Citigroup is cutting 11,000 jobs,many in IT,as part of a restructuring announced Wednesday. The job cuts are part of a plan to save about$900 million through a variety of actions,including"increasing standardization and the use of ...
Tags: Citigroup, job cuts, IT, automated processes
MMI Holdings is planning to aquire 100% stake in Momentum Short-term Insurance for an undisclosed amount. MMI Holdings and OUTsurance Holdings boards have already approved the transaction, which will be subject to regulatory approvals, ...
Tags: MMI Holdings, short term insurance, insurance, acquisition
Vienna Insurance Group has completed the merger of non-life insurers InterRisk and PZM to expand its market presence in Poland. InterRisk and PZM achieved premiums of over EUR80m in the first quarter of 2012 and the two companies will ...
Tags: Vienna Insurance, merger, InterRisk, insurance market
Benefits, insurance and wealth management services provider National Financial Partners' (NFP) subsidiary NFP Health has expanded its full-service exchange platform. The private health benefits exchange platform comprises a comprehensive ...
Tags: NFP Health, wealth management, National Financial Partner
Ecclesiastical Insurance has selected IPK's edgeConnect user experience platform (UXP) to help expand the use of its policy administration system to any and all authorized users, creating an ideal user environment for policy transactions. ...
Tags: Ecclesiastical Insurance, IPK, policy administration system
Capita has been named preferred bidder in an educational support services joint venture with Staffordshire County Council, in a deal worth £1.7bn over 20 years. Capita will hold the majority stake in the partnership, to deliver a ...
Tags: Capita, educational support services, schools education support services
Friis&Company,the popular women's apparel and shoe brand from Denmark,is going to streamline her sales processes with Apps4Fashion.This way Friis&Co eliminates the piles of paperwork and administrative operations which used to be part of ...
Barnet council has recommended Capita as its preferred bidder for a32m euros-a-year contract to run its back-office services. The 10-year deal would see the outsourcing company operate London Borough of Barnet's new support and customer ...
Tags: Barnet, Capita, Outsourcing Deal, Public Services
IT services firm Logica, part of the CGI group, has been selected as the supplier of managed payroll services to the Department of Health's Arms Length Bodies. Combined, the organisations employ a total of 30,000 people and include the ...
Tags: Logica, CGI, GPS framework, McKesson
OmniPark, a leading provider of parking management products and services, is pleased to announce the release of PayMyNotice, a parking solution that encourages guests to pay notices promptly. SPOKANE, WA, November 02, 2012 ...
Tags: parking management products, parking solution, OmniPark
Back-office service providers are failing to meet customer needs, with 70% of suppliers claiming projects are not being managed properly when transferring from an in-house to an outsourced function, says research from KPMG. According to ...
Tags: Back-office service, KPMG, back-office support services
Insurance company NFU Mutual is to automate its paper-based claims handling using business process management tools from Tibco. The multimillion pound project will help the rural insurer streamline its claims-management processes across ...
Tags: NFU Mutual, Insurance company, Tibco, ActiveMatrix BPM software
IDG News Service-Microsoft's upcoming Windows 8 will mark"the end"of the computer industry's dominant OS due to increasing competition and choice sparked by alternatives,Salesforce.com CEO Marc Benioff predicted Friday. Windows 8 is a ...
Tags: Salesforce, Windows 8, Microsoft
Luxonic Lighting, one of the leading UK lighting manufacturers, has underlined its sustainability credentials by becoming a Carbon Trust accredited supplier as well as achieving IS0 14001. Luxonic Lighting had to demonstrate to the Carbon ...
Tags: Lighting
A review of disaster recovery capabilities has made multinational specialist recruitment company Hudson more resilient in its day-to-day business. "We have improved Hudson's business continuity by modifying our disaster recovery ...
Tags: disaster recovery, Hudson, IT infrastructure, disaster recovery review