EDS in Talks to Manage ABN Amro’s Data

ORGANIZATION AND STRATEGY

ABN Amro is in negotiations with Plano, Texas-based consultant EDS to outsource market data management and IT for its wholesale client (WCS) activities, it was revealed last week.

The bank is in exclusive negotiations with EDS for a five-year, IT outsourcing contract valued at E1.5 billion (approximately $1.5 billion).

The contract, which will focus on key bank sites in the Netherlands, the UK and the US, is likely to cover the management of market data usage, software installations and supp

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