Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

SIX Telekurs Strengthens Its Data Production Centers In Poland And India

Date 10/01/2012

SIX Telekurs has renewed and enhanced its existing outsourcing contractwith Capgemini for data production centers in Poland and India. As a consequence, it has decided to shift additional manual data input from five in-house locations to Poland and India. This partial shift of its in-house data input will affect around 70 positions at SIX Telekurs globally.

SIX Telekurs has performed well with respect to its global manual dataproduction. As part of its strategy and ongoing efforts to remain a high-quality and efficient data provider, it will place more emphasis on its existing data production centers in Poland and India, which are operated by Capgemini. In the last few years, these data production centers have grown successfully. SIX Telekurs recently renewed and enhanced its outsourcing contract with Capgemini for these centers, which will ensure a long-term partnership and puts even more focus on quality, efficiency and continuous process improvements.

As a consequence, SIX Telekurs will shift additional manual data input from five in-house locations to Poland and India. The affected locations are Belgium, Luxemburg, Switzerland, the United Kingdom and the United States.

This decision taken by SIX Telekurs will cause redundancies in early 2012. Globally, around 70 positions will be affected, of which around 25 positions are at the company’s headquarters in Switzerland. These measures aim at maintaining SIX Telekurs’ strong position in an increasingly competitive market, where manycompetitors have already centralized such functions in low cost countries.