HP chooses American Express for financial services

HP chooses American Express for financial services blank_page

American Express has gained a new client. This time it is EDS, an HP company, delivering a broad portfolio of information technology, applications and business process outsourcing services to clients in the manufacturing, financial services, healthcare, communications, energy, transportation, and consumer and retail industries, and to governments around the world. 

The negotiations were started long before and initial implementation of the infrastructure services agreement was signed in December. Under the terms of the agreement EDS is to manage the American Express end-user desktop computing environment and its global voice and data networks. Also it was agreed that EDS will provide on-site services for about 60,000 employees in more than 130 countries around the world.

"Our goal is to drive American Express' growth, innovation and customer service using secure technology that enables a more productive, efficient and collaborative workplace. Our partnership with EDS will enable us to do this while continuing to decrease operating costs," said Matthew Robinson, chief technology officer, American Express.

Contract term is 5 years.

Comments

For clarification...

HP/EDS has gained a new client - American Express.

While American Express may have an agreement for financial services with EDS, this announcement is entirely about EDS providing IT services to American Express.

The write-up does not make that entirely clear.