Offshoring

GlowTouch Expands Operations to the Dominican Republic

Retrieved on: 
Monday, July 26, 2021
Articles, Business, Economy, Economic globalization, Offshoring, Business process, International trade, Outsourcing

LOUISVILLE, Ky., July 26, 2021 /PRNewswire/ -- GlowTouch LLC , a global Business Process Outsourcing (BPO) company based in Louisville, KY, has expanded its footprint into the Dominican Republic with plans to develop its presence in Latin America further.

Key Points: 
  • LOUISVILLE, Ky., July 26, 2021 /PRNewswire/ -- GlowTouch LLC , a global Business Process Outsourcing (BPO) company based in Louisville, KY, has expanded its footprint into the Dominican Republic with plans to develop its presence in Latin America further.
  • "We are excited to plant roots in the Dominican Republic and to usher in the next wave of growth for the company," said Vidya Ravichandran, the company's President and Founder.
  • Since launching operations in 2002 with a small group of employees, GlowTouch has grown into a global company with a staff of more than 2,300 people.
  • The company is based in Louisville, Kentucky, with operations in Louisville, Miami, Florida, offshore locations in Mangalore, Bangalore, and Mysore India, and the new nearshore operation in the Dominican Republic.

DGAP-News: Commerzbank retains securities settlement in-house - outsourcing project stopped

Retrieved on: 
Thursday, July 22, 2021
Articles, Economy, Business, Economic globalization, Offshoring, Information technology management, International trade, Outsourcing, HSBC, Settlement

Today, Commerzbank's Board of Managing Directors decided to end the project for outsourcing securities settlement to HSBC Transaction Services GmbH with immediate effect.

Key Points: 
  • Today, Commerzbank's Board of Managing Directors decided to end the project for outsourcing securities settlement to HSBC Transaction Services GmbH with immediate effect.
  • Since the launch of the outsourcing project in 2017, the market and technological environment have undergone substantial change.
  • "After careful consideration, we have taken the decision to stop the outsourcing project owing to the high implementation risks.
  • The significant growth in trading volume and the ongoing technological development are allowing us to continue securities settlement profitably," commented COO Jrg Hessenmller.

Commerzbank retains securities settlement in-house - outsourcing project stopped

Retrieved on: 
Thursday, July 22, 2021
Articles, Business, Economy, Economic globalization, Offshoring, Information technology management, Business-to-business, International trade, Outsourcing, HSBC

Today, Commerzbank's Board of Managing Directors decided to end the project for outsourcing securities settlement to HSBC Transaction Services GmbH with immediate effect.

Key Points: 
  • Today, Commerzbank's Board of Managing Directors decided to end the project for outsourcing securities settlement to HSBC Transaction Services GmbH with immediate effect.
  • Due to the project stop, the Bank is anticipating an exceptional write-off of around 200 million in the second quarter of 2021.
  • Since the launch of the outsourcing project in 2017, the market and technological environment have undergone substantial change.
  • "After careful consideration, we have taken the decision to stop the outsourcing project owing to the high implementation risks.

Commerzbank Board of Managing Directors stops project for outsourcing securities settlement - Exceptional write-off of around €200 million necessary

Retrieved on: 
Thursday, July 22, 2021
Articles, Economy, Business, Economic globalization, Offshoring, HSBC, Outsourcing, Bank

Today, Commerzbank's Board of Managing Directors decided to end the project for outsourcing securities settlement to HSBC Transaction Services GmbH with immediate effect.

Key Points: 
  • Today, Commerzbank's Board of Managing Directors decided to end the project for outsourcing securities settlement to HSBC Transaction Services GmbH with immediate effect.
  • The reasons for the decision are technical implementation risks and changed market conditions.
  • Due to the project stop, the Bank is anticipating an exceptional write-off of around 200 million in the second quarter of 2021.
  • The exceptional write-off will not impact the liquidity or the Common Equity Tier 1 (CET1) capital of the Bank.

How to Setup Your High Throughput Histopathology Study for Success, Upcoming Webinar Hosted by Xtalks

Retrieved on: 
Thursday, July 22, 2021
Articles, Business, Economy, Economic globalization, Offshoring, International business, International trade, Outsourcing, Telecommuting

When outsourcing your study, it's important to understand your partner and how to best work effectively together.

Key Points: 
  • When outsourcing your study, it's important to understand your partner and how to best work effectively together.
  • In this webinar, the speakers will explore and uncover the study from the pathologists point of view.
  • Register for this webinar to learn more about outsourcing benefits, including decreased timelines, increased project variety, improved quality and fewer infrastructure requirements.
  • For more information, or to register for this event, visit How to Setup Your High Throughput Histopathology Study for Success.

Acuity Knowledge Partners Awarded Best Outsourcing Service Provider to Capital Markets in 2021 Waters Rankings

Retrieved on: 
Wednesday, July 21, 2021
Finance, Data management, Professional services, Other Professional Services, Technology, Articles, Business, Economy, Offshoring, Business process, Business-to-business, International trade, Outsourcing, Telecommuting

Acuity Knowledge Partners (Acuity), a leading provider of bespoke research, analytics and technology solutions to the financial services sector, is pleased to announce it has been named Best Outsourcing Service Provider by WatersTechnology in its annual Waters Rankings .

Key Points: 
  • Acuity Knowledge Partners (Acuity), a leading provider of bespoke research, analytics and technology solutions to the financial services sector, is pleased to announce it has been named Best Outsourcing Service Provider by WatersTechnology in its annual Waters Rankings .
  • Waters Rankings winners are determined exclusively by votes from members of the global capital markets community, reflecting how financial technology professionals view vendors, consultancies and service providers.
  • The current global environment has created strong demand for the talent, support and bespoke technology that Acuity provides to our global client base.
  • Acuity Knowledge Partners is a leading provider of bespoke research, analytics and business intelligence to the financial services sector.

Crawford & Company® Announces Second Quarter 2021 Earnings Conference Call

Retrieved on: 
Wednesday, July 21, 2021
Professional services, Insurance, Finance, Articles, Business, Economy, Conference call, Crawford & Company, Economic globalization, Offshoring, Crawford, New York Stock Exchange, Pittsburgh Crawfords, Outsourcing

Crawford & Company (NYSE: CRD-A and CRD-B), the worlds largest publicly listed independent provider of claims management and outsourcing solutions to carriers, brokers and corporations, will issue its earnings release for its second quarter ended June 30, 2021, on Tuesday, August 3, 2021, at 4:15 p.m., Eastern time.

Key Points: 
  • Crawford & Company (NYSE: CRD-A and CRD-B), the worlds largest publicly listed independent provider of claims management and outsourcing solutions to carriers, brokers and corporations, will issue its earnings release for its second quarter ended June 30, 2021, on Tuesday, August 3, 2021, at 4:15 p.m., Eastern time.
  • The quarterly conference call, to discuss Crawfords quarterly earnings and other developments, will be held on Wednesday, August 4, 2021, at 8:30 a.m. Eastern time.
  • For audio access only, the call can be accessed by dialing 1-833-968-1973, Conference ID: 9538728.
  • For audio and slide presentation access, the call is being webcast by Q4 Inc, event.on24.com/wcc/r/3195933/4C317B384DC20B0E6B0B90BAB301C7A7 ; the call can be accessed on the Crawford & Company investor website at ir.crawco.com .

Sevenstep Recognized on Everest Group's 2021 PEAK Matrix™ Assessment of Global Managed Service Providers as a Star Performer

Retrieved on: 
Wednesday, July 21, 2021
Articles, Business, Economy, Business-to-business, International trade, Outsourcing, International business, Offshoring, Service provider, Managed services, Cwm, Mount Everest

BOSTON, July 21, 2021 /PRNewswire-PRWeb/ --Sevenstep, a global leader in Total Talent outsourcing solutions, including product offerings for recruitment process outsourcing (RPO) and managed service provider contingent workforce programs (MSP), was named a "Star Performer" in Everest Group's 2021 PEAK Matrix Assessment of Contingent Workforce Management (CWM) and Managed Service Provider (MSP) Services.

Key Points: 
  • BOSTON, July 21, 2021 /PRNewswire-PRWeb/ --Sevenstep, a global leader in Total Talent outsourcing solutions, including product offerings for recruitment process outsourcing (RPO) and managed service provider contingent workforce programs (MSP), was named a "Star Performer" in Everest Group's 2021 PEAK Matrix Assessment of Contingent Workforce Management (CWM) and Managed Service Provider (MSP) Services.
  • 2021 marks the first year Sevenstep has been named to the MSP PEAK Matrix.
  • The PEAK Matrix is Everest Group's proprietary approach to assessing the market success and overall delivery capability of MSP providers.
  • Additionally, Everest Group recognizes Star Performers as providers that show the strongest relative year-on-year movement on the PEAK Matrix.

Frontline Managed Services Acquires Glasser Tech Continuing Growth of It Managed Services Platform

Retrieved on: 
Tuesday, July 20, 2021
Articles, Business, Economy, Business-to-business, International business, International trade, Offshoring, Outsourcing, Telecommuting

Glasser Tech adds over 100 law firm clients to Frontline Managed Services in the Greater New York City area and will operate as the New York branch of Frontline Managed Services.

Key Points: 
  • Glasser Tech adds over 100 law firm clients to Frontline Managed Services in the Greater New York City area and will operate as the New York branch of Frontline Managed Services.
  • In addition to the hundreds of support professionals in Frontline Managed Services' Administrative and Financial Managed Services service lines, the integration of the Glasser Tech team brings the IT Managed Services staff to more than 700 employees in 11 worldwide offices.
  • Joining the Frontline Managed Services family allows us to truly elevate the services available to our customers," said Michael Glasser, founder of Glasser Tech LLC.
  • Frontline Managed Services is the leading global provider of outsourcing solutions in the legal industry, including Administrative Managed Services, Financial Managed Services and IT Managed Services.

Procurement Outsourcing Market in IT Consulting & Other Services Industry | Emerging Trends, Company Risk, and Key Executives | Technavio

Retrieved on: 
Monday, July 19, 2021
Articles, Business, Economy, Information technology management, Economic globalization, Offshoring, International trade, Outsourcing, Procurement, COVID-19 pandemic

COVID-19 Impact Analysis on Procurement Outsourcing Market can now be gained through our report.

Key Points: 
  • COVID-19 Impact Analysis on Procurement Outsourcing Market can now be gained through our report.
  • The procurement outsourcing market will witness a neutral impact during the forecast period owing to the widespread growth of the COVID-19 pandemic.
  • As per Technavio's pandemic-focused market research, market growth is likely to increase in 2021 as compared to 2020.
  • Get report snapshot here to get a detailed market share analysis of market participants during COVID-19 lockdown: https://www.technavio.com/report/procurement-outsourcing-market-industry...
    The procurement outsourcing market is segmented as below: