The Financial Services Authority (FSA) has signed an eight-year outsourcing deal with Fujitsu Services worth 80 million, with the aim of significantly reducing costs as well as helping to achieve its aim of delivering IT service excellence by September next year.
The partnership will focus on two core aims, the first being to modernise the existing IT infrastructure and revitalise and add to the range of services available to end users.
Secondly, Fujitsu will be responsible for managing this new IT estate in addition to looking after systems integration for all of the FSA's major application development projects.
"We have had a positive journey getting to this point and are confident in our belief that Fujitsu is the right partner to take us forward into the future. Not just from a technological perspective but from a true business benefit perspective as well," said Darryl Salmons, IT director for the FSA.
The first year of the deal will see Fujitsu working on the modernisation of FSA's telecommunications infrastructure by upgrading from an analogue system to a managed voice over IP (VoIP) system, in addition to a desktop refresh spanning 3,000 employees.
Another key aim for the FSA is to make its infrastructure more flexible so that staff can work securely from any location.
Under the terms of the 5.1 million deal, Xansa will develop and manage the financial body's core IT applications for a three-year period.
"The decision to outsource this work to Xansa is a key step to help us progress the transformation of our Information Services (IS) Division," added Salmons.
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