Rabobank, the largest banking group in the Netherlands has entered into a major outsourcing arrangement to improve application management.

The seven-year arrangement will see the Rabobank Group procure outsourced services as part of application design, development and testing services from IT and business process outsourcer, Cognizant and Ordina, consulting, IT and outsourcing adviser in the Netherlands and Belgium.

Piet van Schijndel, a member of the management board of Rabobank Group said: “Our decision making hinges on continuity of employment and services.

“Many of our systems will be replaced over the next few years. Dutch-based Ordina offers good services, as well as career perspectives for our employees. Cognizant has been one of our offshore service providers for some time now and has proved to deliver quality services.”