Sparebanken Vest enters into an agreement with EDB worth NOK 500
million
(Thomson Reuters ONE) - (Bergen, 26 November 2009) Sparebanken Vest has entered into anagreement with EDB for the purchase of product solutions andoperating services for the bank's activities. The agreement runs forfive years until the end of 2014, and represents total contract valuein the order of NOK 500 million."Sparebanken Vest is a very important customer and business partnerfor EDB, and I am delighted that the bank has confirmed itsconfidence in us by renewing our co-operation for a further fiveyears. We will do our utmost to ensure that Sparebanken Vest is ableto continue to deliver high quality and competitive solutions for itscustomers and employees in the years ahead", says Wiljar Nesse,Executive Vice President - Bank & Finance at EDB."When selecting our supplier we attached particular importance tohaving access to a complete solutions portfolio, and to reliable andstable operating services. We intend to continue to develop thecollaboration between Sparebanken Vest and EDB, based on openness andmutual confidence. This will in turn ensure that Sparebanken Vestenjoys the benefits of flexibility and rapid time to market",comments Jan Erik Kjerpeseth, Deputy Managing Director of SparebankenVest.About the contractUnder the terms of the agreement, EDB will be responsible fordelivering solutions and operating services to Sparebanken Vestthrough to 31 December 2014. EDB has been the bank's supplier ofthese services for a number of years, and the new agreement is acontinuation of the current collaboration between the two parties.The agreement represents total contract value through to the close of2014 of NOK 500 million.EDB and Sparebanken Vest are committed to facilitating extensivecollaboration and interaction throughout the contract period. Thiswill include giving the bank the opportunity to influence thedevelopment of EDB's new and forward-looking solutions, and toimplement these solutions at an early stage. At the same time, EDB'sdevelopment work will benefit from its close understanding of thebank's future requirements in relation to different types of user ofthe bank's solutions and services."This contract provides continuing support for EDB's position as theleading Nordic vendor of IT solutions and services for the bankingand finance sector. I look forward to the further development of ourstrategic collaboration with Sparebanken Vest on the development ofthe solutions of the future for both retail and corporate customersin the banking and finance market", comments Wiljar Nesse.Any enquires may be addressed to:Wiljar Nesse, Executive Vice President - Bank & Finance, EDB: +47 93448 116Jan Erik Kjerpeseth, Deputy Managing Director, Sparebanken Vest. Tel:+47 951 98 430Geir Remman, EVP, Corporate Communications, EDB. Tel: +47 970 55 017Sparebanken VestSparebanken Vest is the third largest savings bank in Norway, withtotal assets of NOK 95 billion. The bank's principal market is thearea represented by Hordaland, Rogaland and Sogn og Fjordane, and thebank's head office is in Bergen. The bank has 250,000 customers, 63sales offices and 826 employees. Sparebanken Vest owns EiendomsmeglerVest AS and AS Filialbygg. Together with 14 other savings banks,Sparebanken Vest was responsible for establishing FrendeSkadeforsikring, Frende Livsforsikring and Norne Securities.www.spv.noAbout EDBEDB Business Partner is one of the leading IT groups in the Nordicregion. The company offers solutions for the full range ofbusiness-critical IT services. EDB aims to be a close and attentivepartner that leverages its deep industry knowledge and internationalcapabilities to help its customers realise the full potential of IT.The company has local presence in 13 countries, 6,000 employees andannual turnover of around NOK 7.5 billion. EDB Business Partner islisted on the Oslo Stock Exchange.www.edb.comThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 26.11.2009 - 08:00 Uhr
Sprache: Deutsch
News-ID 8863
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