Bank Of America Merrill Lynch Secures UK Operations With G4S

control room

Bank of America Merrill Lynch in the UK has awarded security and outsourcing firm G4S a major contract to help protect its operations here.

From December this year the three-year contract will see over 200 officers from G4S Secure Solutions protect six key sites for the bank, in a move that G4S says will form one of the company’s largest commercial UK contracts.

Under the deal G4S staff will provide reception security, access control, patrolling, administration, CCTV operations and systems, intelligence and risk management at the six sites across the UK and Ireland, including its headquarters at King Edward Street, London.

The UK deal will also see G4S provide “sophisticated technology-based security solutions”, said the bank, including handheld devices for G4S officers providing intelligence, reporting and monitoring. Other technology-enabled operations will include reporting procedures harmonized between the UK and the US, leading to a single global standard for the bank.

The total value of the contract has not been disclosed. G4S already provides security solutions to over 3,000 Bank of America branches across the US and facilities across the world. […]

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