IT services company Atos has signed a three-year framework agreement with Shell to provide both IT and non IT services that support the group’s business activities in the Netherlands. As preferred supplier, Atos now provides experts in IT, accounting and finance, contracting and procurement, human resources (HR), customer services and communication and marketing.
The agreement follows Shell’s decision to reduce its number of IT and non IT service providers from 18 to six, which enables the group to realise substantial savings on management costs. The status of preferred supplier for IT and non IT services allows Atos to enhance its visibility within the Shell organization and to further reinforce its market position for IT and non IT services in the oil and gas industry.
“In the past few years Atos made every effort to be an excellent IT partner for Shell. This contract shows that we have succeeded. Both Shell and Atos are satisfied with the cooperation. We are delighted with this contract and will do whatever we can to further develop our partnership with Shell,” said Rob Pols, chief executive officer (CEO) of Atos.
Data from Swift’s latest RMB tracker shows exceptional growth in RMB adoption in the United Arab Emirates (UAE), witnessing a 210.8% growth in payments value of the currency since August 2014, albeit from a low base.
Sentiment in the financial services sector deteriorated in the three months to September, as firms digested the challenges of lower interest rates and the uncertainty caused by the vote to leave the European Union (EU), according to the latest CBI/PwC Financial Services Survey.
However, a London summit on the industry’s introduction of the technology cautions that testing and acceptance are still at an early stage and firms should proceed with caution.
The proposals of both US presidential candidates could shake up operating conditions in several sectors, reports the credit ratings agency.