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Financial Services - Sector spotlight

Successful deal completion as Standard Life signs £30 million outsourcing deal with BT

Dundas & Wilson advised Standard Life in the negotiation and conclusion of a £30 million outsourcing deal with BT which will save the company a "significant amount" according to Mike Mann, Head of Technology Strategy and Planning at Standard Life.  The five year contract will update the company's communication infrastructure by facilitating the use of revolutionary technology.

The scope of the deal is far-ranging, with Standard Life set to benefit from an integrated voice and data platform across its worldwide operations.  The agreed services will not only be provided to Standard Life's UK offices, but to its centres in the US, Asia, Europe and Australia as well.

The Dundas & Wilson team - which included Allan Wardhaugh, Cynthia Johnson, Douglas Mathie, Jen Condie - provided our trade mark expert and commercial advice within short timescales to bring the deal to a successful completion.

More detailed press coverage of the deal can be found here.

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