Outsourcing company HCL has been awarded a £50 million contract to provide IT services and upgrades to the Student Loans Company (SLC) in order to modernise outdated legacy systems.

The contract award comes after SLC was criticised by the Public Accounts Committee for the poor quality of digital services to customers by the company.

HCL will work alongside Deloitte and Misys to create infrastructure designed accommodate future technologies and allow for increased flexibility, security and allow students to update information.

The new framework is expected to be in place within 12 months, with customer then being gradually migrated over to the new framework.

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