Unisys signs seven-year contract expansion with Dudley Building Society

Unisys (NYSE: UIS) announced a seven-year contract expansion with Dudley Building Society, a U.K. mutual financial institution, to provide cloud and managed technology services supporting the society's mortgage and savings operations.

Under the agreement, Unisys will introduce its Mortgage-as-a-Service offering, continue providing cloud-based services, and support upgrades to the Dudley Building Society's Unisys Financial Services System environment. Unisys has provided technology services to the society for approximately a decade, including infrastructure management, application support, and regulatory compliance.

The expanded deal follows Dudley Building Society's recent deployment of a new Mortgage Origination platform, which the society said modernized the front-end mortgage process for brokers and members. The new agreement is intended to strengthen the underlying technology and operational services supporting those products.

"This expanded partnership with Unisys is another important step in that journey, providing a resilient and scalable platform that supports both our mortgage and savings operations," said Lorraine Breeze-Price, chief transformation officer at Dudley Building Society.

Sean Tinney, senior vice president and general manager of Enterprise Computing Solutions at Unisys, said the expanded agreement reflects the company's focus on providing solutions that evolve with the financial services sector.

You May Also Be Interested In

• ADARx Pharmaceuticals files for proposed IPO
• USA Rare Earth (USAR) files for 126.5M share offering by selling stockholders
• Bank of America to redeem CAD1.425 billion in Canadian senior notes