Unisys Selected to Provide Cloud Infrastructure Solutions to Help Consumer Financial Protection Bureau Protect U.S. Citizens from Financial Crime
Unisys using Amazon Web Services to help bureau provide vital information to protect consumers
BLUE BELL, Pa., Nov. 20, 2014 /PRNewswire/ -- Unisys Corporation (NYSE: UIS) today announced it has won a contract to provide Amazon Web Services (AWS) cloud solutions and services to help the Consumer Financial Protection Bureau (CFPB) effectively respond to the public demand for consumer safety information, while accommodating the growing use of mobile devices and other emerging technologies.
The contract with CFPB, a new client for Unisys, builds upon the company's track record as a leader in helping U.S. federal agencies use cloud-based technologies to change the way they work and serve citizens.
The contract will support the agency's efforts to obtain information technology infrastructure services at a low cost and to scale up its IT resources to respond to periods of great public demand for consumer safety information.
CFPB, established by the Dodd-Frank Act of 2010, works to ensure that consumers get the information they need to make the financial decisions they believe are best for them and their families.
The agency awarded the contract to Unisys following a competitive bid. The contract has a one-year base period and four one-year options and is worth about $7 million over five years if all options are exercised. The contract was awarded under NASA's government-wide Solutions for Enterprise-Wide Procurement (SEWP) IV contract.
Unisys will serve as program manager under the contract, providing licensing, advisory support and optional consulting services to help the agency fully leverage the capabilities of the AWS Cloud. Unisys also will provide billing services, quality control and roadmaps for projects running on AWS products and services.
"Unisys' experience as a leading provider of cloud hosting services to government agencies, as well as our expertise in systems integration and consulting, will allow us to help the CFPB gain the efficiencies and saving associated with the cloud," said Steve Kousen, vice president, cloud integration services, Unisys Federal Systems. "We look forward to helping CFPB provide critical information to consumers while enforcing the country's financial laws."
"The CFPB has an important public service mission, which we are pleased to support with cloud services that can help lower costs and allow the CFPB to scale when needed," said Max Peterson, general manager of partners, capture and contracts, worldwide public sector, Amazon Web Services, Inc. "The selection reaffirms the government's confidence in cloud solutions and further underscores the value of modern, highly cost-effective and agile business solutions for government agencies."
The CFPB contract builds on Unisys' track record as a cloud service provider to the federal government. Unisys has won three of the first six task orders awarded as part the $10 billion DOI Foundation Cloud Hosting Services program, including a project to move DOI's Financial and Business Management System to the cloud. Unisys also has helped agencies including the General Services Administration, the National Oceanic and Atmospheric Administration and the Department of Energy transition critical messaging and collaboration services from on-premise legacy environments to the cloud.
About Unisys
Unisys is a global information technology company that solves complex IT challenges at the intersection of modern and mission critical. We work with many of the world's largest companies and government organizations to secure and keep their mission-critical operations running at peak performance; streamline and transform their data centers; enhance support to their end users and constituents; and modernize their enterprise applications. We do this while protecting and building on their legacy IT investments. Our offerings include outsourcing and managed services, systems integration and consulting services, high-end server technology, cybersecurity and cloud management software, and maintenance and support services. Unisys has more than 23,000 employees serving clients around the world
Forward-Looking Statements
Any statements contained in this release that are not historical facts are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. All forward-looking statements rely on assumptions and are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. In particular, statements concerning the total value of the contract are based on the assumption that the contract will continue for its full five-year potential term. That is not guaranteed, because options are exercisable at the discretion of the government and agreements with government agencies are terminable before the end of their terms and are subject to the availability of appropriated funds. Additional discussion of factors that could affect Unisys future results is contained in our periodic filings with the Securities and Exchange Commission.
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RELEASE NO.: 1120/9289
SOURCE Unisys Corporation
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