TORONTO, April 2 /CNW/ - Accenture (NYSE: ACN) has signed a master
services agreement with Sun Life Assurance Company of Canada, a member of the
Sun Life Financial group of companies. This arrangement establishes Accenture
as a preferred vendor for the provision of application development and
maintenance services to Sun Life Financial.
Outsourcing application development and maintenance projects is part of
Sun Life Financial's program to consolidate its emerging markets presence and
further integrate its business strategy and operations worldwide. By
outsourcing some of these services, Sun Life Financial aims to decrease time
to market and improve global efficiency and performance.
"Accenture brings complementary skills to our in-house application
development function, as well as extensive knowledge and experience in the
Asian market," said Virginia Woodhouse, vice-president of Enterprise
Application Services at Sun Life Financial.
"Through this agreement, Accenture will support Sun Life Financial in
pursuing new levels of business efficiency, including reduced costs and access
to a global workforce," said Sanjay Tugnait, executive director in Accenture's
Financial Services operating group. "We can help Sun Life Financial maximize
their return on IT investments through greater application standardization."
Accenture delivers application outsourcing services through its Global
Delivery Network, which comprises more than 53,000 professionals in 44
delivery centers across 29 cities on five continents, as well as numerous
other Accenture client locations around the world.
Sun Life Financial is an international financial services organization
providing a diverse range of protection and wealth accumulation products to
individuals and corporate customers.
Accenture is a global management consulting, technology services and
outsourcing company. Committed to delivering innovation, Accenture
collaborates with its clients to help them become high-performance businesses
and governments. With deep industry and business process expertise, broad
global resources and a proven track record, Accenture can mobilize the right
people, skills and technologies to help clients improve their performance.
With more than 152,000 people in 49 countries, the company generated net
revenues of US$16.65 billion for the fiscal year ended Aug. 31, 2006. Its home
page is www.accenture.com.
For further information:
For further information: Susan Jantzi, Sun Life Financial, (519)
888-3160, Susan.email@example.com; Sarah Thompson, Accenture, (416) 641-4416,