Fujitsu in the frame for massive Lloyds TSB deal

Up against IBM

Broken CD with wrench

Lloyds TSB, the retail bank, is set to award a multi-million pound IT systems contract to Fujitsu Services, according to Computer Weekly.

The magazine reports that IBM was also bidding for the work. In December last year, IBM won a £500m contract to provide Lloyds TSB's network and VoIP services for the next seven years.

The bank confirmed that it is in negotiations with Fujitsu, but stressed that no contracts have been awarded as yet. "Lloyds TSB can confirm that it is in negotiation with Fujitsu for the provision of IT support for its distributed computing environment. No contracts have been signed and discussions between Fujitsu and Lloyds TSB are continuing.

"The bank regularly reviews its business and operations to ensure efficiency. We have recently reviewed our Distributed Computing Environment (DCE)." ®

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