Xchanging Acquires US E-Sourcing Technology Company, MarketMaker4, Expanding the Technology Offering of Its Procurement Services Business

Xchanging Acquires US E-Sourcing Technology Company, MarketMaker4, Expanding the Technology Offering of Its Procurement Services Business

LONDON, UNITED KINGDOM — (Marketwired) — 09/20/13 — , the business process, procurement and technology services provider, today announces that its subsidiary, Xchanging Inc. has acquired MarketMaker4 (MM4), an e-Sourcing technology company based in the USA, for a potential total consideration of up to $22mn, subject to certain performance criteria.MM4 brings to Xchanging-s Procurement business a proprietary Software-as-a-Service technology platform providing industry-agnostic procurement e-S

Xchanging Launches Netsett to U.S. Market at ACORD LOMA Forum

Xchanging Launches Netsett to U.S. Market at ACORD LOMA Forum

LONDON and LAS VEGAS, NV — (Marketwired) — 05/07/13 — Xchanging, the business process, procurement and technology services provider and integrator, has unveiled Netsett, the accounting and net settlement utility, to the U.S. market at the ACORD LOMA Forum in Las Vegas.The Netsett platform is the result of a partnership between Xchanging and Deutsche Bank and is set to transform the way in which global insurers and brokers transact financial settlements. The platform seeks to replicate, on a