SGX, HCL ink outsourcing deal

The Singapore Exchange (SGX) has signed a five-year IT infrastructure outsourcing deal with a global IT services company HCL Technologies, states Finextra.

The deal will see HCL provide infrastructure support and management services, covering the $260 million Reach project, a trading engine, established in a data centre offering co-location facilities and connecting trading communities in global financial hubs to Singapore.

Bob Caisley, EVP, CIO at SGX, says: "HCL is an important partner for SGX in enabling the Reach initiative to provide customers with the fastest access to Asia, and in enhancing the efficiency and effectiveness of our operations on a daily basis."

Wipro Technologies, an IT services company, has partnered with Microsoft to provide global legal process outsourcing services for the software giant's intellectual property portfolio, reports The Economic Times.

According to the agreement, Wipro's business processing outsourcing division will provide global legal process outsourcing (LPO) services.

Wipro has developed the LPO framework, tools, trainings, controls and metrics required to drive high productivity and reduced costs for Microsoft.

The General Services Administration (GSA) is looking to move its e-mail system into the cloud, writes Federal News Radio.

Casey Coleman, GSA CIO says: "The federal government believes that traditional outsourcing and system integration support is insufficiently adaptive and costly and the time is right to seek on-demand commodity services with a software-as-a-service cloud computing offering."

The GSA expects a 66% savings in moving to a cloud-based outsourced e-mail service, having previously consolidated 12 systems and moved around 80 000 users into cloud services.