Integreon Extends Business Services Engagement with SNL Financial
NEW YORK, March 18, 2013
NEW YORK, March 18, 2013 /PRNewswire/ --
New four year deal with US-based business intelligence services market leader
further expands Integreon's strong presence in the Philippines
Integreon, a leading global provider of integrated legal, research and
business solutions, recently announced a multi-year extension to its existing
landmark deal with SNL Financial (SNL). SNL is a premier provider of business
intelligence and news for the banking, financial services, insurance, real
estate, energy, metals/mining, and media/communications industries. Integreon
has been providing business services to SNL since May 2012, and the recent
expansion of the relationship extends the contract through January 2017.
The partnership will grow SNL's existing relationship with Integreon in Manila
and will further extend Integreon's position as a market leading provider of
business services to demanding professionals. Integreon already employs 400
people in Manila, providing a range of business services, legal services and
document services to clients. Integreon's largest investor, LiveIt
Investments, is the BPO investment division of Philippine-based Ayala
Corporation and has played a significant role in Integreon's success in
growing its global business, including its Philippine delivery capabilities.
Under the extended agreement, Integreon will help SNL build a team of
approximately 300 or more financial research and business support
professionals that will be located in dedicated delivery centers in Manila.
Tom Corbitt, Chief Administrative Officer at SNL Financial, said "Integreon
has a good understanding of SNL's client base since they've historically
provided business critical services to many of the same customers. They've
proven they can leverage their local knowledge and employer brand in the
Manila market to quickly deliver the high caliber talent and physical
infrastructure SNL needs to support our growing global client base,
particularly as we expand into Asian markets."
Robert Gogel, Chief Executive Officer, Integreon, said, "SNL is an impressive
company with exciting growth plans. We are delighted that our ability to
attract talent for them in Manila has led them to choose us for further
expansion plans. We look forward to supporting SNL in their growth and
delivery of high quality information services over the coming years."
Integreon is a trusted provider of integrated legal, research and business
support solutions to discerning professionals, including law firms and
corporate law departments, leading corporations, financial services
organisations and professional services firms. Integreon's 2,000+ associates
work globally to support its clients in areas such as market and competitive
intelligence, discovery, legal process outsourcing (LPO), operating model
transformation and back office redesign. Integreon also excels in business
support services such as IT, document processing, finance, and HR. With
unrivalled outsourcing experience and its industry-leading onshore and
offshore capabilities, clients increasingly rely on Integreon to meet their
needs in a demanding business environment. Integreon provides its services to
its global client base with delivery capabilities from the US, UK, India,
Philippines, South Africa and China. For more information about Integreon's
extensive range of services, please visit http://www.integreon.com .
Integreon is a privately held company and is majority owned by LiveIt
Investments Ltd. and Actis. LiveIt Investments is the holding company for
Ayala Corporation's investments in Business Process Outsourcing and Knowledge
Process Outsourcing. Founded in 1834, Ayala Corporation is the oldest business
house and one of the largest conglomerates in the Philippines. Actis is a
leading private equity investor in emerging markets with a growing portfolio
of investments in Asia, Africa and Latin America. It currently has US$5
billion in funds under management which is managed by more than 100 investment
professionals in 10 offices worldwide.
SNL Financial is the premier provider of breaking news, financial data and
expert analysis on business sectors critical to the global economy: Banking,
Insurance, Financial Services, Real Estate, Energy and Media & Communications.
SNL's business intelligence service provides investment professionals, from
leading Wall Street institutions to top corporate management, with access to
an in-depth electronic database, available online and updated 24/7. For more
information about SNL's extensive offerings, please visit http://www.snl.com .
For additional information, please contact:
Ariella Steinreich Burson-Marsteller +1-212-614-4262 firstname.lastname@example.org
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