National Savings and Investments creates £300m prolongation to Atos deal

UK state-owned assets bank National Savings and Investments (NSI) is fluctuating a IT services agreement with French IT services association Atos.

NSI will compensate Atos an additional £305m for a three-year prolongation that will take a attribute to 2024. The prior contract, sealed in 2014, was for 5 years.

Between 2014 and 2018, sum supports invested with NSI grew from £106bn to £157bn, and a bank’s altogether agreement with Atos over 10 years from 2014 is approaching to be value some-more than £1bn.

Atos has already rested NSI’s website, introduced a 24-hour hit centre, and deployed amicable media channels and web discuss for patron contact.

“NSI will continue to work with Atos to labour a patron use offer, with softened digital capability and a concentration on ensuring a business continues to work efficiently, regulating an infrastructure that provides value for income for taxpayers,” pronounced an NSI statement.

NSI CIO Ian Ackerley added: “The three-year prolongation to a operational services agreement means that Atos will continue to broach customer-facing and back-office services to NSI’s 25 million customers. It will assistance NSI to serve raise a patron offer, while during a same time regulating a discernment and imagination to broach for other tools of supervision and broach value for income for taxpayers.”

In 1999, NSI initial outsourced a operations to Siemens Business Services, that was acquired by Atos in Jul 2011 for €850m. The bank calculates that it has saved about £530m in costs given it initial outsourced IT services.

Article source: https://www.computerweekly.com/news/252461117/National-Savings-and-Investments-makes-300m-extension-to-Atos-deal

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