Published: 08 May 2001
Analyst(s): Susan Cournoyer, Pete Redshaw, Robert H. Brown
On 26 April, Prudential Assurance signed an IT outsourcing agreement with Cap Gemini Ernst & Young (CGE&Y) valued at US$81 million over 5 years. CGE&Y's management of Prudential's U.K. data center at Theale near Reading commenced days later, on 30 April. The scope of the contract covers facilities management of the data center, including midrange and mainframe operations and technical support services. In addition, 90 Prudential staff will transfer employment to CGE&Y under the provisions of the Transfer of Undertakings, Protection of Employment Act (TUPE).
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