Pensions company Legal & General (L&G) is weighing up its options for managing its IT infrastructure.
The company said it is going through the process of reviewing its internal IT infrastructure unit, known as Business Technology Services (BTS), which is currently in-house.
An L&G spokesman said, "Legal & General has been reviewing how best to manage its IT infrastructure. Options available are in-house or external partnership."
One source said IBM is likely to take on this function.
But L&G said it has not made up its mind yet, but confirmed it is talking to suppliers. "No final decision has yet been on the preferred outcome of the review, but L&G has started detailed discussions with a number of potential partners," said the spokesman.
The company already has its application development completed by Indian offshore service provider Tata Consultancy Services (TCS) after it signed a contract in 2008.