Xchanging - Operations

Operations

Xchanging operates on an Enterprise Partnership model forming joint ventures with large organisations in processing areas such as HR, accounting and procurement, as well as industry specific processing such as securities processing and insurance claims processing. Although the list of back-office processes which could be transformed is non-exhaustive.

Xchanging provides procurement, finance and accounting, human resources, technology and customer administration services across industries.

  • Procurement – Managing direct & indirect spend and sourcing strategies
  • Finance and accounting - Processing of receipts and payments, net settlement and clearance
  • Human resources - Providing employment services from recruitment through to payroll and pensions payment, back-to-work and medical compensation schemes
  • Technology – Design, build and run IT infrastructure and software
  • Customer administration - B2B and B2C services to support customer’s customer

Xchanging provides industry specific processing for:-

  • Banking and securities – Processing securities transactions and retail investment accounting
  • Insurance – Processing of insurance policies, premiums & claims, and broker annuity
  • Other financial services - IT systems & hosting for exchanges, processing services for fund managers, investors, as well as SWIFT managed infrastructure services to banks
  • Industrial, commercial and public – Including retail, real estate, manufacturing and logistics as well as services for the public sector in the USA and Asia-Pacific.

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Famous quotes containing the word operations:

    “You can’t have operations without screams. Pain and the knife—they’re inseparable.”
    —Jean Scott Rogers. Robert Day. Mr. Blount (Frank Pettingell)

    “There is a patent office at the seat of government of the universe, whose managers are as much interested in the dispersion of seeds as anybody at Washington can be, and their operations are infinitely more extensive and regular.”
    —Henry David Thoreau (1817–1862)

    “It may seem strange that any road through such a wilderness should be passable, even in winter, when the snow is three or four feet deep, but at that season, wherever lumbering operations are actively carried on, teams are continually passing on the single track, and it becomes as smooth almost as a railway.”
    —Henry David Thoreau (1817–1862)