EDS a winner from CBA-Colonial.

BUILDING ON an existing long-term relationship, EDS has been selected to work with the Commonwealth Bank of Australia to help manage the integration of most of the technology services and e-business capabilities resulting from Australia's largest-ever merger with Colonial.

The existing IT outsourcing contract between the Commonwealth Bank and EDS was signed in September 1997.

The original agreement, which was already the largest IT outsourcing agreement in the banking industry, was valued at about $US3 billion over 10 years and has been credited with reducin