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Industry News

Wednesday, August 22, 2007
Allianz Global Investors and Xchanging plc announce Retail Investment
Allianz Global Investors Kapitalanlagegesellschaft mbH and Xchanging, the international, pure play BPO company, have signed contracts to establish an enterprise partnership to provide retail investment account management services

Tuesday, August 21, 2007
Mouchel Parkman eases council staff job fears following outsourcing buy-out
Local government HR staff have been reassured about their jobs following a £46m deal which will target council back-office contracts.

Indecomm Global Services acquires Brainvisa Technologies
Indecomm Global Services, a leading international business process outsourcing and services firm, has acquired Brainvisa Technologies Private Limited, a leading global eLearning solutions company. This is the second acquisition done by Indecomm Global Services this year after it recently acquired US Recordings, a US-based leading provider of mortgage recording solutions.

Monday, August 20, 2007
Softtek acquires I.T. United
Softtek, the largest private IT service provider in Latin America, announced today that it has completed the acquisition of I.T. UNITED, a leading China-based provider of software development and outsourcing services. This strategic deal will significantly boost Softtek’s capabilities to serve the global needs of its clients by leveraging I.T. UNITED’s existing capabilities and China market positioning.

Thursday, August 09, 2007
UK Visas slammed over security hole in outsourced web site
An investigation into a security bug on a UK visas website has painted a damning picture of “organisational failures” by a government agency and its contractor.

Siemens strike threat boosts pay deal at BBC
Around 3,400 IT and business processing staff employed by outsourcing firm Siemens have secured 4% pay rises after threatening strike action.

Wednesday, August 08, 2007
ASDA outsources to Global Expense
ASDA has chosen to appoint GlobalExpense to manage its employee expense process.

Thursday, July 19, 2007
AstraZeneca opts for new-style outsourcing deal with IBM
AstraZeneca has signed a seven-year £736m global IT outsourcing contract with IBM.

Friday, July 13, 2007
Camerons cuts 20 IT staff in Indian outsourcing
CMS Cameron McKenna has become the latest City firm to outsource a chunk of its IT work to India.

Monday, July 02, 2007
BFSI sector squandering cash on offshore call centres
UK financial services companies are wasting money and damaging customer relations by offshoring call centres, according to a study by Compass Management Consulting.

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