NEW YORK, July 10, 2013 (GLOBE NEWSWIRE) -- EXL (Nasdaq:EXLS), a leading business process solutions company, and GT Nexus, a leading provider of cloud-based supply chain solutions, formed a strategic partnership to provide platform-based business process solutions to the global transportation and logistics industry.
"We run the GT Nexus platform for one of our largest clients in the transportation and logistics industry, and we know first-hand the strong value it creates in giving companies real-time insight into their global supply chains," said Bill Bloom, President, Global Client Services, EXL. "Leveraging our proven experience to generate a combined software and services offering delivers a strong value proposition for global transportation and logistics firms."
"EXL has impressive experience managing complex operations for global transportation and logistics companies, including running GT Nexus. This partnership provides an attractive opportunity to showcase our expertise to other firms in the industry," said Greg Johnsen, CMO and co-founder of GT Nexus.
Utilizing EXL's operations management expertise and GT Nexus' proprietary supply chain platform, EXL and GT Nexus run several mission-critical functions for transportation and logistics companies, such as contract rate management, shipment data collection and benchmarking and freight statistics. These activities are critical to transportation and logistics companies' ability to ensure accurate delivery and an efficient cost structure.
EXL (Nasdaq:EXLS) is a leading business process solutions company that looks deeper to drive business impact through integrated services and industry knowledge. EXL provides operations management, decision analytics and technology platforms to organizations in insurance, healthcare, banking and financial services, utilities, travel, and transportation and logistics, among others. We work as a strategic partner to help our clients streamline business operations, improve corporate finance, manage compliance, create new channels for growth and better adapt to change. Headquartered in New York and in business since 1999, EXL has more than 21,000 professionals in locations throughout the U.S., Europe and Asia. For more information, visit www.exlservice.com.
About GT Nexus
GT Nexus operates the world's largest cloud-based business network and execution platform for global trade and supply chain management. Over 25,000 businesses across industry verticals, including adidas Group, Caterpillar, Citi, Columbia Sportswear, DHL, Electrolux, Levi Strauss & Co., Kohl's, Nestlé, Pfizer, Renault, and Sears share GT Nexus as their standard, multi-enterprise collaboration platform. This enables all network participants to operate against a core, real-time and always on set of information across multiple supply chain functions, allowing them to optimize the flow of goods, funds and trade information, from the point of order through final payment. For more information please visit us at www.gtnexus.com.
CONTACT: Charles Murphy, CFA Head of Investor Relations EXL 280 Park Avenue New York, New York 10017 (212) 624-5913 email@example.comSource:ExlService Holdings, Inc.