US-based technology services provider Computer Sciences Corporation (CSC) has signed a five-year IT services contract with Swiss banking major UBS.

Under the agreement, CSC will provide voice and data network, security and telecommunication services to UBS.

The total contract value is estimated to be up to $580m, assuming provision of the full scope of services over the five-year term, CSC said.

All of the agreements are subject to regulatory and other approvals and notifications, including consultation of relevant workers councils.