LONDON, 28 October, 2010 - Xchanging (LSE: XCH), one of the largest and fastest growing business processors, has won a five-year contract to provide Network Management Services to Gatwick Airport Limited (Gatwick Airport). Gatwick Airport has the busiest single runway in the world and is owned by Global Infrastructure Partners, an independent long-term investor in infrastructure assets worldwide.
Xchanging will provide a comprehensive and flexible managed network service to meet the current and future needs of Gatwick Airport. The scope includes migrating Gatwick Airport’s legacy network infrastructure from BAA and delivering a range of enhanced services from Xchanging’s modern ITIL-based integrated processing centres.
Paddy Byrne, Executive Director, Xchanging UK Region added, “I am delighted that we have been selected by Gatwick Airport as their managed network services provider. We look forward to establishing and growing this partnership. This is a milestone for us as Xchanging extends into the public services arena in the UK”.
Xchanging designs, builds and operates technology solutions for its customers. Xchanging brings a distinctive range of Intellectual Property (IP) assets and expertise to create innovative solutions faster and more cost effectively.
For further information, please contact:
Xchanging Group PR
Tel: +44 (0)20 7780 5374
UK - Cardew Group
Tel: +44 (0)20 7930 0777
Tel : +44 (0)1634 887 618
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.
About Gatwick Airport Limited
Gatwick Airport is the UK’s second largest airport and the busiest single-runway airport in the world. It serves more than 200 destinations (more than any other UK airport) in 90 countries for around 33 million passengers a year on short- and long-haul point-to-point services. It is also a major economic driver for the South-East region, generating around 23,000 on-airport jobs and a further 13,000 jobs through related activities.
Gatwick Airport Limited (Gatwick) is the company licensed to operate Gatwick Airport by the Civil Aviation Authority. Gatwick is wholly-owned by Ivy Bidco Limited (Ivy), a company formed to undertake the acquisition of Gatwick. Ivy is ultimately controlled by funds managed by Global Infrastructure Management, LLC, part of Global Infrastructure Partners (GIP). GIP, a $5.64 billion independent investment fund, invests worldwide in infrastructure assets. It targets investments in air transport infrastructure, ports, freight rail, power and utilities, natural resources infrastructure, water distribution and treatment, and waste management.