The BPO services arm of the Bangalore-based firm, Infosys BPO, will supply back-office services for the a.s.r. labelled pensions administration system from April 1, 2015, Infosys said in a statement. Eighty seven employees of a.s.r.
Infosys BPO said it has secured an IT services deal with Dutch insurance services firm a.s.r. for supporting back-office operations.
The BPO services arm of the Bangalore-based firm, Infosys BPO, will supply back-office services for the a.s.r. labelled pensions administration system from April 1, 2015, Infosys said in a statement. Eighty seven employees of a.s.r.
will be transferred to Infosys BPO. The contract was signed at the end of January by a.s.r. CEO Jos Baeten and from Infosys BPO CEO and Managing Director Anup Uppadhayay, it added.
a.s.r. also offers a wide range of financial products covering non-life, life and income protection insurance, group and individual pensions, health insurance and travel & leisure and funeral insurance. It also invests in developing and operating real estate.
"To support our vision on continuous improvement of our client services and to be more cost effective, we have selected Infosys BPO to run our pensions back-office administration," Baeten said. Uppadhayay said Organisations like a.s.r. need to be focused on their core business and are therefore looking to partner with experts like Infosys BPO to streamline their operations and enable seamless running of business processes.
Infosys stock price
On February 06, 2015, at 11:13 hrs Infosys was quoting at Rs 2220.40, up Rs 26.80, or 1.22 percent. The 52-week high of the share was Rs 4401.00 and the 52-week low was Rs 1447.00.
The company's trailing 12-month (TTM) EPS was at Rs 104.69 per share as per the quarter ended December 2014. The stock's price-to-earnings (P/E) ratio was 21.21. The latest book value of the company is Rs 366.51 per share. At current value, the price-to-book value of the company is 6.06.
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