WNS (Holdings) Limited - WNS STOCK NEWS

WNS Holdings has been recognized as a 'Leader' in Insurance Intermediary Services by Everest Group in their PEAK Matrix® 2024 assessment. This acknowledgment highlights WNS' capabilities in delivering innovative and market-driven solutions, such as the Unified Analytics Platform (UAP), Digital Workbench, and WNS InVog (Insurance-in-a-Box).

WNS' strategic investments in proprietary solutions like SKENSE and partnerships with InsurTech firms were key differentiators. The company has achieved double-digit growth and established a leadership position in the UK and Europe. WNS serves over 65 global insurance clients, leveraging advanced analytics and digital transformation solutions to enhance operations and customer experiences.

The recognition underscores WNS' role in helping insurance intermediaries navigate market volatility and economic uncertainty by offering cost-effective and transformative business process services.

WNS (Holdings) (NYSE: WNS) has announced the appointment of Anil Chintapalli as Executive Officer and Head of Strategic Growth Initiatives. Reporting to CEO Keshav Murugesh, Anil will drive growth through large deals, client relationships, market expansion, and mergers & acquisitions (M&A). He brings over 30 years of experience in financial services, technology, and management consulting, with expertise in ERP, SCM, CRM, and roles in private equity, digital, IT outsourcing, and business process outsourcing. He holds degrees from BITS Pilani and University of Massachusetts, Amherst. This strategic hire aims to enhance WNS's revenue growth and stakeholder value.

WNS (Holdings) (NYSE: WNS) partners with Mosaic Insurance to create a future-ready operations model. This multi-year strategic partnership aims to improve underwriting, claims support, reinsurance processing, finance, and technology services. WNS will leverage its digital-first operations, advanced analytics, and automation to enhance efficiency, customer experience, and market positioning. The collaboration includes setting up an Automation Center of Excellence to identify automation opportunities across business functions. Mosaic Insurance, founded in 2021, operates in seven countries and focuses on specialty lines such as transactional liability, cyber, and political risk, among others. WNS supports over 65 global insurers and has established a prominent position in the UK insurance market.

WNS (Holdings) (NYSE: WNS) has been named a 'Leader' in all three categories of ISG's 2024 Provider Lens Global Quadrant report for Procurement BPO Services, marking the fourth consecutive year of this recognition. The categories include Procurement Operations Modernization, Strategic Sourcing and Category Management, and Direct Procurement Enablement and Modernization. WNS integrates the capabilities of Denali, The Smart Cube, and OptiBuy. Key strengths include their proprietary digital procurement platform CPOTRAC, which aids in digital strategy execution, technology investment optimization, and leveraging AI for strategic procurement intelligence. WNS' comprehensive suite of consulting and managed services and its investments in procurement transformation have been highlighted as significant factors contributing to its leadership status.

WNS has partnered with Brightview Senior Living to lead a digital procurement transformation project. This initiative aims to automate the purchasing process, enhancing operational efficiency and resource allocation at Brightview. The project will also leverage Ivalua’s spend management platform to improve budget management, invoice matching accuracy, and minimize reconciliation efforts. WNS's expertise in procurement and digital transformation was pivotal in securing this partnership. Brightview, known for its senior living communities, anticipates significant operational improvements from this collaboration.

WNS (NYSE: WNS), a global leader in digital-led Business Process Management (BPM) solutions, has been recognized as a Leader in the 2024 Gartner Magic Quadrant for Finance & Accounting Business Process Outsourcing (F&A BPO). This marks the third consecutive year WNS has earned this distinction. The recognition highlights the company's domain-centric F&A expertise, advanced analytics capabilities, and AI-led technology platforms. WNS's offerings include a financial analytics-led suite of services and modular platforms like Financial Intelligence-in-a-Box (FIAB). This distinction demonstrates WNS's ability to drive efficiency and effectiveness in finance operations through data and analytics, transformation frameworks, and innovative operating models.

WNS and HFS Research have released a market impact report titled: Pivoting Toward the New Frontier in Travel & Hospitality. The report, based on a survey of over 300 enterprise leaders, examines the challenges and opportunities for the Travel and Hospitality industry in 2024 and beyond. Key findings include a focus on cost containment and efficiency, innovation-driven approaches, and digital transformation. Over 50% of firms prioritize cost containment, while over 36% struggle with meeting customer expectations. The report also highlights the importance of ecosystem development, consulting expertise, and enabling technologies like hybrid/multi-cloud solutions, ERP, and Robotic Process Automation. The findings aim to guide industry leaders in building resilient, future-ready enterprises.

WNS has released its fourth annual corporate sustainability report, 'Empowering Growth, Inspiring Change.' The FY 2023-24 report highlights progress in environmental, social, and governance (ESG) activities. WNS has committed to halving its carbon emissions by 2030 and achieving Net-Zero by 2050, aligning with the Science Based Targets initiative (SBTi) and the UN Race to Zero campaign. WNS is recognized in the TIME Best Companies 2023 list and focuses on diversity with 46% of its workforce and 44% of its board positions held by women. The report aligns with GRI, SASB Standards, UN SDGs, and UN Global Compact principles. WNS services over 600 clients globally and employs over 60,000 professionals.

WNS (Holdings), a leader in digital-led Business Process Management (BPM), has announced its Annual General Meeting (AGM) for shareholders on June 27, 2024, at 11:00 a.m. BST at 22 Grenville, St Helier, Jersey JE4 8PX, Channel Islands. Shareholders can attend in person or appoint a proxy. Relevant documents, including the notice of AGM and proxy card, will be distributed around May 23, 2024, and can be accessed via the company's investor relations page or requested through specific contact points provided.

WNS serves more than 600 clients and employs over 60,000 professionals in 65 delivery centers worldwide as of March 31, 2024. The company specializes in various BPM solutions across multiple industries.