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Building on a partnership to deliver business benefits beyond cost reduction.
Co-operative Financial Services (CFS) have recently extended and expanded their IT outsourcing relationship with Xansa. Supporting the Co-operative Bank's applications since 1994, Xansa will now work with CFS to create a unified Application Development and Support (ADS) service across the whole of CFS, encompassing the Insurance side of the business in addition to the current banking relationship.
CFS currently faces the twin challenges of a highly competitive marketplace and an increasing regulatory environment. By creating the unified ADS service we will enable CFS to respond to the regulatory pressures in a cost effective, timely manner. In addition, our technology-enabled business services will allow CFS to expand and enhance its product lines, improving speed to market and thereby respond quickly to competitive challenges.
We want to provide even better service to our customers
Gerry Pennell, CIO, Co-operative Financial Services and Co-operative Group