Sal. Oppenheim Signs IT Outsourcing Contract Extension with EDS

WEBWIRE – Thursday, August 07, 2008 Delivery, quality and successful collaboration key factors for five-year contract extension PLANO, Texas – EDS today announced that Sal. Oppenheim jr. & CIE., Europe’s leading private bank, has extended its information technology (IT) outsourcing contract with EDS for five years. Financial terms were not disclosed. The contract extension covers the management of Sal. Oppenheim’s existing IT infrastructure at all locations. Since 1997, EDS has managed and operated the entire Sal. Oppenheim IT infrastructure. “We have placed our IT in EDS’ hands for more than 10 years,” said Siegfried Grohs, managing director product services & operations at Sal. Oppenheim. “As a bank, it is extremely important to have an IT partner that secures the reliability of our processes and transactions.” EDS is... [read full story]