Alexander Forbes and Dimension Data, the leading South African players in Financial Services and Information Technology respectively, have reached agreement in principle to enter into an I.T. partnership.
As part of this arrangement, Dimension Data will manage the technology infrastructure and application development requirements of Alexander Forbes in South Africa for an initial five-year period.
"This is an important step for Alexander Forbes," says Graeme Kerrigan, Group Chief Executive Officer of Alexander Forbes. "The partnership ensures the application of world class best practices in technology to our business. It also provides the opportunity to identify and develop further synergies arising within our international businesses."
Dimension Data Executive Chairman Jeremy Ord adds: "It is highly rewarding for Dimension Data to partner with another rapidly globalising South African company that is also a leader in its field. As a true partnership this relationship adds significant value to both parties and further validates Dimension Data`s combined network services and i-Commerce business model.
"The partnership is being executed through our TeamSource GSOA based service which ties together the Groups total capability into a unique solution crafted for each client," he says.
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