Press Release Archive
FORT LAUDERDALE, Fla., Oct. 19, 2011 /PRNewswire/ -- Technisource shows continued strength and dominance in the financial services market. For more than 25 years, America's top financial services firms have turned to Technisource's financial services solutions business when they are in need of the best in technology talent or services.
Technisource provides technology recruiting and staffing, assessments, project services and managed services for the full spectrum of financial services firms, ranging from private equity groups, banking and capital market organizations. For private equity sponsors, Technisource solves one of the most critical issues in realizing the potential value of portfolio investment by helping them achieve the best return on their information technology spending and investment. Technisource employs its deep industry and technology experience in providing an efficient means of integrating systems, leveraging existing resources and planning to accommodate growth. For banking and capital market organizations, Technisource provides support and expertise to ensure technology is strategically used to manage risk, improve decision making, provide superior customer service, support emerging products and services, and help to steer numerous high priority business initiatives.
"Information technology is usually one of the most costly SG&A components in a company and can be a strategic advantage or a source of extreme value," stated John Baschab, senior vice president of managed services for Technisource. "In most cases, businesses cannot compete successfully or even operate without effective technology. Technisource provides the expertise to integrate technology, as well as, provide the critical component of human capital and know-how to make the technology work."
Below are a few highlights of customers that leveraged Technisource's capabilities:
- Fortune 50 Financial Institution – complex processes and procedures built around an aging and entrenched IT project management and estimating methodology led to unnecessarily high development costs and schedule overruns. Technisource's re-engineered process resulted in savings to the client of 181,000 man-hours. This translated into approximately $11 million in annual productivity improvement.
- Global Intergovernmental Organization - supporting significant numbers of internal IT users with around-the-clock help desk support was a costly endeavor for this Washington D.C. based organization. Technisource greatly reduced the client's annual help desk operating costs by outsourcing two-thirds of the Level 1 support.
- Global Financial Institution – the global firm struggled to find and retain qualified IT staff with the necessary experience and skills. Technisource provided highly qualified candidates who improved job performance in such areas as reductions in system rebuilds and faster delivery times. By providing such talented and experienced personnel, the client was able to reduce its number of full-time employees by 55, thereby realizing a significant cost savings.
Technisource, one of the largest technology talent and services providers in North America, provides comprehensive suite of technology services, including recruiting and staffing, assessments, project services and managed services to Fortune corporations, mid-sized companies and small organizations. With nearly 40 years of experience, Technisource maintains a group of 8,000 experienced consultants to provide services through its network of more than 56 offices across the U.S. and Canada. Technisource is now a part of Randstad (RAND.AS). For more information, please visit www.technisource.com.
Randstad specializes in solutions in the field of flexible work and human resources services. Our services range from regular temporary staffing and permanent placement to inhouse, professionals, search & selection, and HR Solutions. The Randstad Group is one of the leading HR services providers in the world with top three positions in Argentina, Belgium & Luxembourg, Canada, Chile, France, Germany, Greece, India, Mexico, the Netherlands, Poland, Portugal, Spain, Switzerland and the UK, as well as major positions in Australia and the United States. End 2010 Randstad had approximately 27,500 employees working from close to 4,200 branches and inhouse locations in 43 countries around the world. Randstad generated a revenue of euro 14.2 billion in 2010. Randstad was founded in 1960 and is headquartered in Diemen, the Netherlands. Randstad Holding nv is listed on the NYSE Euronext Amsterdam, where options for stocks in Randstad are also traded. For more information see www.randstad.com.