Business and Finance Business and Finance
Wed, May 13, 2009
Tue, May 12, 2009
Mon, May 11, 2009
Fri, May 8, 2009
Thu, May 7, 2009
Wed, May 6, 2009
Fri, May 1, 2009
Thu, April 16, 2009
Wed, April 15, 2009
Tue, April 14, 2009
Mon, April 13, 2009
Fri, April 10, 2009
Thu, April 9, 2009
Wed, April 8, 2009
Tue, April 7, 2009
Mon, April 6, 2009
Sun, April 5, 2009
Fri, April 3, 2009
Thu, April 2, 2009
Wed, April 1, 2009
Tue, March 31, 2009
Mon, March 30, 2009
Sun, March 29, 2009
Fri, March 27, 2009
Thu, March 26, 2009
Wed, March 25, 2009
Tue, March 24, 2009

IBM: IBM Awarded Seven-Year Services Contract by Sun Life Financial


//business-finance.news-articles.net/content/200 .. ear-services-contract-by-sun-life-financial.html
Published in Business and Finance on Thursday, April 9th 2009 at 7:45 GMT, Last Modified on 2009-04-09 07:46:24 by Market Wire   Print publication without navigation


TORONTO--(Marketwire - April 9, 2009) - IBM (NYSE: [ IBM ]) today announced a seven-year agreement to manage select infrastructure and operational services in addition to the existing mainframe services for Sun Life Financial (TSX: [ SLF ]) (NYSE: [ SLF ]) in Canada and the U.S. This transaction is valued at more than CDN$300 million over the seven-year term.

"IBM is focused on utilizing its people and business processes in support of Sun Life Financial's global growth strategy," said Saad Toma, general manager, Global Technology Services, IBM Canada. "Building on our strong historical delivery performance, our relationship is being extended further to provide new highly integrated, cost-effective and intelligent solutions to support Sun Life business goals."

This new agreement signed in March 2009 extends and expands upon a contract signed in 2002.

About IBM

For more information on IBM, visit [ www.ibm.com/services ]

About Sun Life Financial

Sun Life Financial is a leading international financial services organization providing a diverse range of protection and wealth accumulation products and services to individuals and corporate customers. Chartered in 1865, Sun Life Financial and its partners today have operations in key markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China and Bermuda. As of December 31, 2008, the Sun Life Financial group of companies had total assets under management of $381 billion. For more information please visit [ www.sunlife.com ].

Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and Philippine (PSE) stock exchanges under ticker symbol SLF.


Publication Contributing Sources