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Andy Efstathiou

Andy is the Banking Sourcing Research Director at NelsonHall where he has global responsibility for Retail and Commercial Banking BPS, Capital Markets BPS, and RPA, AI, and FinTech services in Banking, including consulting, design & deploy, and operations support.

Huntswood - Retail Banking

Vendor Analysis

by Andy Efstathiou

published on Sep 14, 2013

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Report Overview:

Huntswood is a U.K. headquartered business process outsourcing (BPO) organization, offering BPO and consulting services across a number of industries.

Who is this Report for:

NelsonHall's Retail Banking BPO Vendor Assessment for Huntswood is a comprehensive assessment of Huntswood' retail banking BPO (RB BPO) offerings and capabilities designed for:

  • Sourcing managers monitoring the capabilities of existing suppliers of recruitment process outsourcing and identifying vendor suitability for RB BPO RFPs
  • Vendor marketing, sales and business managers looking to benchmark themselves against their peers
  • Financial analysts and investors specializing in the support services sector

Scope of this Report:

NelsonHall's Retail Banking BPO Vendor Assessment for Huntswood is a comprehensive assessment of Huntswood' retail banking BPO (RB BPO) offerings and capabilities designed for:

  • Sourcing managers monitoring the capabilities of existing suppliers of recruitment process outsourcing and identifying vendor suitability for RB BPO RFPs
  • Vendor marketing, sales and business managers looking to benchmark themselves against their peers
  • Financial analysts and investors specializing in the support services sector

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Huntswood is a private, U.K.-based business services vendor established in 1996 and headquartered in Reading, Berkshire. The company was primarily founded as a recruiting firm and evolved to help clients manage complex short-term projects.

Huntswood has three lines of business:

  • Managed client services: supports clients requiring skilled contractors to manage projects involving customers (e.g. complaints, compliance issues and sales campaigns)
  • Advisory services: advisory services on retail conduct risk management and compliance. Advisory services also provides people, learning and development for client employees (and internally for Huntswood employees)
  • Recruitment: recruiting temporary managers for clients for a specific period of time

Huntswood delivers services from three venues:

  • Reading delivery center
  • Scotland center
  • On client site

The ability to address scaling challenges will provide Huntswood an opportunity to take on a challenge that banks, who generally want to manage a long-term workforce, will not want to make. However, Huntswood will still find its profits are volatile on a quarterly and annual basis.

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