News - Press Release

July 10th 2009

Dunstan Thomas partners with Logica for more complex IT modernisation projects

Dunstan Thomas, the pensions administration solution provider, has selected leading IT services provider Logica as its primary systems integration partner to help address the broader, deeper and more complex requirements of the larger product providers’ IT projects.

Dunstan Thomas will work with Logica to design and deliver solutions which address the central requirement of the industry to modernise IT systems in order to engage more deeply with clients and take advantage of changes being forced upon them by new pensions legislation and the decline of the Defined Benefit Schemes.

These trends have created rapid demand for more scalable, flexible and accessible systems which enable trustees, custodians, investment houses, intermediaries, platform providers, financial advisers, employees and employers to pass data and instructions quickly, efficiently and securely between parties to keep clients’ pensions and investments growing and in line with their needs.

Dunstan Thomas selected Logica after an in-depth assessment of all major systems integration players operating in the financial services market. Chris Read, chairman of Dunstan Thomas, commented: “Logica is the ideal partner to help us extend our remit with our existing and prospective provider clients. The systems integrator’s in-depth understanding of the pressures facing the industry, together with its track record of innovation and best-in-class IT engineering and project management makes Logica the obvious partner for Dunstan Thomas.

Andrew Lloyd, director, insurance and retail financial services of Logica said:
“We are pleased that Dunstan Thomas has chosen Logica as its system integration partner of choice given its success to date and its further opportunities for expansion in the pensions and investment market specifically. We look forward to working with them on expansive IT projects for blue-chip financial services providers in the coming months and years.”
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About Dunstan Thomas:
Dunstan Thomas is a pensions administration software and services provider offering a fully integrated range of components under the Imago brand. These components together provide the key back and front office administration tools needed by pension providers, third party administrators and financial advisers. Imago’s Front Office administration components include Illustrations, Reviews and stochastic models in Adviser Tools. Imago’s Back Office tools include Administration and Property.

Dunstan Thomas’ Imago is now establishing itself as a highly functional platform for servicing not only pensions products but also supporting Wrap platforms to help them generate increased efficiencies and automate calculations, illustrations and provide all relevant reporting capabilities.

Dunstan Thomas has been providing these solutions to leading names in the pensions and investments market for 20 years. It works with other leading names in the industry such as HSBC, Ascentric, Novia, Friends Provident, Hargreaves Lansdown, Xafinity and Capita.

About Logica
Logica is a major international force in IT services and wireless telecoms. It provides management and IT consultancy, systems integration and outsourcing services to clients across diverse markets including public sector, telecoms, financial services, energy and utilities, industry, distribution and transport. Formed in December 2002, through the merger of Logica and CMG, the company employs around 20,000 staff in offices across 34 countries and has nearly 40 years of experience in IT services. Headquartered in Europe, Logica is listed on both the London and Amsterdam stock exchanges (LSE: LOG; Euronext: LOG). More information is available from www.logica.com