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The 19 year old relationship between financial services business AMP and CSC has been extended for another four years in a deal worth more than $220 million.

CSC will provide a range of IT services to support the merged operations of AMP and AXA Pacific holdings. Work is already underway to integrate the IT systems of the two organisations which merged 14 months ago.

CSC’s and AMP’s relationship harks back to 1989 when AMP bought out CSC’s stake in the then Computer Sciences Australia, freeing the Australian technology organisation to bid for sensitive government and defence business.

In 1993 that deal was reversed however with CSC buying Computer Sciences Australia and in return winning a ten year contract to run AMP’s mainframe computers.

The contract accounted today runs through to 2016, and is an extension of a six year $150 million contract signed in 2009 which sees CSC providing outsourced managed infrastructure services for mainframe, midrange, network, desktop, service desk and cloud email service, as well as information and system security.

Lee Barnett, AMP Chief Information Office acknowledged the long and successful relationship between the companies adding that; “With a proven track record of service delivery supporting business change, CSC was the obvious choice to assist AMP to support our integration program.”

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Beverley Head

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Beverley Head is a Sydney-based freelance writer who specialises in exploring how and why technology changes everything - society, business, government, education, health. Beverley started writing about the business of technology in London in 1983 before moving to Australia in 1986. She was the technology editor of the Financial Review for almost a decade, and then became the newspaper's features editor before embarking on a freelance career, during which time she has written on a broad array of technology related topics for the Sydney Morning Herald, Age, Boss, BRW, Banking Day, Campus Review, Education Review, Insite and Government Technology Review. Beverley holds a degree in Metallurgy and the Science of Materials from Oxford University and a deep affection for things which are shaken not stirred.

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