Business solutions firm CMG Admiral has won a £1m contract with
Friends Provident to ease the shortage of skilled staff in its IT
Admiral is set to provide Friends with business support in areas including
its recent demutualisation and development of its stakeholder range.
Friends says it does not have the internal IT resources to cope in these
areas by itself.
Admiral, part of information and communications technology services group
CMG, will also work on a project to reduce the life office's back-office
costs in a bid to help it deliver sub-1 per cent products across the board.
The IT specialist won the contract after a lengthy selection process
involving 14 rival companies. It will take over software development from
Friends' in-house team of over 200 developers.
Friends IT service centre manager David Cooke says: “Due to the skills
shortage, we have experienced difficulties in recruiting appropriately
skilled analysis and development staff for the IT department. In CMG, we
feel we have found an IT partner company that listens and understands the
issues that face us.”