BT signs IT services deal with Nationwide Building Society on 100 Mortgages

UK telecom company BT has signed a new deal with Nationwide Building Society to manage its networked IT services, in a seven-year deal worth £160 million.

The new business-aligned outsourcing service deal will see Nationwide Building Society have all their voice and data networking infrastructure transferred to third-party network contracts, they will basically in-scope staff to BT.

This new deal will mean that BT will have to deliver a transformation programme, the telecom giant will have to consolidate Nationwide’s multiple networks on to their 21CN Global network, this type of system not only supports voice but also data as well on a single converged platform.

This £160 million deal will see BT bringing to the table a commercial model, which will help to provide Nationwide with cost predictability, this will be placed on industry-best practice and a framework of service level agreements, or SLAs as some people know them, this will be at an overall total cost of ownership.

Nationwide has had to go ahead with this deal with BT as they have seen growth in recent years, this means that their IT infrastructure has had to evolve at a very fast rate just to keep up with demand.

The building society feels that BT will be able to fulfil their requirements.

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