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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.
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