Malaysian bank outsources cheque clearing services to Unisys - Malayan Banking Berhad - Brief Article

Telecomworldwire, Dec 10, 2002

TELECOMWORLDWIRE-10 December 2002-Malaysian bank outsources cheque clearing services to Unisys(C)1994-2002 M2 COMMUNICATIONS LTD http://www.m2.com

IT services and solutions company Unisys is set to handle the business processes for cheque clearing services for Malayan Banking Berhad, a Malaysian financial services institution.

Through the outsourcing contract Malayan Banking Berhad can reportedly reduce its processing costs, improve customer relations and enhance the customer experience. Unisys will provide outsourcing services at four locations that cover eight states in Malaysia.

A spokesperson for Unisys has said that it will continue to develop its business process outsourcing expertise in Malaysia.

The contract will last for seven years and has been valued at USD26m.

((Comments on this story may be sent to tww.feedback@m2.com))

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