EXL Service
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| File:EXL Official Logo.png | |
| Company type | Public |
|---|---|
| Nasdaq: EXLS | |
| Industry | Business Services |
| Founded | April 1999 |
| Founder | Rohit Kapoor, Vikram Talwar |
| Headquarters | , United States |
Key people | Garen Staglin, Chairman Rohit Kapoor, Vice Chairman & CEO |
| Services | Business Process Solutions - Operations Management, Analytics and Technology Platforms |
| Revenue |  US$503 million (2014) |
Number of employees | 25000 |
| Website | EXLService.com |
EXL (NASDAQ:EXLS) is a leading operations management and analytics company that helps businesses enhance growth and profitability in the face of relentless competition and continuous disruption. Using our proprietary award-winning Business EXLerator Framework™, which integrates analytics, automation, benchmarking, BPO, consulting, industry best practices and technology platforms, EXL looks deeper to help companies improve global operations, enhance data-driven insights, increase customer satisfaction, and manage risk and compliance. EXL serves the insurance, healthcare, banking and financial services, utilities, travel, transportation and logistics industries. Headquartered in New York, New York, EXL has approximately 25,000 professionals in locations throughout the United States, Europe, Asia (primarily India and Philippines), Latin America, Australia and South Africa
History
EXL was incorporated in April 1999 in Delaware, USA, by a group including Vikram Talwar and Rohit Kapoor. Vikram was then the Chief executive officer and Managing Director of Ernst & Young, and Rohit managed international investments for clients at Deutsche Bank.
In August 2001, Conseco acquired EXL and operated as its wholly owned subsidiary. Later, in November 2002, Oak Hill Capital Partners and FTVentures along with some members of the senior management team bought EXL from Conseco making it as third party pure-play business process outsourcing service provider.
Acquisition History
Oct. 27, 2016 : EXL acquired Datasource Consulting, LLC, a Denver-based company specializing in Enterprise Data Management and Business Intelligence.
September 2016: EXL acquired IQR Consulting a U.S.-based provider of marketing and risk analytics solutions for the banking industry.
July 2016: EXL acquired LISS Systems Limited, a London-based provider of digital customer acquisition and policy administration solutions for the insurance industry. Applicable in both Life & Annuity and Property & Casualty segments, LISS automates the end-to-end new business process, from quote to underwriting to issuance.
March 2015: EXL acquired RPM Direct LLC and RPM Data Solutions, LLC (collectively, "RPM") on 23 March 2015. RPM is a technology enabled company that specializes in analyzing large consumer data sets to segment populations, predict response rates, forecast customer lifetime value, design and execute targeted, multi-channel marketing campaigns especially in areas of healthcare and insurance.[1] The purchase was made in $47 million cash plus contingent cash consideration of up to $23 million and about 122,131 shares of restricted stock.[2]
October 2014: EXL acquired Overland Solutions which provides premium audit, underwriting surveys and loss control consulting for more than 400 P&C insurers.
July 2014: EXL acquired Blue Slate Solutions LLC which specializes in transforming operations through business process optimization, data integration and analytics by leveraging innovative techniques and technologies.
October 2012: EXL acquired Landacorp, a provider of healthcare solutions and technology.[3]
May 2011 : EXL acquired Trumbull, the company which provides Subrogation solutions,a patented business method developed to maximize recovery processing with advanced product suite : SubroSource. Trumbull also developed MedConnection.
May 2011: EXL acquired Outsource Partners International, one of the last standing pure-play Finance & Accounting Outsourcing (FAO) service providers.
May 2010: EXL acquired PDMA, Inc., the developer of LifePRO policy administration platform for life, health and annuity insurance.
March 2010: EXL acquired American Express’ Global Travel Service Center operations in Gurgaon, India.
July 2009: EXL acquired the back-office operations of Schneider Logistics, SRO. in Olomouc, Czech Republic.
June 2006: EXL acquired Inductis, a New Jersey-based Consulting and Analytics firm.
Locations
EXL has offices in US (Headquarters),UK, India, Philippines, Czech Republic, Romania, Bulgaria, Malaysia, Singapore, Latin America, Australia and South Africa. The majority of its staff are employed in India and Philippines.
http://www.exlservice.com/about/locations.html
Core Offerings
EXL is an operations management and analytics company which serves the insurance, healthcare, banking and financial services, utilities, travel, transportation and logistics industries. EXL also provides functional services, such as finance and accounting, legal support, and analytics to even more industries, including professional services, retail, manufacturing and energy.
See also
References
- ^ "EXL service to buy analytics company RPM Direct for Rs 460 crore". The Economic Times. 26 February 2015. Retrieved 1 September 2015.
- ^ EXL, Services. "EXL Completes Acquisition of Analytics Firm RPM Direct". EXL. Acquire Media. Retrieved 1 September 2015.
- ^ "Exl Acquires Landacorp To Provide A Comprehensive Suite Of Operations, Analytics And Technology Solutions For The Healthcare Industry". Landacorp. 15 October 2012. Retrieved 2012-10-19.