WNS Recognized Among Everest Group’s Top 5 2010 FAO Market Star Performers
April 07 2011 - 11:56AM
Business Wire
In a latest report released by the Everest Group, WNS (Holdings)
Limited (NYSE:WNS), a leading provider of global Business Process
Outsourcing (BPO) services was recognized as one of the five star
performers in the Finance and Accounting Outsourcing (FAO) services
domain in 2010. WNS was identified as a 2010 FAO star performer
based on the relative movement on the Everest PEAK Matrix for FAO
from 2009 to 2010 of 20+ FAO service providers. The ‘Star
Performers’ designation relates to Year-on-Year (YoY) performance
across multiple assessment parameters, including growth in annual
contract value in 2010, new and extended contacts, and advancements
in capabilities based on its expansion in scale, scope of service,
delivery footprint and technology investments.
“WNS is honored to be recognized among the ‘5 FAO Market Star
Performers’ by Everest Group, for the second consecutive year. This
re-confirms WNS’s position as a globally leading FAO service
provider with the right expertise and blend of talent, tools and
methodologies to be able to deliver its clients with complex
programs, and consolidate operations to achieve upfront financial
benefits,” said Keshav R. Murugesh, Group CEO, WNS Global
Services.
“In a survey commissioned by WNS last year, we found out that
post recession, transformation in the FAO domain will play an
instrumental role in fulfilling operational and strategic needs of
companies across the globe. Hence, our service delivery models have
been designed focusing on the specific requirements of CFOs and
addressing them with our platform-based BPO solutions,” said
Tasneem Lakdawalla, Business Unit Head - F&A, WNS Global
Services.
“The concept of ‘2010 FAO Market Star Performers’ helps to
identify the service providers with maximum YoY advancements across
market success and delivery capability. WNS earned the 2010 star
performer status as it accounted ~10% of the new multi-process FAO
contracts in 2010, and continued to expand its global delivery
footprint, process and technology capability, and industry focus
for F&A services,” said Saurabh Gupta, Vice President, Everest
Group.
WNS delivers over 650 processes of finance and accounting
services ranging from simple transactions to complex analytical
processes, including industry-specific processes to clients across
the globe. WNS has 6000+ dedicated employees delivering end-to-end
services across the full spectrum of finance and accounting
functions, including procure-to-pay, order-to-cash and
record-to-report to support all the functions of the CFO’s
office.
About Everest Group
Everest Group is an advisor to business leaders on global
services with a worldwide reputation for helping Global 1000 firms
dramatically improve their performance by optimizing their back-and
middle-office business services. With a fact-based approach driving
outcomes, Everest Group counsels organizations with complex
challenges related to the use and delivery of global services in
their pursuits to balance short-term needs with long-term goals.
Through its practical consulting, original research and industry
resource services, Everest Group helps clients maximize value from
internal transformations, shared services, outsourcing and blended
model strategies. Established in 1991, Everest Group serves users
of global services, providers of services, country organizations
and private equity firms, in six continents across all industry
categories.
About WNS
WNS (Holdings) Limited (NYSE:WNS), is a leading global business
process outsourcing company. WNS offers business value to 200+
global clients by combining operational excellence with deep domain
expertise in key industry verticals including Travel, Insurance,
Banking and Financial Services, Manufacturing, Retail and Consumer
Packaged Goods, Shipping and Logistics and Healthcare and
Utilities. WNS delivers an entire spectrum of business process
outsourcing services such as finance and accounting, customer care,
technology solutions, research and analytics and industry specific
back office and front office processes. WNS has over 21,000
professionals across 21 delivery centers worldwide including Costa
Rica, India, Philippines, Romania, Sri Lanka and United Kingdom.
For more information, visit www.wns.com
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provisions of the United States Private Securities Litigation
Reform Act of 1995
This release contains forward-looking statements, as defined in
the safe harbor provisions of the US Private Securities Litigation
Reform Act of 1995. These forward-looking statements are based on
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things, the discussions of our business strategy, industry growth
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that although we believe that the assumptions on which our
forward-looking statements are based are reasonable, any of those
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forward-looking statements based on those assumptions could be
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regulatory, legislative and judicial developments; our ability to
attract and retain clients; technological innovation;
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limited number of clients in a limited number of industries; the
implications of the accounting changes and restatement of our
financial statements as detailed in our annual report on Form 20-F
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WNS Customer Solutions (Singapore) Private Limited following our
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in our annual report on Form 20-F for the fiscal year ended March
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that we will necessarily achieve any plans, objectives or projected
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