Developer docs
API playgroundTry for free, no card

Search company profiles

Xchanging

Full company profile

uuid0007n73

Namestring
Xchanging
Websiteurl
xchanging.com
Company typeenum
Public
Founded yearint
1999
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersLondon, United Kingdom
HQ citystring
London
HQ countrystring
United Kingdom
HQ regionstring
Europe
Markets served

Serves global market

Keyword5 values
business processing services, BPO services, procurement outsourcing, financial services processing, insurance processing
Industry3 codes
1Intercompany & Consolidation Support (Eliminations, Group Reporting Support)
CodeBPAAAGAGPrimaryYes
2OCR, ICR & Intelligent Document Processing (IDP)
CodeBPAAAKABPrimaryNo
3Data Extraction & Structuring (Invoices, POs, Receipts, KYC)
CodeBPAAAKAFPrimaryNo
NAICS code3 codes
  • Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services51821
  • Custom Computer Programming Services541511
  • Computer Systems Design and Related Services5415
SIC code2 codes
  • Services-Computer Programming, Data Processing, Etc.7370
  • Services-Computer Programming Services7371
Product category
Business Process Services
Cost components4 values
Personnel, Operations, Technology or R&D, Marketing or Sales
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Xchanging is described as "one of the largest and fastest growing business processors," delivering business process outsourcing (BPO) and technology-enabled processing services to enterprise clients. The company's acquisition history spanning financial services (FondsServiceBank), data integration (Data Integration, Total Objects), and procurement/insurance services (Kedrios, MarketMaker4, Spikes Cavell & Co) indicates diversified service lines serving enterprise customers across multiple verticals.

Differentiator
Functional benefit
Problem solved
Product and service4 records
1Business Processing Services
CategoryBusiness Process Outsourcing
Description

Business processing and BPO services for enterprise clients, delivered as the company's core offering. The firmographic description identifies Xchanging as 'one of the largest and fastest growing business processors,' serving enterprise customers across financial services, insurance, and other verticals.

2Fund Servicing and Administration
CategoryFinancial Services
Description

Fund servicing and administration services for asset management firms and financial institutions, acquired via FondsServiceBank and integrated into Xchanging's service portfolio.

3Data Integration Services
CategoryTechnology Services
Description

Data integration and cloud platform services, acquired via Data Integration (June 2010) and Total Objects (July 2014), supporting enterprise clients with data and integration processing needs.

4Procurement and Insurance Processing Services
CategoryProcurement and Insurance Services
Description

Procurement and insurance processing services for enterprise clients, built through acquisitions of Kedrios (2010), MarketMaker4 (2013), and Spikes Cavell & Co (2015), serving customers needing outsourced procurement and insurance processing capabilities.

Scale indicator6 records

Each record includes

Type, Value, Description, Source

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight2 records

Each record includes

Type, Description

Peers10 records
1Genpact
TypeDirect peer
Description

Global professional services firm with a large finance & accounting and risk & compliance BPO practice serving banking, insurance, and capital markets clients—the same core verticals Xchanging operates in.

2WNS Holdings
TypeDirect peer
Description

India-headquartered BPO focused on industry-specific processes for banking, financial services, insurance, and healthcare, overlapping directly with Xchanging's finance-and-administration processing focus.

3EXL Service
TypeDirect peer
Description

Operations management and analytics company with deep BPO exposure in insurance, banking, and financial services, competing for similar finance-and-accounting outsourcing mandates.

4Firstsource Solutions
TypeDirect peer
Description

India-listed BPO specializing in banking, financial services, insurance, and healthcare back-office processing—directly comparable in scale, geography, and service mix.

5Infosys BPM
TypeDirect peer
Description

BPM arm of Infosys providing finance & accounting, procurement, and industry-specific BPO, targeting the same enterprise client base for outsourcing of back-office workflows.

6Cognizant
TypeBroad incumbent
Description

Large IT services incumbent with a substantial BPO and digital operations practice covering finance, accounting, and insurance processing across enterprise clients.

7Wipro
TypeBroad incumbent
Description

Global IT and BPO provider whose BPO unit covers finance & accounting, customer support, and industry-specific processing, competing for shared enterprise BPO RFPs.

8Tata Consultancy Services
TypeBroad incumbent
Description

Largest Indian IT services firm with a sizable BPO and business-process services practice serving banking, insurance, and capital markets end markets comparable to Xchanging's verticals.

9HCL Technologies
TypeBroad incumbent
Description

Global IT services provider offering finance & accounting, ERP, and business process services, competing in adjacent rather than identical BPO mandates.

10Accenture
TypeBroad incumbent
Description

Global professional services incumbent with extensive finance-and-accounting, risk, and operations transformation practices that subsume much of the BPO work Xchanging targets.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat2 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights4 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A6 records

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment1 record

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Xchanging

Business Process Servicesxchanging.com

Xchanging firmographics

Firmographics
Name
Xchanging
Website
https://xchanging.com
Company type
Public
Founded year
1999
Operating status
Operating
Headcount range
101–250 employees
Ownership category
akta.pro rank

Xchanging industry classification

Industry
Product category
Business Process Services
NAICS
Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821), Custom Computer Programming Services (541511), Computer Systems Design and Related Services (5415)
SIC
Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Programming Services (7371)
akta.pro primary industry
Intercompany & Consolidation Support (Eliminations, Group Reporting Support) (BPAAAGAG)
akta.pro secondary industries
OCR, ICR & Intelligent Document Processing (IDP) (BPAAAKAB), Data Extraction & Structuring (Invoices, POs, Receipts, KYC) (BPAAAKAF)

Keywords

  • Business processing services
  • BPO services
  • Procurement outsourcing
  • Financial services processing
  • Insurance processing

Where Xchanging is headquartered

Location

Headquarters

HQ city
London
HQ country
United Kingdom
HQ region
Europe

Markets served

Xchanging business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Technology or R&D, Marketing or Sales

Xchanging product offering

Product offering

Core offering

Xchanging is described as "one of the largest and fastest growing business processors," delivering business process outsourcing (BPO) and technology-enabled processing services to enterprise clients. The company's acquisition history spanning financial services (FondsServiceBank), data integration (Data Integration, Total Objects), and procurement/insurance services (Kedrios, MarketMaker4, Spikes Cavell & Co) indicates diversified service lines serving enterprise customers across multiple verticals.

Differentiator

Problem solved

Functional benefit

Products and services

  • Business Processing Services Business processing and BPO services for enterprise clients, delivered as the company's core offering. The firmographic description identifies Xchanging as 'one of the largest and fastest growing business processors,' serving enterprise customers across financial services, insurance, and other verticals.
  • Fund Servicing and Administration Fund servicing and administration services for asset management firms and financial institutions, acquired via FondsServiceBank and integrated into Xchanging's service portfolio.
  • Data Integration Services Data integration and cloud platform services, acquired via Data Integration (June 2010) and Total Objects (July 2014), supporting enterprise clients with data and integration processing needs.
  • Procurement and Insurance Processing Services Procurement and insurance processing services for enterprise clients, built through acquisitions of Kedrios (2010), MarketMaker4 (2013), and Spikes Cavell & Co (2015), serving customers needing outsourced procurement and insurance processing capabilities.

Companies that use Xchanging

Customer profile

Ideal customer profiles1 record

Xchanging technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Xchanging partnerships and signals

Strategic signal

Scale indicators6 records

Recent moves6 records

Expansion highlights2 records

Xchanging competitors and assessment

Company assessment

Direct peers

  • Genpact: Global professional services firm with a large finance & accounting and risk & compliance BPO practice serving banking, insurance, and capital markets clients—the same core verticals Xchanging operates in.
  • WNS Holdings: India-headquartered BPO focused on industry-specific processes for banking, financial services, insurance, and healthcare, overlapping directly with Xchanging's finance-and-administration processing focus.
  • EXL Service: Operations management and analytics company with deep BPO exposure in insurance, banking, and financial services, competing for similar finance-and-accounting outsourcing mandates.
  • Firstsource Solutions: India-listed BPO specializing in banking, financial services, insurance, and healthcare back-office processing—directly comparable in scale, geography, and service mix.
  • Infosys BPM: BPM arm of Infosys providing finance & accounting, procurement, and industry-specific BPO, targeting the same enterprise client base for outsourcing of back-office workflows.

Broad incumbents

  • Cognizant: Large IT services incumbent with a substantial BPO and digital operations practice covering finance, accounting, and insurance processing across enterprise clients.
  • Wipro: Global IT and BPO provider whose BPO unit covers finance & accounting, customer support, and industry-specific processing, competing for shared enterprise BPO RFPs.
  • Tata Consultancy Services: Largest Indian IT services firm with a sizable BPO and business-process services practice serving banking, insurance, and capital markets end markets comparable to Xchanging's verticals.
  • HCL Technologies: Global IT services provider offering finance & accounting, ERP, and business process services, competing in adjacent rather than identical BPO mandates.
  • Accenture: Global professional services incumbent with extensive finance-and-accounting, risk, and operations transformation practices that subsume much of the BPO work Xchanging targets.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights4 records

Customer concentration

Xchanging social profiles

Digital presence

Xchanging financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Xchanging leadership team

Management profile

Number of profiles

Xchanging funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Xchanging M&A and investment

M&A and investment

M&A6 records

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Xchanging

What does Xchanging do?

Xchanging is described as "one of the largest and fastest growing business processors," delivering business process outsourcing (BPO) and technology-enabled processing services to enterprise clients. The company's acquisition history spanning financial services (FondsServiceBank), data integration (Data Integration, Total Objects), and procurement/insurance services (Kedrios, MarketMaker4, Spikes Cavell & Co) indicates diversified service lines serving enterprise customers across multiple verticals.

Is Xchanging a public or private company?

Xchanging is a public company. It is classified as public and is currently operating.

When was Xchanging founded?

Xchanging was founded in 1999. It employs 101 to 250 people.

Where is Xchanging based?

Xchanging is headquartered in London, United Kingdom, in the Europe region.

Who are Xchanging's main competitors?

Direct peers on record are Genpact, WNS Holdings, EXL Service, Firstsource Solutions and Infosys BPM. Broad incumbents are Cognizant, Wipro, Tata Consultancy Services, HCL Technologies and Accenture.

Does Xchanging have an API?

No public API is recorded for Xchanging.

What industry is Xchanging in?

Xchanging's product category is Business Process Services. Its primary akta.pro industry code is BPAAAGAG, Intercompany & Consolidation Support (Eliminations, Group Reporting Support), with a secondary code of BPAAAKAB, OCR, ICR & Intelligent Document Processing (IDP). Its NAICS code is 51821 and its SIC code is 7370.

Unlock the full company data

50 free credits on sign-up, no credit card required.

Contact sales
Live signals
ScanXXchanging Solutions passes all seven resolutions at 25th AGMXchanging Solutions passed all seven resolutions at its 25th AGM on September 15, 2026, with the meeting concluding in 46 minutes. Promoters voted 100% in favor, while institutional shareholders dissented on the executive director re-appointment with 39.33% against. Two related-party transactions with US subsidiaries were approved with 99.88% public support.ScanXXchanging Solutions files FY26 sustainability report; turnover ₹4,105 lakhXchanging Solutions filed its FY26 Business Responsibility and Sustainability Report (BRSR) with stock exchanges, disclosing a turnover of ₹4,105.16 lakh and a net worth of ₹30,459.16 lakh as of March 31, 2026. The Bengaluru-headquartered IT services company reported that exports accounted for 67.80% of its total turnover, while related party transactions constituted a significant portion of its purchases and sales.ScanXXchanging Solutions declares ₹2 per share final dividend for FY26Xchanging Solutions has proposed a final dividend of ₹2 per share for the financial year ended March 31, 2026, subject to approval at its upcoming Annual General Meeting. The Board also reported a 9.8% year-on-year increase in consolidated net profit to ₹151.2 million for Q1 FY27, driven by strong performance from overseas subsidiaries despite a decline in standalone domestic metrics.Business StandardXchanging Solutions consolidated net profit rises 10.85% in the March 2026 quarterXchanging Solutions reported a 10.85% rise in consolidated net profit to Rs 16.24 crore for the quarter ended March 2026, compared to Rs 14.65 crore in the same period last year. Sales for the quarter grew marginally by 1.10% to Rs 51.30 crore. For the full year ended March 2026, net profit increased 19.91% to Rs 59.45 crore on the back of 9.75% higher sales at Rs 202.92 crore.Business StandardXchanging Solutions consolidated net profit declines 8.98% in the December 2025 quarterXchanging Solutions reported an 8.98% decline in consolidated net profit for the quarter ended December 2025, falling to Rs 13.18 crore from Rs 14.48 crore in the same quarter of 2024. Despite the profit decline, the company's sales rose 6.97% year-over-year to Rs 48.82 crore, indicating revenue growth but margin compression during the period.Business StandardXchanging Solutions Ltd Quarterly Results, 23 Apr 2026Xchanging Solutions Ltd reported its Q3 FY25-26 financial results, showing a decrease in revenue and net profit quarter-on-quarter, but year-on-year growth in key financial metrics. Total revenue was ₹48.82 crore, down 7.56% QoQ, while net profit was ₹13.18 crore, down 18.94% QoQ. The report also includes detailed financial comparisons and stock performance data.FutureCFOCIMA names presidentThe Chartered Institute of Management Accountants (CIMA) appointed Simon Bittlestone as its 91st President and Chair of the Association of International Certified Professional Accountants. During his tenure, the organizations will prioritize innovation through new technologies like AI, value creation via sustainability strategies, and fostering inclusion within the profession. Bittlestone brings extensive experience from finance technology firms including Metapraxis and Xchanging PLC.WsjU.S. IT Company Discloses Potential Sanctions ViolationsDXC Technology Co. filed a quarterly report with the SEC disclosing a voluntary disclosure to U.S. and U.K. regulators about potential sanctions violations. The issue stems from insurance and claims data processed by joint ventures partially owned by Xchanging PLC, acquired in 2016. DXC is completing its internal investigation and plans to submit supplemental information to OFAC early next year.GlobeNewswireEbix, Inc. Reports Possible Offer for Xchanging PlcEbix sent a letter to Xchanging's board proposing an all-cash offer of 175 pence per share, valuing the company at approximately £450 million. The offer represents a premium of over 9% to Capita's offer and over 3% to Computer Sciences' proposal. Ebix must decide by December 9 whether to proceed.GlobeNewswireXchanging Recognized as the Leading Capital Markets BPO Provider in Everest Group's Annual Report on the Banking and Financial Services BPO MarketXchanging was named the leading Capital Markets BPO provider by Everest Group, with 23% European market share and 16% global revenue share. The company has over 900 employees and 200 customers, with growth driven by investment banking and custody. Xchanging plans to leverage its position for future growth.