The Hindu Business Line : Progeon, Hazell Carr ally to tap pensions market

PROGEON, the business process outsourcing (BPO) subsidiary of Infosys Technologies, has entered into a strategic alliance with Hazell Carr to tap the pensions market in the United Kingdom.

Hazell Carr, the UK-based business process management firm, provides services to life assurance companies and corporates with pension schemes.

The alliance will provide UK customers the dual advantage of Hazell Carr's immense domain knowledge and experience in this space as well as Progeon's strong technology expertise and process disciplines, said a Progeon press release.

Progeon, along with Hazell Carr, will also offer clients an integrated onshore/offshore outsourcing option, under which work can be performed at locations of both companies, which are best suited for the client. Hazell Carr's areas of expertise include long-term business process outsourcing in group pensions administration as well as short-term outsourcing in areas such as endowment complaints. Through its subsidiary HCPC plc, it also provides final salary administration and advice for the trustees of pension schemes. Commenting on the tie-up, Mr Akshaya Bhargava, CEO, Progeon, said the company through this alliance expected to tap the UK pensions market and also gain an entry into the Hazell Carr's clientele.

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