Funds manager outsources to HP

Hewlett-Packard (HP) has signed a five-year IT outsourcing contract with Melbourne-based superannuation provider Jacques Martin Industry Funds Administration (JMIFA) Super Partners, providing a complete range of technology infrastructure services.

Under the deal HP will supply JMIFA and its fund clients with a data centre, networks and communications and desktop services.

HP won the tender against stiff competition from six other large vendors including EDS.

JMIFA's technology and innovation manager, Diana Brown would not disclose the value of the contract but said it was "more than $10 million".

"We wanted a tier-one provider who was best in the Australian market as opposed to the global market," she said.

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