PracticeConsultingEDS wins £200m contract at Barclays

EDS wins £200m contract at Barclays

EDS, the IT services giant under fire for its role in the tax credits fiasco at the Inland Revenue, has secured a $350m (£211m) deal to provide desktop support to Barclays Bank.

Link EDS faces tax credit penalties

The seven year deal will see 77 Barclays IT staff transfer to the services giant, as the Barclays Group looks to standardise its desktops in time for its move to new headquarters. EDS takes over 41,700 desktops across the Barclay Group with immediate effect.

The company recently decided not to go through with a proposed £100m-a-year deal with IBM Global Services, deciding to keep the work in-house instead.

It no longer intends to outsource its entire ‘Enable’ IT division, said Toby Broome, chief operating officer, Barclays.

‘It makes sense [to outsource] on some occasions,’ he said, ‘but outsourcing is not a end in itself. We don’t have a goal to outsource but will consider it when it fits our needs.’

Barclays will move to new offices in London’s Canary Wharf in late 2004.

Related Articles

5 tips for SMEs to protect cash flow

Accounting Software 5 tips for SMEs to protect cash flow

5m Alia Shoaib, Reporter
Tyrie on Finance Bill 2017: ‘Making Tax Policy Better’

Consulting Tyrie on Finance Bill 2017: ‘Making Tax Policy Better’

11m Stephanie Wix, Writer
Managing partner Q&A - the year ahead: Richard Toone, CVR Global

Accounting Firms Managing partner Q&A - the year ahead: Richard Toone, CVR Global

12m Kevin Reed, Writer
Deloitte 'self-imposes exile' on government contracts to defuse PM row

Accounting Firms Deloitte 'self-imposes exile' on government contracts to defuse PM row

12m Kevin Reed, Writer
Managing partner Q&A - the year ahead: Julie Adams, Menzies

Accounting Firms Managing partner Q&A - the year ahead: Julie Adams, Menzies

12m Kevin Reed, Writer
Friday Afternoon Live: Deloitte's tech thing; PAC wants HMRC 'contingencies'; and Sports Direct

Business Regulation Friday Afternoon Live: Deloitte's tech thing; PAC wants HMRC 'contingencies'; and Sports Direct

1y Kevin Reed, Writer
Friday Afternoon Live: HMRC complaints rise; Deloitte scoops big audits; and corporate reporting woes

Audit Friday Afternoon Live: HMRC complaints rise; Deloitte scoops big audits; and corporate reporting woes

1y Kevin Reed, Writer
New head of equity capital markets for KPMG

Accounting Firms New head of equity capital markets for KPMG

1y Stephanie Wix, Writer