Tessella

Analytics, Software Services, Consulting

Tessella Selected to be a Bank of England Framework Partner

Tessella to provide IT services, advice and development expertise to the Bank of England

Oxford, UK | 16th March 2011.  Tessella, the international provider of science powered technology and consulting services is pleased to announce that it has been selected for a framework agreement and awarded a four-year call-off contract by the Bank of England for the provision of IT services.

Lawrence Hopkins, Associate Director at Tessella commented: “We are delighted to have been awarded a call-off contract with the Bank of England and look forward to supplementing the Bank’s teams with high calibre staff offering the full range of Tessella’s services.”

Alan Gaby, Tessella’s Divisional Director added: “The Bank were very clear in defining the areas of support they require, and I am pleased they recognised Tessella’s strengths in modelling and simulation, technical consulting and the development of high quality, robust analytical software.”

Tessella has been selected as one of six organisations to provide application development services to the Bank of England, under a new framework agreement. The agreement allows the Bank of England quickly and cost-effectively to call down additional application development, and related IT services and to undertake tasks to help with peaks of demand.

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About Tessella

Founded in 1980, Tessella is the international provider of science powered technology and consulting services. World leading organizations choose our unique blend of science, engineering and sector expertise to deliver innovative and cost-effective solutions to complex real-world commercial and technical challenges. Our people are high achievers from leading universities and are passionate about delivering value to clients. We are proud that our work makes the world a better place to live in: developing smarter drug trials; preserving the digital heritage of nations across the globe; minimizing risk in oil and gas exploration; controlling the orbit and attitude of satellites; researching fusion energy.

Further information available at www.tessella.com

Media Contact at Tessella

Christina Tealdi  | PR/AR Executive | Phone: +44 (0) 1235 555511 | Mobile: + 44 (0) 779 9346453