WNS (Holdings) Limited (WNS) (NYSE: WNS), a leading provider of global
Business Process Management (BPM) services, and Ramco
Systems, an enterprise software product company focused on
delivering ERP applications on Cloud, Tablets and Smart phones, today
announced their strategic partnership towards servicing the Human
Resources Outsourcing (HRO) marketplace across industries. The joint
offering will initially be targeted at customers in the North American
and European markets.
Built on Ramco’s VirtualWorks® platform, the Human Capital Management
(HCM) suite will draw upon WNS’s vast experience in people management
practices and best-in-class process management, and Ramco’s Cloud-based
technology to provide systems and managed services to clients.
“The WNS-Ramco HCM suite is a platform on the Cloud combined with
best-in-class analytics and embedded services, designed to enable its
customers to migrate into a system-of-engagement model from that of
system-of-records. It is designed to deliver upfront productivity to
clients. The Ramco HCM platform covers the entire ambit of the HR value
chain, including recruitment, workforce management, payroll and
benefits, talent management, employee development and planning in a
Cloud-based modular environment that incorporates best-in-class process
management practices. This will provide our clients the time they need
for strategic thinking and business partnering,” said R. Swaminathan,
Chief People Officer, WNS Global Services.
“Our investments towards building a model-based software development
architecture has helped us develop multi-tenanted, SOA compliant
enterprise applications on Cloud. Having witnessed good success for our
cloud offering, we are now venturing into Platform as a Service space.
Ramco VirtualWorks® provides a complete framework for ecosystem
providers like WNS to build applications / services around Ramco and
offer them to the end-users. Our partnership with WNS, will see WNS
offering its HRO
services on Ramco’s platform. We look forward to a mutually
beneficial engagement,” said P. R. Venketrama Raja, Vice Chairman &
Managing Director, Ramco Systems.
Commenting on the launch of the new offering, Mr. Keshav R. Murugesh,
Group CEO, WNS Global Services, said, “As an organization, WNS helps
drive agility and excellence in performance across multiple levels of
the client organization. As talent management takes center stage, the
WNS-Ramco HCM suite is well-timed and will address every crucial
business need of the HR fraternity. The HCM offering is a true
reflection of WNS’s passion for both service and innovation.”
“With multiple Fortune 1000 customers, Ramco is well-recognized globally
as an end-to-end provider of HR and talent management and one with a
global payroll offering. Our strategic pact with WNS will help us tap
the mature North American and European markets. With features like
Mobility, role-based WorkSpaces, In-memory payroll processing and
multi-country payroll on Cloud, the all new HCM can be deployed
modularly and also seamlessly integrated with any standard ERP. The
combination of Ramco’s HCM with WNS’s HR Services will offer a great
value proposition to the end-customer,” added Virender Aggarwal, CEO,
Ramco Systems.
About WNS
WNS (Holdings) Limited
(NYSE: WNS), is a leading global business process management company.
WNS offers business value to 200+ global clients by combining
operational excellence with deep domain expertise in key industry
verticals including Travel, Insurance, Banking and Financial Services,
Manufacturing, Retail and Consumer Packaged Goods, Shipping and
Logistics, Healthcare and Utilities. WNS delivers an entire spectrum of
business process management services such as finance and accounting,
customer care, technology solutions, research and analytics and industry
specific back office and front office processes. As of September 30,
2013, WNS had 26,630 professionals across 32 delivery centers worldwide
including China, Costa Rica, India, Philippines, Poland, Romania, South
Africa, Sri Lanka, United Kingdom and the United States. For more
information, visit www.wns.com.
About Ramco Systems:
Ramco Systems
provides next generation, end-to-end enterprise solutions that render
complete transformation of the business in real time. Built on Ramco
VirtualWorks®, all Ramco products are cloud architected by design and
address the entire business cycle from transaction to analytics. Part of
the USD 1 Billion Ramco Group, the company offers ERP, HCM, MRO, M&E,
SCM, CRM, Financials, Service Management, Asset Management, Process
Control, Project Management and Analytics to multiple verticals on the
most appropriate cloud model—public, private and community. Ramco
focuses on providing innovative business solutions that can be delivered
quickly and cost-effectively in complex environments. Globally, Ramco
has over 150,000 users from 1000+ customer organizations. The company
has 21 offices spread across India, USA, Canada, Europe, Australia,
Middle East, South Africa and APAC.
“Ramco Systems Limited (the “Company”) is proposing, subject to
receipt of requisite approvals, market conditions and other
considerations, a rights issue of its equity shares and has filed its
Draft Letter Of Offer with the Securities and Exchange Board of India
(“SEBI”). The Draft Letter of Offer is available on the website of SEBI
at www.sebi.gov.in,
on the website of the lead manager at www.centrum.co.in
and of the Company at www.ramco.com.
Investors should note that investment in equity shares involves a high
degree of risk and for details relating to the same, please refer to the
section titled “Risk Factors” at page xiii of the aforementioned Draft
Letter of Offer.”
Safe Harbor Provision
This document
includes information which may constitute forward-looking statements
made pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995, the accuracy of which are necessarily
subject to risks, uncertainties, and assumptions as to future events.
Factors that could cause actual results to differ materially from those
expressed or implied are discussed in our most recent Form 20-F and
other filings with the Securities and Exchange Commission. WNS
undertakes no obligation to update or revise any forward-looking
statements, whether as a result of new information, future events, or
otherwise.
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