Exela Technologies Secures Three-year Contract Worth $100 million with Global Bank
October 09 2018 - 8:00AM
Exela Technologies, Inc. (“Exela”) (NASDAQ:XELA), a leader in
location agnostic business process automation, today announced that
it was selected to provide payment and exception processing
services for a top 10 global bank and financial services company.
The new business is an expansion of the existing relationship
spanning more than a decade and covers new services to further the
bank’s digital journey. The new business is anticipated to be fully
ramped in the first quarter of 2019.
Exela’s banking solutions enable banks and
financial institutions to deploy Exela’s proprietary technologies
across many functions on a standalone or integrated basis, taking
what can be a complex process and converting it into a competitive
advantage. By leveraging its global footprint and proprietary
technology to deliver location agnostic deployments, Exela’s
mission is to enable customers on their digital journey. Exela
combines digital platforms and knowledge workers to drive
efficiency and quality throughout its customers’ business
processes, providing aid in data aggregation, processing,
decisioning, and communications, all of which are the reasons why
more than 120 banks globally trust Exela with many of their mission
critical processes.
“We help our customers anticipate, manage and
improve operations, maximize efficiency and improve the
end-customer and employee experience,” said Cisco Liquido, Vice
President, Business Strategy, Exela Technologies. “Forward-looking
business transformation is possible with a partner who can offer
the technology-enabled solutions needed to automate previously
fragmented and or manual business processes.” About
Exela Exela Technologies, Inc. (“Exela”)
is a global business process automation ("BPA") leader combining
industry-specific and industry-agnostic enterprise software and
solutions with decades of experience. Our BPA suite of solutions
are deployed in banking, healthcare, insurance and other industries
to support mission critical environments. Exela is a
leader in workflow automation, attended and unattended cognitive
automation, digital mailrooms, print communications, and payment
processing with deployments across the globe.
Exela partners with customers to improve
user experience and quality through operational
efficiency. Exela serves over 3,700 customers across more
than 50 countries, through a secure, cloud-enabled global delivery
model. We are 22,000 employees strong across
the Americas, Europe and Asia. Our customer
list includes 60% of the Fortune® 100, along with many of the
world’s largest retail chains, banks, law firms, healthcare
insurance payers and providers and telecom companies.
Find out more at www.exelatech.com
Follow Exela on
Twitter: https://twitter.com/exelatech
Follow Exela on
LinkedIn: https://www.linkedin.com/company/11174620/
Contact: Jill Ransome, VP Marketing and CommunicationsE:
jill.ransome@exelatech.comT: +1 203-360-4555
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