LV=, an investment and insurance group, has selected Atos Origin, a provider of IT services, to manage the group’s mainframe and midrange infrastructure with effect from the end of March 2008.
The move comes as part of a wider review of the group’s IT capabilities that will bring overall control and governance of IT services back in-house and see the appointment of strategic third party suppliers to deliver ‘build and operate’ services.
Liverpool Victoria (LV=) is upgrading and restructuring its IT services to support the growth and wider transformation of its business through new products, customer channels and acquisitions such as the launch of its newly acquired flexible retirement solutions business, announced earlier in January 2008.
Atos Origin will support legacy systems for LV= life and general insurance business, taking over management of their mainframe and midrange infrastructure, as well as the support and development of a number of key business applications. This will enable LV= to focus on its IT transformation program and development of a suite of strategic support systems while realizing considerable operational savings in relation to legacy systems.
Richard Rowney, COO of LV= group, said: LV= is undergoing an exciting transformation and we are changing our IT capabilities to support and take this forward. We are pleased to announce this strategic partnership with Atos Origin and are confident it will provide the certainty, support and savings we need in the next stage of our corporate development.