Dutch bank signs major IT outsourcing deal

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Dutch bank signs major IT outsourcing deal

Antony Savvas

Rabobank in the Netherlands has signed a major joint IT outsourcing deal with Cognizant and Ordina.

Cognizant and Ordina will collaborate to deliver outsourced services as part of a seven-year deal with Rabobank, encompassing application design, development and testing services.

Cognizant will manage the onsite/offshore delivery of services. Other terms of the arrangement have not been disclosed.

Piet van Schijndel, a member of the board of management at Rabobank Group, said, “Our decision making hinges on continuity of employment and services. Many of our systems will be replaced over the next few years.

“Dutch-based Ordina offers good services, as well as career perspectives for our employees. Cognizant has been one of our offshore service providers for some time now, and has proved to deliver quality services.”

The job implications of current Rabobank IT employees as a result of the deal have so far not been confirmed.

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