The Channel logo

News

By | Mark Ballard 19th April 2007 14:14

FSA lumps £81m appendage on Fujitsu

52 staff outsourced

The Financial Services Authority (FSA) has got rid of about a quarter of its IT department by outsourcing it to Fujitsu and Xansa.

The firm will be giving 41 staff to Fujitsu and paying them £80.8m over 10 years to do infrastructure management. Xansa will be taking on 11 staff and getting £5.1m to do application development and support.

Fujitsu pitched it as a "transformational change" project.

FSA IT director Darryl Salmons told Computer Weekly he'd got rid of the "commodity" bits and kept the "strategic" stuff.

The department had previously been criticised by outsourcing advisor Orbys.

One hundred and four permanent staff and 100 contractors will be unaffected by the change. ®

alert Send corrections

Opinion

Baby looks taken aback/shocked/affronted. Photo by Shutterstock

Kat Hall

Plans for 2 million FTTP connections in next four years 'not enough'
Microsoft CEO Satya Nadella
Stranded_ships

Chris Mellor

Thousands of layoffs announced as spinning rust enters its death spiral

Features

STRASBOURG, JUNE 29, 2016: The seat of the European Parliament. by Marco Aprile for shutterstock. EDITORIAL USE ONLY
Plan b, image via Shutterstock
EU workers, new markets: post-Brexit pressure on May & Co
Tough question, pic via Shutterstock
Honest mistake with your licensing? Audit police look at it on a 'case by case basis'