Accenture confirmed it has signed a seven-year, multi-million dollar outsourcing contract with Van Lanschot Bankiers, the oldest independent bank in the Netherlands, to develop and maintain the bank’s overall core banking applications, including credit services, asset and risk management.

Hervé Auchère, a senior executive in Accenture’s Financial Services group commented, “By outsourcing its application maintenance and development to Accenture, Van Lanschot Bankiers will be able to create a simpler and more agile IT function which will help the bank deliver business value and achieve high performance.”

This contract is part of an IT transformation project that the bank launched under its business transformation program, which seeks to grow its business through enhanced operational efficiency and improved customer service.

Accenture will provide development, implementation and ongoing maintenance services for Van Lanschot Bankiers’ new and existing applications, including customer relationship management, internet, management information systems and back-office applications. The services will be provided through Accenture’s Global Delivery Network, which includes more than 50 delivery centres across five continents.