Italian lenders Alba
Leasing
 and Banco Popolare
Group
have outsourced their leasing businesses’ IT operations
to management consultancy Accenture.

In a separate deal, Accenture will
buy Itaca Service, an IT services provider, which is part
of Banco Popolare’s leasing business. Itaca provides IT
services to Banco’s leasing companies and also to Alba Leasing.

Under the five-year outsourcing deal,
Accenture will develop, maintain and support Banco Popolare’s
and Alba’s leasing systems, including leasing product management
and regulatory reporting.

Accenture will also manage the IT
infrastructure for thee companies’ leasing operations, including
remote management and support, data center operations, network and
deskside support services. The companies did not disclose the value
of the deal.

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“It’s important for Banco Popolare Group to
ensure its leasing applications and infrastructure are aligned with
its business strategy, while optimizing overall IT costs,” Ottavio
Rigodanza, chief operating officer at Banco Popolare Group,
said in a statement. “With Accenture’s support, we will
benefit from improved quality of services, and we will be able to
focus more on our core activities and on growing our business.”

Banco Popolare is Italy’s fourth largest bank
by assets and Alba Leasing is among the country’s top 10 leasing
companies by new contracts, Accenture said.