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BT scoops £140m Bradford & Bingley deal
Mortgage provider thinks long-term
By Tony Hallett
Published: Monday 10 February 2003
Bradford & Bingley has awarded BT a 10-year, £140m outsourcing contract, covering a wide range of technologies and business services.
Over 550 Bradford & Bingley (B&B) sites will be connected across the UK via local and wide area networks, with a focus on collaboration tools, hosting and security.
The bank has opted for Lotus Notes-based email managed and hosted by the telco, which is a major partner of Microsoft, a competing provider of groupware.
Other key parts of the deal include disaster recovery services, security - encompassing firewall management, intrusion detection and virus scanning - remote connectivity for over 1,000 independent financial advisors, and web hosting for online financial services.
B&B has had an outsourcing relationship with BT since 1998 and said the larger contract is helping it reduce its supplier base and receive better service.
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