XCHANGING WINS A TECHNOLOGY CONTRACT FROM THE SINGAPORE GOVERNMENT

XCHANGING WINS A TECHNOLOGY CONTRACT FROM THE SINGAPORE GOVERNMENT

ID: 48764

(Thomson Reuters ONE) -


Press Release

XCHANGING WINS A TECHNOLOGY CONTRACT FROM THE SINGAPORE GOVERNMENT

To develop a Finance Management System for the Subordinate Courts of Singapore

SINGAPORE, 15 November 2010 - Xchanging (LSE: XCH), one of the largest and
fastest growing global business processors, has won a contract to develop an IT
application system for the Subordinate Courts of Singapore. The Subordinate
Courts are a critical component of the Singapore Judiciary. Dealing with more
than 95% of the cases in Singapore, the Subordinate Courts seek to provide an
effective and accessible system of justice, inspiring public trust and
confidence.

As part of the contract, Xchanging will develop and maintain a Finance
Management System to meet the operational, accounting, reporting and internal
audit needs. The new Financial Management System will provide a robust financial
infrastructure to enable the Subordinate Courts to manage the collection of
fines, in addition to providing multiple modes of payment, for the convenience
of the court users. This system will interface with the existing IT systems and
streamline finance-related processes across the Subordinate Courts. Xchanging
will study the existing processes and remove manual, paper based processes.

The system will be designed at Xchanging's development centre in Singapore,
which delivers services to customers in the Government, Logistics & Financial
services sectors. These services include IT development, solutions architecture
and maintenance of existing application solutions.


Xchanging designs, builds and operates technology solutions for its customers.
Xchanging brings a distinctive range of Intellectual Property (IP) assets and
expertise to create innovative solutions faster and more cost effectively.






- ENDS -



For further information, please contact:

Xchanging

Meeta Thareja
Tel: +44 (0)20 7780 5374
meeta.thareja(at)xchanging.com


UK - Cardew Group                                                       Tel:
+44 (0)20 7930 0777
xchanging(at)cardewgroup.com


About Xchanging

Xchanging is one of the largest and fastest growing business processors. With a
wide range of multinational customers in 42 countries and employing over 8,000
people, we are a truly global company. Our aim is simply to provide business
processing services better, cheaper and faster.

Xchanging provides procurement, accounting, human resources and technology
services across industries. These include banking, insurance, manufacturing,
retail and real estate among others. We combine functional expertise with deep
industry domain knowledge to provide industry-specific outcomes for our
customers.

Listed on the London Stock Exchange in 2007, the company is in the FTSE250, the
index of mid-capitalised companies traded on the London Stock Exchange.
Xchanging is also a member of the FTSE4Good index which measures the performance
of companies that meet globally recognised corporate responsibility standards.

www.xchanging.com


[HUG#1462293]








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(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Xchanging via Thomson Reuters ONE


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Datum: 15.11.2010 - 09:00 Uhr
Sprache: Deutsch
News-ID 48764
Anzahl Zeichen: 4089

contact information:
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London



Kategorie:

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