Investment and insurance mutual LV=, the new brand name for Liverpool Victoria Friendly Society, has appointed Atos Origin to manage its mainframe and midrange infrastructure from April onwards.
The move forms part of a wider review of the group’s IT capabilities that will bring overall control and governance of IT services back in-house and see the appointment of strategic third party suppliers to deliver “build and operate” services.
LV= is upgrading and restructuring its IT services to support the growth and wider transformation of its business through new products, customer channels and acquisitions.
Under the deal, Atos Origin will support legacy systems for LV= life and general insurance business, taking over management of their mainframe and midrange infrastructure, as well as the support and development of a number of key business applications.
Transferring the management of legacy systems to Atos will enable LV= to “focus on its IT transformation programme and development of a suite of strategic support systems while realising considerable operational savings in relation to legacy systems,” the group said.
Jonathan Barber, LV=’s group IT director, said the group was establishing a new ‘design, build, operate and govern’ IT capability with core in-house teams focusing on design and governance. He said the mutual would be sourcing IT build and operate services from ‘best of breed’ internal and external suppliers “as best meets the needs of the business.”