KAZ nabs multi-million infrastructure deal with Laiki Bank Australia

KAZ Computer Services has added to its stable of local outsourcing deals built up in recent months, today signing a three-year contract with retail bank Laiki Bank Australia to manage its IT infrastructure.

KAZ will manage the Cyprus-originated Laiki Bank's IT facilities, specifically its AS/400, NT and Lotus Notes systems housed in one of its regional data centres.

The services company will also host Laiki's core banking software application Fiserv International Core Banking Software (ICBS).

Other services KAZ will provide include ATM network support for the bank's LAN, Notes and WAN infrastructure, KAZ officials said.

Laiki Bank's international sites in Cyprus, Greece, Russia, South Africa and Hong Kong (which form the Laiki Group) will use KAZ's support desk service, officials said.

Laiki Bank chief operating officer Stella Doumanis said in a statement that KAZ would provide the bank with a sound infrastructure platform, and therefore support the company's initial retail banking push in Sydney, Melbourne and Adelaide.

KAZ is sitting pretty on a group of Australian outsourcing deals signed this year. Some of these include an IBM systems management contract with Heinz Wattie's Australasia in March, a project mangement services deal with satellite communications company Station 12 BV (a Telstra and Royal Dutch Telecom (KPN) joint venture) in February, a $15 million cheque processing deal with ANZ Bank in March, and a $1.5 million IBM hardware installation contract with rural sector marketing house Elders yesterday.

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More about ANZ Banking GroupFiservIBM AustraliaKAZ Computer ServicesKPNLaiki Bank (Australia)Telstra Corporation

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