Thursday, February 5, 2009

NAB drops Satyam from IT roster

update NATIONAL Australia Bank looks set to cut ties with Satyam Computer Services, with bank executives today deciding to cancel the second phase of a massive outsourcing project contracted to the troubled IT services firm.

NAB technology services general manager Craig Bright said the bank would be exposed to too much risk if it continued with the second wave of its IT outsourcing (ITO) strategy, which was given the green light last November. more

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