Successful bid by Wincor Nixdorf Portavis for HSH Nordbank outsourcing project

As a joint-venture company that specializes in outsourcing services, Wincor Nixdorf Portavis was established together with the savings banks Hamburger Sparkasse and Sparkasse Bremen, with Wincor Nixdorf holding a majority interest. With effect from December 1, HSH Nordbank outsourced the operation of their PC, the networks, telecommunications systems, servers and databases to Wincor Nixdorf Portavis. In addition to the operations of the national sites of HSH Nordbank operating processes also for foreign subsidiaries of HSH Nordbank will be taken over. As part of the outsourcing agreement, 35 HSH Nordbank employees were transferred to Wincor Nixdorf Portavis. HSH Nordbank is the first Landesbank in Germany to outsource its IT operations to Wincor Nixdorf Portavis. The agreement will allow the joint-venture company to internationalize its own business, as the intention is that it should gradually take over the operation of IT systems at HSH Nordbank’s international locations in addition to the bank’s German offices. This process is set to begin by extending services to the bank’s subsidiaries in New York and San Francisco, additional sites of HSH Nordbank could follow gradually, if required. In assuming responsibility for operational management, Wincor Nixdorf is freeing up resources at HSH Nordbank allocated to manage an activity that does not form part of the bank’s core business and is thus helping to streamline internal structures. For Wincor Nixdorf AG, the outsourcing agreement is valuable confirmation of its strategic change of direction from a mere systems provider to a partner for all-round processes within bank branches and retail outlets. Another important factor is that an increasing proportion of Wincor Nixdorf’s business is dedicated to services, a share that is expected to make up half of its total net sales in the medium term. As part of this trend, its outsourcing activities are set to continue growing, with more and more banks delegating parts of their information technology requirements to external partners.