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May 01, 2006

Pearl signs a 12-year outsourcing deal worth £486m

Pearl, the Life Assurance firm, has signed a 12 year contract with Diligenta, a subsidiary of Tata Consultancy Services to outsource back office operations. The objective is to have a single interface across functions to enable better cost control and improve business efficiency. VNUNet.com reports:

The main aim of the contract is to consolidate Pearl's current 11 finance and admin systems into a single platform to streamline the way it deals with the costs of its business.

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