BISYS Signs Outsourcing Deal with Prudential

February 17, 2005 ( - BISYS has announced that it has signed an administration support contract with Prudential Financial Companies.

In a press release, BISYS said that is has signed a deal to provide administrative support for Prudential’s Alliance program, which has more than 100,000 beneficiary accountholders. The deal covers business process, customer service and financial reporting services.

The Prudential Alliance program offers accountholders with interest-bearing checking accounts that offer unrestricted access to funds, according to the BISYS press release.

BISYS ( ) is an outsourcing provider for investment firms, insurance companies and banks. Prudential ( ) is a financial services firm with $500 billion in assets under management.