atos Origin
Atos Origin is an international information technology services company. Its business is turning client vision into results through the application of Consulting, Systems Integration and Managed Operations. The Company's annual revenue is EUR 5.5 billion and it employs 50,000 professionals in 40 countries. Atos Origin is the Worldwide Information Technology Partner for the Olympic Games and has a client base of international blue-chip companies across all sectors. Atos Origin is quoted on the Paris Eurolist Market and trades as Atos Origin, Atos Worldline and Atos Consulting.
About KAS BANK
KAS BANK is a European specialist in wholesale securities services. As an independent bank, KAS BANK connects professional financial institutions both within Europe and across the globe. KAS BANK focuses on providing added-value services to national and international organisations active in the pensions and securities industries. The bank views the market from the perspective of its clients – tailor-made services and complete transparency are paramount in helping them to meet their business objectives.
For more information:
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