ROLLING stock leasing firms HSBC Rail and Angel Trains have awarded Serco Assurance two data management contracts totalling £250 000.

Under the first contract Serco will manage asset data and documents supporting the overhaul and maintenance of HSBC Rail's UK leasing fleets.

In the second contract, Angel Trains has appointed Serco to provide data management for the maintenance of its European train leasing fleet, including the development of a web-based system providing access to all configuration documentation and data for the growing vehicle portfolio.

Mike North, Transport Business Director of Serco's assurance business, said the contracts 'show that vehicle owners recognise and value our Raildata services as being key to the efficiency of their supply chains and management of their assets.