Tieto and Tapiola agree on outsourcing of ICT operating services

Tieto and Tapiola agree on outsourcing of ICT operating services

ID: 48244

(Thomson Reuters ONE) -


Tieto Corporation         PRESS RELEASE         1 November 2010 at 8.00 am EET

Tapiola, a Finnish customer-owned group offering insurance, bank, savings and
investment services, has decided to centralise selected ICT operating services
to Tieto.The agreement covers Tapiola Group's mainframe capacity and related
storage and backing up capacities, management and monitoring of the environment
as well as application monitoring of separately defined systems. The migration
project will begin at the start of 2011 and implementation commences in autumn
2011. In connection with these new arrangements, there will be a transfer to
Tieto Finland of certain personnel who look after Tieto-Tapiola mainframe
service tasks. The service agreement will come into effect after the migration
phase on 1 September 2011 and will be valid for five years. The agreement's
total value is approximately 23 million euros.

"Tapiola is a significant player in the financial sector in Finland. We are
excited about our new co-operation aiming to improve Tapiola's services. Our
strong expertise in the industry and extensive experience in outsourcing create
a good foundation for mutual success and for supporting Tapiola Group's business
growth and efficiency of operations," says Jussi Grönholm, Vice President,
Financial Services, Tieto Finland,"and I warmly welcome the employees who are
transferring from Tapiola to us."

"In Tapiola we must improve the cost efficiency of our IT services and secure
our mainframe expertise. These factors were pivotal in the decision-making. We
expect a great deal from our co-operation with Tieto. The mainframe capacity
that will be made available to us according to our business needs will be
flexible in terms of quantity and costs. Tieto's global 24/7 service model
provides flexible, standard capacity service, which is considerably more cost




effective than the present operating model," says Esa Viitamäki, Chief
Information Officer, Tapiola.

For further information, please contact:

Jussi Grönholm, Vice President, Tieto, Financial Services, tel.
+358 20 726 0019, jussi.gronholm(at)tieto.com

Esa Viitamäki, Chief Information Officer, Tapiola Group, tel. +358 9 453 2263,
esa.viitamaki(at)tapiola.fi

Tieto is an IT service company providing IT, R&D and consulting services. With
approximately 17 000 experts, we are among the leading IT service companies in
Northern Europe and the global leader in selected segments. We specialize in
areas where we have the deepest understanding of our customers' businesses and
needs. Our superior customer centricity and expertise in digital services set us
apart from our competitors. www.tieto.com

Tapiola is owned by the policyholders and develops and utilises sustainable
solutions to provide its customers with benefits for wellbeing and success.
Companies co-operate on a group level to develop and produce services for
private households, companies, major customers and corporations. Tapiola's
services are available in a total of 170 locations in Finland.
http://www.tapiola.fi/wwweng/briefly/

TIETO CORPORATION

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Source: Tieto Oyj via Thomson Reuters ONE


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Bereitgestellt von Benutzer: hugin
Datum: 01.11.2010 - 07:00 Uhr
Sprache: Deutsch
News-ID 48244
Anzahl Zeichen: 4068

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"Tieto and Tapiola agree on outsourcing of ICT operating services"
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