Liberata, one of the UK's leading business process outsourcing providers and Gecis, a global offshore leader in business and technology services, announce the formation of an exclusive partnership to offer the UK life and pension industry a compelling integrated "rightshore" outsourcing solution that combines low cost and low risk with proven service delivery capability.
The partnership offers a unique solution to the UK life and pensions market with Liberata's FSA regulated systems, process and knowledge management capabilities, allied to Gecis' world-class Six Sigma process reengineering capabilities and breadth of offshore experience servicing all of GE's businesses and other blue-chip global corporations.
This integrated approach ensures flexibility to tailor the best solution to each of the life and pensions businesses in the market, all within the framework of Liberata's FSA regulated environment. Liberata and Gecis strongly believe that this partnership offers a unique, low-risk, high-quality service delivery model that will achieve significant savings for clients.
Tom Butler, CEO, Liberata, commented, "There are huge untapped savings within the GBP 3.8 billion UK life and pensions servicing market. This partnership harnesses the skills of Liberata's market leading life and pension business with the world-class offshore capabilities of Gecis to offer a flexible solution that will unlock these savings with lower risk to our clients while offering improved service delivery."
Pramod Bhasin, President and CEO, Gecis Global, said, "The partnership enables us to offer a best-in-class solution that has all the advantages of an onshore operation while maximizing offshore efficiencies and Gecis' breadth of experience across areas such as Finance & Accounting, Insurance, Analytics, Software & IT services. We will have an aggressive go-to-market strategy to seek new business and benefit from each other's pipeline."