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ExlService Holdings (EXLS) Stock News, May-Jul 2021

EXLS NASDAQ

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.

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EXL (NASDAQ: EXLS), a leader in operations management and analytics, has received the 2021 ISG Digital Case Study Award™ for exemplary digital transformation initiatives. The award recognized a project with a U.K.-based energy provider, focusing on the Management Information Assistant (MIA) platform. This AI-driven solution improved customer experience, workforce productivity, and recovered lost revenue due to billing errors. ISG selected EXL based on a competitive process involving nearly 250 submissions, emphasizing the tangible impact of digital solutions on client operations.

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EXL (NASDAQ: EXLS) has joined the United Nations Global Compact, reinforcing its commitment to sustainable business practices and ESG principles. This move aligns with EXL's goals for diversity, equity, and inclusion as detailed in its 2021 Proxy Statement and Sustainability Report. Rohit Kapoor, CEO of EXL, emphasized the importance of collective action in tackling global challenges and committed to operating as a responsible global citizen.

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ExlService Holdings, Inc. (NASDAQ: EXLS) plans to announce its second-quarter financial results for the period ending June 30, 2021, on July 29, 2021, before market opening. A conference call will take place at 10:00 a.m. ET the same day to discuss these results. Interested participants can access the call through EXL's investor relations website or via phone. EXL specializes in operations management and analytics, aiding clients in several industries to improve efficiency and profitability.

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XANT has formed a strategic partnership with EXL, enhancing its Sales Engagement Platform through EXL's AI-driven lead qualification capabilities. This collaboration aims to improve revenue acceleration and customer experiences in sales and marketing. Narasimha Kini, EXL's Senior VP, emphasizes that this partnership will leverage data and analytics to drive success. Additionally, EXL's expertise in digital transformation will benefit both companies and their customers. XANT's platform aims to optimize sales processes, utilizing AI for better customer engagement.

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EXL (NASDAQ: EXLS) has expanded its collaboration with AWS to enhance operational capabilities in AI, Analytics, Automation, and Cloud technologies for enterprise clients. This initiative aims to overcome challenges in implementing data-driven technologies amidst legacy systems. The AI Operating System (AI:OS) will enable improved data access, redesigned workflows, and scalability through cloud-native architecture. Additionally, EXL will utilize AWS services for developing domain-specific solutions and training programs to advance digital employee capabilities.

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EXL [NASDAQ: EXLS], recognized as a Leader in the Everest Group PEAK Matrix® for P&C Insurance BPO for the seventh consecutive year, has been praised for its market impact, vision, and capability. The report emphasized EXL's diverse client base, innovative services, and significant investments in AI and advanced analytics. With a steadily growing global presence and deep domain expertise, EXL is positioned to help insurers navigate digital transformation and enhance customer experiences in a rapidly evolving market.

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EXL Launches Integrated Revenue Management Solutions

NEW YORK, June 21, 2021 – EXL (NASDAQ: EXLS) announced new Integrated Revenue Management Solutions from its EXL Health division, developed in partnership with REVELOHEALTH. This collaboration aims to enhance payment processing and revenue analytics for healthcare providers, helping them optimize revenue cycle management. Notably, the median operating margin for U.S. hospitals dropped 56% in 2020, emphasizing the need for effective financial strategies. The new solutions combine deep analytics with advanced digital workflows, aiming for more accurate and timely payment processes.

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EXL (NASDAQ: EXLS), a leading Operations Management and Analytics company, has been named a leader in all six categories of the NelsonHall 2021 Healthcare Payer NEAT Report. The report highlights EXL's capabilities in Overall, Provider Management, Plan Design and Enrollment, Member Services, Operations Transformation, and Claims and Billing. EXL Health focuses on addressing challenges in healthcare through advanced analytics and comprehensive domain expertise, assisting payers and providers in improving quality of care, patient experience, and operational efficiency.

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EXL (NASDAQ: EXLS) has been recognized as a Leader in three categories of the 2020 ISG Provider Lens™ Insurance BPO Services Report, including Life & Retirement Services and Property & Casualty Insurance Services. The report highlights EXL's extensive experience in the insurance industry and its advanced digital transformation capabilities. Key strengths noted include deep domain expertise, a robust digital TPA ecosystem, and a strong presence in the U.S. market. This recognition underscores EXL's role as a vital partner for data-led insurers, enhancing operational intelligence through innovative digital and AI solutions.

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EXL, a prominent operations management and analytics company, has forged a strategic partnership with ACORD to advance digital solutions for the property and casualty (P&C) insurance sector. This alliance focuses on enhancing operations in underwriting, distribution, and claims management by leveraging ACORD’s data standards and solutions. The partnership aims to reduce costs, improve data exchange accuracy, and accelerate processes, ultimately enhancing client experiences in insurance services.

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FAQ

What is the current stock price of ExlService Holdings (EXLS)?

ExlService Holdings (EXLS) last closed at $43.61.

What is the market cap of ExlService Holdings (EXLS)?

The market cap of ExlService Holdings (EXLS) is approximately $6.6B.