Schroders Outsources Information Technology to Computer Sciences Corp.

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LONDON--Schroders has entered into a $240 million contract with Computer Sciences Corp. (CSC) for IT outsourcing. According to the seven-year agreement, CSC will manage infrastructure and application services for the asset management firm. More than 200 Schroders employees involved in IT services transferred to CSC on June 1.

Computer Sciences Corp. will manage IT for Schroders’ offices and data center in London, supporting 2,500 desktops. For a short-term period, CSC will also provide support to

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