Deals

CSC Signs 10-year Contract Extension with Swiss Re
CSC has arrived at a 10-year extension to its business process outsourcing (BPO) services agreement with Swiss Re, one of the world’s largest and most diversified reinsurers.
http://www.csc.com/newsroom/press_releases/51685-csc_signs_10_year_contract_extension_with_swiss_re

MERS Awards Seven-Year Mortgage Services Contract to Genpact
Genpact Limited (NYSE: G) will provide mortgage services support and member-facing helpdesk services for MERSCORP, Inc. (MERS), the mortgage finance industry’s electronic loan registry system.
http://www.genpact.com/home/aboutgenpact/press-releases/genpact-MERS-contract.aspx

Wipro Signs Outsourcing Services Agreement with Citibank N.A. and takes over Citi’s Data Center in Meerbusch, Germany
Wipro Technologies, the global IT services business of Wipro Limited (NYSE:WIT) and Citibank have signed an agreement for Wipro to take over the operation and management of Citi’s data center in Meerbusch Germany.
http://www.wipro.com/corporate/media/newsdetail.aspx?id=1654

TCS Wins PwC's Contract to Handle IT Support System
The US and UK arms of PricewaterhouseCoopers (PwC) have awarded a contract for back-office information technology (IT) support to Tata Consultancy Services (TCS).
http://www.globalservicesmedia.com/News/Home/TCS-Wins-PwC's-Contract-to-Handle-IT-Support-System/21/27/0/GS10080588640

Capgemini awarded a five-year application management services contract with The Main Street America Group
Capgemini has been awarded a five-year application management services contract with super regional property-casualty insurance carrier, The Main Street America Group. Capgemini will provide a service-based application management solution for Guidewire ClaimCenter®, which aims to increase clients’ operational efficiency, predictability and scalability for new application developments.
http://www.benzinga.com/press-releases/10/08/b421535/the-main-street-america-group-selects-capgemini-to-provide-application-

Accenture Awarded Contract to Support University of North Texas’ Shared Services Strategy for Information Technology and Human Resources
The University of North Texas System (UNTS) has selected Accenture (NYSE: ACN) to assist in developing a plan for implementing IT and HR/payroll shared services for its component institutions.
http://newsroom.accenture.com/article_display.cfm?article_id=5046

Subex, IBM bag Idea Cellular deal
Subex Ltd, provider of operations and business support systems for communications service providers, has bagged a multi-million dollar deal from Idea Cellular, along with key partner IBM India. Subex and IBM will implement Subex's ROC (Revenue Operations Centre) for interconnect billing for the telecom major.
http://www.thehindubusinessline.com/2010/08/14/stories/2010081451440700.htm

M&A, Partnerships, JV

JDA Software and Tata Consultancy Services Announce Global Alliance
JDA® Software Group, Inc. (NASDAQ: JDAS), The Supply Chain Company®, and Tata Consultancy Services (TCS), today announced a global alliance designed to help customers drive high performance within their organizations through the delivery of world-class solutions and services.
http://www.jda.com/company/press-release-details.html?id=1968&src=rss-press&utm_source=jdarss&utm_medium=rssfeeds&utm_campaign=rss_press

HCL Technologies Collaborates with Daon to Provide Comprehensive Identity Assurance Solutions
HCL Technologies Ltd. (HCL) has reached a strategic partnership with Daon, a leading provider of biometric identity assurance software, to help aviation, transportation, government and public sector clients solve their identity program challenges through innovative biometric technology solutions.
http://www.hcltech.com/media/press-releases/2010/08/10/

IBM to Acquire Unica Corporation
IBM  and Unica Corporation (NASDAQ: UNCA) have entered into a definitive agreement for IBM to acquire Unica at a net price of approximately $480 million, after adjusting for cash. A publicly held company in Waltham, Mass., Unica will expand IBM's ability to help organizations analyze and predict customer preferences and develop more targeted marketing campaigns.
http://www-03.ibm.com/press/us/en/pressrelease/32309.wss

News & Events

Mekong Housing Bank (MHB) Vietnam goes live with Polaris’ IntellectTM Global
Polaris Software, a leading Financial Technology company, today announced that Mekong Housing Bank (MHB),
Vietnam’s 5th largest State owned bank has gone live on Polaris’ IntellectTM Global Universal Banking (GUB).
http://www.polaris.co.in/media/media-release/2010-aug-mekong-goes-live-with-igub.pdf

Awards

Cognizant Tops EquaTerra’s Performance and Satisfaction Rankings in Europe
Cognizant has topped the client satisfaction rankings in the 2009-10 Europe ITO Service Provider Performance and Satisfaction (SPPS) study carried out by EquaTerra.
http://www.infosys.com/newsroom/press-releases/Pages/breakthrough-award-2009-bpo.aspx

Analyst/Reports

The 2010 Global Services 100 List: 100 Companies That Define Global Outsourcing
Global Services 100 is a list of the top global providers of business and technology outsourcing services. Leading service providers are evaluated based on criteria including service offerings, management excellence, delivery capabilities, financial and geographic scale and client relationships.
http://www.globalservicesmedia.com/GS100/2010-GS100-List/The-2010-GS100-List:-100-Companies-That-Define-Global-Outsourcing/26/57/9917/GS100806828646

Inquiry Spotlight: Sourcing Execution, Q1 And Q2 2010
This report highlights what your sourcing and vendor management (SVM) peers are asking about in sourcing execution and offers Forrester's view on the answers.
http://www.forrester.com/rb/Research/inquiry_spotlight_sourcing_execution%2C_q1_and_q2/q/id/57373/t/2?src=Alert%20RSS_CustomFeed&cm_mmc=Research_Alert-_-email-_-08_14_10-_-57373