CSC Signs Seven-Year IT Services Agreement With CACEIS

EL SEGUNDO, Calif.– Computer Sciences Corporation (NYSE: CSC) today announced that it has signed a seven-year information technology (IT) services contract with CACEIS, one of Europe’s leading financial services providers. CACEIS clients include institutional investors, asset management companies and large corporations.

Under the terms of the agreement, CSC will consolidate and transform CACEIS’ IT production infrastructures in Europe through the establishment of a standard operating environment. CSC will provide IT management and support services for all mainframe and midrange operations.

“CSC demonstrated to us that they could meet our changing IT and business requirements,” said Michel Bois, managing director of CACEIS. “Working with CSC will help us support our rapidly growing business with an improved service quality, while significantly reducing our IT costs.”

“CSC’s proven experience in the financial services market and our ability to meet our customers’ changing needs are solid foundations for our future collaboration with CACEIS,” said Guy Hains, president of CSC’s European Group. “We look forward to helping CACEIS improve their operational and financial performances and achieve desired results.”