Van Lanschot Bankiers Awards Accenture Seven-Year Application Outsourcing Contract
AMSTERDAM, Netherlands; Jan. 13, 2009 — Accenture (NYSE: ACN) has signed a seven-year, multi-million dollar application outsourcing contract with Van Lanschot Bankiers, the oldest independent bank in the Netherlands, to develop and maintain the bank’s overall core banking applications, including credit services, asset and risk management.
This contract is part of an IT transformation project that the bank launched under its business transformation program, which seeks to grow its business through enhanced operational efficiency and improved customer service.
Accenture will provide development, implementation and ongoing maintenance services for Van Lanschot Bankiers’ new and existing applications, including customer relationship management, internet, management information systems and back-office applications. The services will be provided through Accenture’s Global Delivery Network, which includes more than 50 delivery centers across five continents.
Accenture will also help Van Lanschot Bankiers redesign its IT process to optimize the bank’s IT services and assist in reducing IT costs.
Accenture’s proven expertise in application outsourcing and IT transformation projects combined with its global experience in the banking industry made it a partner of choice for Van Lanschot Bankiers.While Accenture looks after Van Lanschot’s applications, Van Lanschot can better focus on growing its business.
“Process and technology complexities are often the main reasons that IT organizations come up short in supporting overall business strategies,” said Hervé Auchère, a senior executive in Accenture’s Financial Services group. “By initiating this IT transformation program and outsourcing its application maintenance and development to Accenture, Van Lanschot Bankiers will be able to create a simpler and more agile IT function which will help the bank deliver business value and achieve high performance.”
Accenture is a global management consulting, technology services and outsourcing company. 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. With more than 186,000 people serving clients in over 120 countries, the company generated net revenues of US$23.39 billion for the fiscal year ended Aug. 31, 2008. Its home page is www.accenture.com.
About Van Lanschot Bankiers
Van Lanschot NV is the holding company of F. van Lanschot Bankiers NV, the oldest independent bank in the Netherlands, with a history dating back to 1737. Van Lanschot focuses on three target groups: high net-worth individuals, medium-sized businesses (including family businesses) and institutional investors. Van Lanschot stands for high-quality services founded on integrated advice, personal service and customised solutions. Van Lanschot NV is listed on the Euronext Amsterdam Stock Market.
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