by CIO UK Staff

RSA Scandinavian arm signs Patni deal

Aug 30, 2010
Financial Services IndustryIT StrategyMobile

Codan Group, the Scandinavian arm of British insurance giant RSA has signed a managed services contract with Patni Computer Systems.

Coban Group is one the largest insurance suppliers in Scandinavia, providing commercial and personal insurance services in Denmark, Sweden and Norway as well as a commercial marine operation in Finland,

CIO of Coban Frank Andersen has signed a three year application management contract with Patni Computer Systems. In a statement Andersen said he chose Patni because; “The team were very open to listening to our specific concerns…In particular, we appreciated the involvement of senior executives in our negotiations.”

Patni won the contract after five companies bid for the contract in September 2009. In March 2010 Andersen has narrowed the shortlist down to three before selecting Patni in June.

In 2009 RSA CIO James de Watteville told CIO UKhow the organisation has grown rapidly through M&A activity. RSA is a major outsourcing user with contracts at Accenture and IBM.