Press Release
XCHANGING EXPANDS PRESENCE IN SOUTH EAST ASIA
Opens new centre in Singapore, to serve as Xchanging South East Asia
headquarters
SINGAPORE, 27 July 2010 - As part of its global expansion, Xchanging plc (LSE:
XCH), one of the largest and fastest growing global business processors, has
relocated its Singapore operations to a new flagship centre. This centre will be
headed by William Woo, who was recently appointed as Managing Director for
Xchanging, South East Asia.
Located at 13 International Business Park, Jurong East, the centre follows
global best practice in design and technology to create a state-of-the-art
environment. It follows a repeatable format seen in all Xchanging offices across
the world. The design supports lean processing, collaboration and transparency
with customers. This centre also advances Xchanging's corporate social
responsibility goals as an economical and environmentally responsible workplace.
David Andrews CEO Xchanging said, "Establishing our South East Asia headquarters
marks a significant milestone for Xchanging as it forwards our ambition to be
the global business processor of choice for our customers. Singapore is
undoubtedly emerging as a global financial services hub; the region as such is
taking a leadership position in the utilisation of new generation technologies
such as Cloud Computing. This makes it a logical step in our growth strategy.
Our existing customer relationships such as with the Government of Singapore and
DHL give us a good head start in the region".
Xchanging's Asia Pacific business includes Australia, Singapore, Malaysia,
India, China and Japan. Kerry Purcell, Head of Asia Pacific for Xchanging added,
"To address opportunities in the diverse economies of this region, we have
organised ourselves as three sub-regions in Asia Pacific - Australia, India and
surrounding South Asian countries and South East Asia. As a central business
hub, Singapore was the perfect location for us to set up our South East Asia
headquarters. There is a growing demand for technology and BPO services in the
region. Our centre in Singapore brings us closer to our customers in the region
to offer Xchanging's expertise and services to companies across industries in
South East Asia".
- ENDS -
For further information, please contact:
Xchanging
Meeta Thareja                                Tel: +44 (0)20 7780 5374
meeta.thareja@xchanging.com
Cardew Group                               Tel: +44 (0)20 7930 0777
xchanging@cardewgroup.com
About Xchanging
Xchanging is one of the largest and fastest growing business processors. With a
wide range of multinational customers in 42 countries and employing over 8,000
people, we are a truly global company. Our aim is simply to provide business
processing services better, cheaper and faster.
Xchanging provides procurement, accounting, human resources and technology
services across industries. These include banking, insurance, manufacturing,
retail and real estate among others. We combine functional expertise with deep
industry domain knowledge to provide industry-specific outcomes for our
customers.
Listed on the London Stock Exchange in 2007, the company is in the FTSE250, the
index of mid-capitalised companies traded on the London Stock Exchange.
Xchanging is also a member of the FTSE4Good index which measures the performance
of companies that meet globally recognised corporate responsibility standards.
www.xchanging.com
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Source: Xchanging via Thomson Reuters ONE
