TORONTO; April 2, 2007 – Accenture (NYSE: ACN) has signed a master services agreement with Sun Life Assurance Company of Canada, a member of the Sun Life Financial group of companies. This arrangement establishes Accenture as a preferred vendor for the provision of application development and maintenance services to Sun Life Financial.
Outsourcing application development and maintenance projects is part of Sun Life Financial’s program to consolidate its emerging markets presence and further integrate its business strategy and operations worldwide. By outsourcing some of these services, Sun Life Financial aims to decrease time to market and improve global efficiency and performance.
“Accenture brings complementary skills to our in-house application development function, as well as extensive knowledge and experience in the Asian market,” said Virginia Woodhouse, vice-president of Enterprise Application Services at Sun Life Financial.
“Through this agreement, Accenture will support Sun Life Financial in pursuing new levels of business efficiency, including reduced costs and access to a global workforce,” said Sanjay Tugnait, executive director in Accenture’s Financial Services operating group. “We can help Sun Life Financial maximize their return on IT investments through greater application standardization.”
Accenture delivers application outsourcing services through its Global Delivery Network, which comprises more than 53,000 professionals in 44 delivery centers across 29 cities on five continents, as well as numerous other Accenture client locations around the world.
Sun Life Financial is an international financial services organization providing a diverse range of protection and wealth accumulation products to individuals and corporate customers.
Accenture is a global management consulting, technology services and outsourcing company. Committed to delivering innovation, Accenture collaborates with its clients to help them become high-performance businesses and governments. With deep industry and business process expertise, broad global resources and a proven track record, Accenture can mobilize the right people, skills and technologies to help clients improve their performance. With more than 152,000 people in 49 countries, the company generated net revenues of US$16.65 billion for the fiscal year ended Aug. 31, 2006. Its home page is www.accenture.com.