WNS Positioned in the ‘Leaders’ Quadrant of Magic Quadrant for Finance and Accounting BPO
June 15 2012 - 4:30AM
Business Wire
WNS (Holdings) Limited (WNS) (NYSE: WNS), a leading provider of
global Business Process Outsourcing (BPO) services, has been
positioned in the ‘Leaders’ quadrant in Gartner, Inc.’s recently
published "Magic Quadrant for Finance and Accounting BPO," authored
by Cathy Tornbohm, published on May 30, 2012.
This Magic Quadrant analyzed 18 Finance and Accounting process
providers and evaluated vendors on two primary criteria – ‘ability
to execute’ and ‘completeness of vision’. Factors under ‘ability to
execute’ included: Service, sales execution / pricing, market
responsiveness and track record, marketing execution, customer
experience and operations. Factors under ‘completeness of vision’
covered: Market understanding and business strategy encompassing
sales, geography, offering (product), vertical / industry,
marketing and innovation.
WNS was positioned in the ‘Leaders’ quadrant by demonstrating
its ‘ability to execute’ and ‘completeness of vision’. Leaders are
performing well today, both with a clear vision of market direction
and by actively building competencies to sustain their Leaders
position in the market. The comprehensive F&ABPO players
in this quadrant generally share superior market
understanding, have a global client base, an extensive network of
well-distributed and highly populated global delivery centers
catering for multiple languages, a good balance of
transactional and high-end F&A delivery, and innovative
well-communicated and marketed sales offerings.
“WNS is honored to be recognized as a Leader in Gartner's 2012
Magic Quadrant. We believe that our capability and position as a
leader in the FAO space is a result of our differentiated market
approach coupled with investments designed to provide our clients
with the right blend of expertise, talent and technology to
outperform their competition," said Keshav R. Murugesh, Group CEO,
WNS.
"Our vertically-led strategy is helping us deliver F&A
offerings supported by industry-specific domain expertise, and
enabling WNS to better service our clients. We will continue to
invest in tools, technology, resources and strategic partnerships
which will help drive platform-based solutions, increased business
process efficiencies and differentiated service offerings for
F&A," said Tasneem Lakdawalla, Executive Vice President,
Finance and Accounting, WNS.
As a leader among comprehensive F&A outsourcing service
providers, WNS began providing F&A BPO services in 1996, and in
fiscal 2012 F&A represented 19 percent of WNS’s total revenue
(net of repair payments). The F&A business unit has over 7,000
dedicated employees delivering a full range of Finance &
Accounting processes that range from simple transactions to complex
analytical processes, including industry-specific processes to more
than 70 global clients.
About the Magic Quadrant
Gartner does not endorse any vendor, product or service depicted
in its research publications, and does not advise technology users
to select only those vendors with the highest ratings. Gartner
research publications consist of the opinions of Gartner's research
organization and should not be construed as statements of fact.
Gartner disclaims all warranties, expressed or implied, with
respect to this research, including any warranties of
merchantability or fitness for a particular purpose.
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 23,000
professionals across 26 delivery centers worldwide including Costa
Rica, India, Philippines, Romania, Sri Lanka, United Kingdom and
United States of America. For more information, visit
www.wns.com.
Safe Harbor Statement under the
provisions of the United States Private Securities Litigation
Reform Act of 1995
This document includes information which may constitute
forward-looking statements made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995,
the accuracy of which are necessarily subject to risks,
uncertainties, and assumptions as to future events. Factors that
could cause actual results to differ materially from those
expressed or implied are discussed in our most recent Form 20-F and
other filings with the Securities and Exchange Commission. WNS
undertakes no obligation to update or revise any forward-looking
statements, whether as a result of new information, future events,
or otherwise.
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