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Easy as ABN Amro

WATERS Q&A

ABN Amro has a reputation in the investment banking community for outsourcing its IT functions. In 2002, the Dutch bank announced a deal to outsource the technology services and applications development for its Wholesale Clients division to IT service provider EDS. Just two months ago, the bank announced a €1.8 billion ($2.2 billion) deal with five vendors, including IBM, which covers its IT infrastructure, application support and development for the rest of its operations.

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