Welcome to our dedicated page for Exlservice Hldgs news (Ticker: EXLS), a resource for investors and traders seeking the latest updates and insights on Exlservice Hldgs stock.
ExlService Holdings, Inc. reports news as a global data and AI company providing analytics, digital operations and AI-led services for clients in insurance, healthcare and life sciences, banking and capital markets, retail, communications and media, energy and infrastructure, and other industries. Company updates commonly address quarterly results, revenue and earnings guidance, client demand for data and AI programs, and progress in embedding AI into enterprise workflows.
Recurring developments also include EXLerate.ai agentic AI platform enhancements, AI governance and decision-intelligence capabilities, cloud and technology collaborations with partners such as Google Cloud and NVIDIA, capital allocation actions including share repurchase programs, and board governance updates tied to the company’s public-company oversight structure.
ExlService Holdings (NASDAQ: EXLS) has announced a new $300 million stock repurchase program effective January 1, 2022, replacing the previous $200 million plan set in December 2019, which has seen approximately $162 million repurchased by September 30, 2021. The new program enables the company to buy shares on the open market and through private transactions as deemed appropriate by management, while ensuring compliance with securities regulations. This initiative aims to enhance shareholder value and manage excess capital, providing flexibility in share repurchase timing and volume.
EXL has appointed Ankor Rai and Narasimha Kini to its Executive Committee as of October 1, 2021, to support its growth in analytics and digital solutions. Rohit Kapoor, Vice Chairman and CEO, highlighted their instrumental roles in steering the company's evolution towards data-driven strategies. Ankor, as Chief Digital Officer, leverages AI and analytics for client transformation, while Kini, with over 21 years at EXL, focuses on enhancing customer experiences and aligning advanced digital solutions. This leadership change aims to fortify EXL's position in the competitive analytics market.
EXL has launched a new Patient Engagement Platform that utilizes AI and real-world patient data to enhance care management. This platform, aimed at health plans and self-insured employers, promotes adherence to value-based guidelines through automated interventions, text messaging, and personalized outreach by nurse care managers. The platform integrates advanced analytics to identify patients needing intervention, optimizing care management plans while enhancing engagement through various channels. This innovation underscores EXL's commitment to improving client business outcomes and supporting healthcare payers.
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ExlService Holdings, Inc. (EXLS) will report its third quarter financial results on November 2, 2021, before market opening. A conference call to discuss these results will take place at 10:00 a.m. ET that day. Investors can access the call via the company’s website or by phone. Founded on core values of innovation and excellence, EXL provides analytics and digital solutions to enhance business outcomes across various sectors including insurance and healthcare. The company operates globally with over 33,000 employees in more than 50 offices.
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First National Bank of Omaha (FNBO) has introduced a new buy-now-pay-later (BNPL) solution aimed at enhancing customer purchasing options through merchant partners. This initiative, developed in collaboration with EXL and Skeps, allows customers to make purchases and pay later through seamless integration into online and physical store systems.
FNBO's BNPL solution promises quick processing and loan approval, utilizing advanced technology for credit strategies and fraud prevention. The BNPL market is projected to grow by over 40% this year.
EXL has announced its new brand promise, focusing on aiding clients in enhancing customer experience, increasing revenue, and improving efficiency. The company has evolved from a business process management firm to a leader in analytics and digital solutions. With a revenue exceeding $1 billion, EXL is addressing major challenges for industries like insurance, healthcare, and banking. The firm emphasizes its strengths in AI, cloud, and advanced analytics, promising clients enhanced decision-making capabilities and operational models.
FTV Capital has announced strategic promotions and new hires to enhance its business development, marketing, and investor relations capabilities. Richard Liu has been promoted to partner, reflecting his seven-year tenure and significant contributions in enterprise technology investments. Adam Hallquist is now principal, noted for his leadership in financial services. Marija Periša Kegel has been elevated to principal of strategic business development, while Annis Steiner and Alia Rafi join as principals for marketing and investor relations, respectively. FTV's Global Partner Network continues to play a crucial role in supporting portfolio companies.
ExlService Holdings, a leader in operations management and analytics, announced that Rohit Kapoor, CEO, will join Citibank's 2021 Virtual Global Technology Conference on September 15 at 10:30 AM ET. The 40-minute session will highlight EXLS's digital, analytics, and AI solutions designed to tackle client challenges and promote growth. Additionally, Kapoor will engage in one-on-one meetings with investors. A live audio webcast will be available on EXL’s Investor Relations website.