ING signs MoU with LogicaCMG
LogicaCMG and ING have signed a six-year, outsourcing activities MoU estimated at over 200 million euro. The outsourcing deal is for application development, application maintenance and testing of IT systems.
Under the agreement, approximately 350 ING employees based in the Netherlands will join LogicaCMG. The employees will continue to work for ING as well as other LogicaCMG financial services customers.
Paul Schuyt, chief executive of LogicaCMG in Netherlands, said, "Through the conclusion of this contract with ING, we will not only significantly strengthen our position in the important financial services market, but we will also further develop our outsourcing capabilities. We are looking forward to welcoming the ING employees to LogicaCMG. LogicaCMG will be working closely with ING to ensure the smooth transition of these employees."
Image Source: www.beleggersbelangen.nl
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