Financial Times FT.com

Xchanging expects to benefit from downturn

By David Fickling

Published: March 2 2009 23:24 | Last updated: March 2 2009 23:24

Xchanging, the financial back-office outsourcer, expects continued growth in 2009 in spite of the downturn in the financial sector.

Increasing financial regulation will boost business at the group, and the economic downturn will provide a catalyst for companies to outsource their non-core processing systems, said David Andrews, chief executive.

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