Xchanging expands presence in South East Asia
27 Jul 2010
SINGAPORE, 26 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”.
For further information, please contact:
Tel: +44 (0)20 7780 5374
Tel: +44 (0)20 7930 0777
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.
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