CSC Signs Three-year Application Modernization Contract with the Crédit du Nord Group
News Release -- July 29, 2016
PARIS, July, 29, 2016 – CSC (NYSE: CSC), a global leader in next-generation IT services and solutions, today announced that it has signed an agreement with the Crédit du Nord group, a French retail banking network, within the framework of their project to modernize part of the company’s information technology application portfolio.
The goal of this strategic program is to migrate and modernize approximately 100 Pascal-based applications to next generation technology, which meet market standards through 2018, while minimizing impact for all Crédit du Nord Group employees, who will gain new, more ergonomic and more intuitive applications.
Under the agreement, CSC will bring its expertise in applications modernization, running complex programs and application testing, and will help the Crédit du Nord Group implement the solution. The operational structure will combine capabilities offered by CSC’s Asturias delivery center and Sodifrance, especially in supporting program migration equipment.
“We are delighted to assist the Crédit du Nord Group with this major project to overhaul its IT system,” said Fathy Trabelsi, general manager, banking and capital markets, CSC South & West Europe. “Our expertise allows us to assist our clients throughout the lifecycle of their project and to support them succeed with their transformation.”
“We trust CSC to help us make a success of this project, which is so important for the Crédit du Nord Group,” said Yves Blavet, resources director at the Crédit du Nord Group.
CSC (NYSE: CSC) leads clients on their digital transformation journeys. The company provides innovative next-generation technology services and solutions that leverage deep industry expertise, global scale, technology independence and an extensive partner community. CSC serves leading commercial and international public sector organizations throughout the world. CSC is a Fortune 500 company and ranked among the best corporate citizens. For more information, visit the company's website at www.csc.com.
ABOUT CREDIT DU NORD
The Crédit du Nord Group is comprised of eight regional banks – Courtois, Kolb, Laydernier, Nuger, Rhône-Alpes, Société Marseillaise de Crédit, Tarneaud and Crédit du Nord – and an investment services provider, the Brokerage, Gilbert Dupont.
With almost 9,000 employees and a network of 899 branches, the Crédit du Nord Group serves more than 2 million private customers, 274,000 professional customers and organisations and 54,000 companies and institutional customers.
The various entities of the Crédit du Nord Group enjoy significant autonomy in the management of their affairs, which can be seen, most notably, in the efficient decision-making processes and timely responses to customers’ requests.
The strategy of the banks within the Group is based on three key components:
- to be a benchmark player as regards the quality of customer service;
- to develop a high level of individual and collective professionalism;
- to provide customers with the most advanced services and technologies.