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WNS (Holdings) Limited (NYSE: WNS) is a leading global business process management (BPM) company that offers a diverse range of services to over 200 clients worldwide. Known for its operational excellence and deep domain expertise in key industry verticals, WNS serves sectors such as travel, insurance, banking and financial services, manufacturing, retail and consumer packaged goods, shipping and logistics, healthcare, and utilities.
WNS provides a comprehensive suite of BPM services, including finance and accounting, customer care, technology solutions, research and analytics, and both back-office and front-office processes tailored to specific industries. The company employs over 29,830 professionals across 37 delivery centers in various countries, including China, Costa Rica, India, the Philippines, Poland, Romania, South Africa, Sri Lanka, the UK, and the US.
As a strategic partner, WNS focuses on managing complex processes that significantly impact clients' bottom lines. The company adopts an end-to-end vertical approach to service delivery and leverages technology-led BPM solutions. This has positioned WNS as a trusted partner for business transformation and operational efficiency.
WNS operates through multiple segments, including Banking/Financial Services and Insurance; Travel, Shipping/Logistics, and Utilities; Manufacturing/Retail/Consumer, Hi-tech/Professional Services, and Procurement; and Healthcare/Life Sciences. Geographically, the majority of the company's revenue comes from North America, primarily the US, followed by the UK. WNS also maintains a presence in Australia, Europe (excluding the UK), and South Africa.
WNS (Holdings) Limited (NYSE: WNS) has announced a strategic partnership with Actuarial Risk Management, Ltd. (ARM), enhancing its Business Process Management (BPM) solutions. This collaboration allows ARM to provide WNS’ offshore actuarial services and end-to-end insurance capabilities, leveraging ARM’s team of 250 credentialed actuaries. The partnership aims to help insurers improve scalability and respond to evolving market conditions, addressing challenges such as rising risks and regulation.
WNS (Holdings) Limited (NYSE: WNS) has joined the Amazon Web Services (AWS) Independent Software Vendor (ISV) Accelerate Program. This co-sell initiative allows WNS to collaborate with AWS field sellers to deliver software solutions that enhance their clients' digital transformation efforts. Since becoming an AWS Partner in 2020, WNS has utilized AWS capabilities for its various Software-as-a-Service platforms, including industry-specific applications. The program aims to expand WNS's market reach and co-create solutions for AWS customers.
WNS (Holdings) Limited has announced its annual general meeting (AGM) for shareholders on September 22, 2022, at 11:00 am British Summer Time in St Helier, Jersey. The AGM will be held physically, with any changes communicated in advance via the company's website. A proxy can be appointed to vote on behalf of shareholders. The company's annual report for the financial year ended March 31, 2022 has been filed with the Securities and Exchange Commission. Relevant documents are available on the company's website.
WNS (Holdings) Limited (NYSE: WNS) reported fiscal Q1 2023 results, revealing a revenue of $295.3 million, a 16.6% year-over-year increase, but down 1.2% from the previous quarter. Profit reached $33.1 million, up from $26.8 million last year, with diluted earnings per ADS at $0.65. Increased client acquisition and expanding relationships drove revenue growth, despite currency impacts. WNS also updated its FY 2023 guidance, forecasting revenue less repair payments between $1,100 million and $1,152 million.
WNS (Holdings) Limited (NYSE: WNS) will release its fiscal 2023 first quarter financial results on July 21, 2022, at 6:00 a.m. Eastern. Following the release, management, including CEO Keshav Murugesh, CFO Sanjay Puria, and COO Gautam Barai, will discuss the results in a teleconference at 8:00 a.m. Eastern. Investors can access the call via the company's investor relations website. As of March 31, 2022, WNS employed 52,081 professionals across 54 delivery centers worldwide, emphasizing its expansive global footprint in Business Process Management.
WNS (Holdings) Limited (NYSE: WNS) has announced the acquisition of Vuram for $165 million, including up-front payment and earn-outs. This acquisition is expected to enhance WNS's digital transformation capabilities and is projected to contribute approximately 2% to its net revenue in fiscal 2023. Vuram specializes in enterprise automation, utilizing low-code applications and intelligent automation platforms, aligning with WNS's strategic goals of driving scalable business transformation.
WNS (Holdings) Limited has extended CEO Keshav R. Murugesh's employment contract until August 17, 2025. Under his leadership since 2010, WNS transitioned from a traditional BPO to a BPM solutions provider, boasting over $1 billion in revenue and 52,000 employees across 12 countries. The Board expresses confidence in Murugesh's ability to drive future growth and enhance stakeholder value amid the evolving BPM market. His leadership has focused on digital transformation and innovative client solutions, positioning WNS as a leader in the industry.
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