Friday, December 30, 2005

ACS Signs IT Outsourcing Contract With Drive Time

It is in news that "Affiliated Computer Services, Inc.”, a premier provider of business process offshore outsourcing and information technology solutions, has announced today that it has been awarded an information technology (IT) outsourcing contract with Drive Time Sales and Finance Corporation, a Drive Time company, who with DT Acceptance Corporation (together, DT) is the nation's largest used automotive sales and financing company for people with credit issues. The five-year contract is valued at $4.8 million.

Buck Consultants will provide actuarial, administrative, and consulting services for all of Genlyte’s U.S. pension and post-retirement medical and life plans. These plans cover more than 4,000 participants. Services range from financial management of the plans to day-to-day benefits administration.

Under the terms of the contract, ACS will be an application service provider for DT, installing and supporting new loan servicing and collection technology. ACS will also convert DT to a new loan accounting system.
For more information read here.

The article is sponsored by A-1 Technology Inc, dealing in offshore outsourcing and offshore software development.