Saturday, November 19, 2005

TeleTech Acquires Philippines-based BPO company

TeleTech Holdings, Inc. announced the acquisition of FinSource Inc., an emerging Philippines-based business process outsourcing company.

FinSource, founded in 2003, is a global provider of end-to-end consumer products processing on behalf of leading international financial services firms. FinSource has domain expertise and practical business experience in designing and implementing back offices processes that meet the unique needs of its clients.

TeleTech is a global business services company that provides a full range of front-to-back office outsourced solutions including customer management, BPO, and database marketing services to measurably enhance clients' core customer management processes. TeleTech's products and services, standardized processes, and recognized capabilities to implement complex global projects make the Company a valued partner for clients that include Global 1000 businesses and governments. TeleTech partners with clients to offer 150 languages, through its more than 40,000 employees, in 17 countries.

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