LONDON; Sept. 23, 2010 – Accenture (NYSE: ACN) and National Australia Group Europe (NAGE), a subsidiary of National Australia Bank, have signed an application development and management agreement that extends their existing contract for an additional three years to 2015.
Accenture will continue to provide application development and management services for a number of the bank’s key enterprise and customer applications. The contract, which extends a similar agreement signed by the two companies in 2007, is designed to help NAGE achieve a more flexible and scalable IT function by increasing its use of Accenture’s Global Delivery Network.
“The extended agreement reflects Accenture’s role as a strategic business partner to National Australia Group Europe,” said Debbie Crosbie, CIO, National Australia Group Europe. “Our decision to continue to partner with Accenture is based upon the strength of our relationship to date, the quality of service provided and Accenture’s ability to help us deliver responsive, flexible and efficient IT service to our customers.”
“By keeping customers at the center of its business and keeping services in step with changing market needs, NAGE has positioned itself for the future,” said Sushil Saluja, Managing Director of Accenture’s Financial Services group in the U.K. “We are delighted with the extension of our relationship and look forward to continuing to help the bank increase efficiencies, manage costs and deliver a high quality service to its customers.”
About National Australia Group
National Australia Group Europe is a UK-based subsidiary of National Australia Bank (NAB) and incorporates Clydesdale Bank, Yorkshire Bank and NAB Capital. Yorkshire Bank was founded in 1859 in Halifax, West Yorkshire, and now has a strong personal customer base and a growing business banking capability in the North of England and the Midlands. Clydesdale Bank was established in 1838 in Glasgow and is one of Scotland’s largest banks as well as having a significant presence in London and the South of England. Both banks have a proud history of innovation and support for local industry and communities. With a combined network of 340 retail branches and 72 business banking Financial Solutions Centres, both Clydesdale and Yorkshire Banks are members of the National Australia Bank Group. Clydesdale Bank plc became a member of the Group in 1987 and Yorkshire Bank joined in 1990.
Accenture is a global management consulting, technology services and outsourcing company, with more than 190,000 people serving clients in more than 120 countries. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the world’s most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments. The company generated net revenues of US$21.58 billion for the fiscal year ended Aug. 31, 2009. Its home page is www.accenture.com.
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Sean K. Conway
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