23rd Nov 2005 07:02
Xansa PLC23 November 2005 23 November 2005 Lloyds TSB agree outsource deal with Xansa Xansa provides flexibility to meet increasing customer demands Lloyds TSB has announced a strategic business process outsourcing partnershipwith Xansa, the outsourcing and technology company. Xansa currently delivers complex, industry-specific back office processes toLloyds TSB and, under this new 5 year contract, Xansa will take on the deliveryof further back office processes enabling the group to redeploy its resources toprovide even better and more personalised customer services. Xansa was selected because of its ability to meet Lloyd TSB's requirement forquality, industry-leading productivity and step-change cost efficiency. Commenting on the announcement, Ian Thompson, Director of Group OperationalServices, Lloyds TSB said: "To maintain our strong competitive position, it's crucial that we focus onproviding the right service to our customers in a cost efficient way. Ourpartnership with Xansa expands our Indian capability and provides greaterflexibility to our service operations." Commenting on the announcement, Alistair Cox, Chief Executive of Xansa said: "This contract builds on Xansa's strategy of delivering back office processes tothe financial services industry. It will further strengthen our position asUK's leading provider of back office processes from India." Ends Contacts Gordon Stuart Giles Sanderson, James Melville-RossFinance Director, Xansa Financial DynamicsTel : + 44 (0)8702 416181 Tel : + 44 (0)20 7831 3113 About Xansa Xansa is the outsourcing and technology company. Committed to deliveringguaranteed business outcomes through a combination of technology and processexpertise, Xansa gives its clients the freedom to do more with their business.Strong relationships, commercial innovation and an integrated Indian deliverycapability ensure that Xansa drives real and long-term cost reductions,performance improvements and new ways of working tailored to each client. Theservices Xansa provides are Business and Technology Consulting, ITImplementation, IT Outsourcing and Business Process Outsourcing. Head-quarteredin Reading, Berkshire, Xansa is listed on the London Stock Exchange (LSE:XAN)and has over 6800 people in the UK and India. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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