UPSL will become part of the Kohler Power Systems business, which manufactures generator sets up to 2800 kW, automatic transfer switches, controls, switchgear and generator packaging options.
UPSL co-founder and managing director, David Bond, will continue to lead the company and report to Mr.
BankWest Director Processing and Operations Selina Duncalf said that BankWest had outsourced its cheque processing and image archiving services to UPSL because it provided a number of benefits especially in the areas of cost and technology.
The extension to our current agreement demonstrates that BankWest has a strong relationship with UPSL, which continues to deliver benefits and opportunities for the future," Ms Duncalf said.
UPSL delivers large-scale business process outsourcing services to clients in Australia and across Asia-Pacific.
UPSL will process around 150 million Westpac checks in the first year.
UPSL processes the checks presented by customers at post offices around Australia.
Unisys plans to market and grow UPSL as a payments processing utility for the Australian market, building on the Austrapay check processing experience and infrastructure, together with Unisys technology and industry skills in the financial services sector worldwide.
By establishing UPSL, Unisys has made the investment needed to deliver against their needs.
By transferring its document processing operations to UPSL, Girobank will be better able to concentrate on continuing to develop its broad range of business banking services.
UPSL utilizes state-of-the-art Unisys payment processing systems, which are already used by Girobank.
UPSL is looking to increase its share of the United Kingdom's payment processing business and expects the transfer of facilities and staff at the Girobank centers in Bootle, Merseyside and Wigan should enable UPSL to attract substantial new business into the region from either current or future clients.