ExlService Holdings, Inc.
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Company Description
- CEO
- Rohit Kapoor
- Full Time Employees
- 65,000
- Sector
- Technology
- Industry
- Information Technology Services
- Address
- 320 Park Avenue New York City NY United States of America 10022
- IPO Date
- Oct 20, 2006
- CIK
- 0001297989
- Website
- exlservice.com
- Similar Companies
- Business
- ExlService Holdings, Inc. (NASDAQ: EXLS) is a global data analytics and digital operations company that provides AI-led solutions and services to transform client business models across industries including insurance, healthcare, banking and financial services, retail, media, utilities, and transportation. Founded in 1999 and headquartered in New York, the company employs approximately 59,500 professionals spanning six continents, with delivery centers in the United States, Europe, Asia, Latin America, Australia, and South Africa, and generates over 80% of its revenue from the US. EXL offers digital operations and solutions such as claims processing, premium and benefit administration, underwriting support, policy servicing, customer experience management, payment integrity, revenue cycle optimization, finance and accounting transformation via its AI-powered Digital Finance Suite, subrogation services through the proprietary Subrosource platform, care management platforms including EXLClarity and EXLVantage, and generative AI tools like Insurance LLM, Xtrakto.AI, PayMentor, Smart Agent Assist, and EXLdata.ai; its analytics capabilities encompass data management, machine learning models for fraud detection and risk underwriting, predictive insights for customer lifecycle management, conversational business intelligence, and cloud enablement services. In August 2024, EXL acquired ITI Data, a data management firm serving major banks and healthcare companies, to bolster its data governance, risk, and compliance offerings and add Global 1000 clients in the US, Europe, and Australia. During 2024, the company executed $196.5 million in share buybacks, announced a $125 million accelerated share repurchase as part of a $500 million program, launched EXLdata.ai for enterprise AI data preparation, earned AWS Generative AI Competency status and a World Economic Forum 2025 MINDS award for Code Harbor, and restructured into new reportable segments effective Q1 2025--Insurance; Healthcare and Life Sciences; Banking, Capital Markets and Diversified Industries; and International Growth Markets--to integrate analytics across industry market units and accelerate AI strategy execution. EXL serves approximately 570 clients, including Fortune 500 and Forbes Global 2000 corporations, through long-term contracts typically spanning three to five years for digital operations, with strategic partnerships alongside NVIDIA and Databricks enhancing its AI and cloud capabilities.
Company News
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