HP has signed a six-year applications management outsourcing deal with MLP, Germany-based independent financial services and wealth management consulting company.
MLP also extended its existing infrastructure technology agreement for management of three data centres, network devices, distributed servers, Lotus Notes messaging and end-user PCs to 2015.
Under the new applications management contract, HP will manage applications that support sales, customer service and the design of new products. These include MLP’s SAP applications and the customer relationship management that is part of its broker platform, and its business intelligence, document management and custom Java applications.
In addition, HP will be responsible for the complete life cycle management of the applications, from development to implementation, including operations.
HP claims that the agreement reduces MLP’s financial risk by offering pay-per-use pricing. It will also help MLP to reduce costs by standardising technology processes and leveraging a global delivery model.
Klaus Strumberger, chief information officer of MLP, said: “With the new contract, we are able to focus our IT assignments close to the core of our businesses. Thanks to the modularity and flexible pricing of these services, we will be able to reduce risk while improving our ability to adapt to changing business needs.”