Danamon-EDS venture

Danamon-EDS venture

JAKARTA (JP): The Danamon Group of Indonesia and Electronic Data Systems (EDS) Corp. of the United States agreed yesterday to form a joint venture on information technology services.

The new venture, to be named PT Danamon-EDS Technology Services, will provide and manage the information technology- related infrastructure at publicly-listed Bank Danamon, including its data center, automated teller machines, credit cards as well as communication and computer networks.

Usman Admadjaja, chief commissioner of the Danamon Group, said in a statement yesterday that the venture will help Bank Danamon enter the global banking era. (rid)