Xchanging Selects Pegasystems as Group-wide BPM Standard

CAMBRIDGE, Mass. and READING, Berks — April 30, 2007 — Central to its drive to reduce operational costs and deliver better customer service, Xchanging, the leading business process services company, has chosen PegaRULES Process Commander® (PRPC) from Pegasystems as its enterprise-wide business process management standard.

An initial three-month process improvement project will be undertaken with the Group's commercial insurance business unit, XIS, which provides policy and premium processing for Lloyd's and Companies insurance markets in London. Over the next two years, PRPC will be rolled out across the enterprise, including the rest of Xchanging's Insurance, Financial Services and Business Lines sectors.

Driving BPO leadership

Xchanging is a leading business process outsourcing company providing industry specific processing to the banking and insurance industries and procurement, finance and accounting and human resources services to customers across industries.

"Our goal in selecting a BPM solution is to achieve significant process simplification and optimization across our business," confirms Jonathan Bradshaw, Insurance Sector Managing Director of Implementation. "At the same time, it is imperative that the solution enables us to deliver comprehensive, real time service performance measures to Xchanging management and our clients."

"We have chosen Pegasystems as it is recognized as an industry leader and the rules-based PRPC solution has a proven ability to deliver rapid and substantial process improvement. There is also an ideal 'fit' between the two companies as, like Xchanging, Pegasystems has a highly responsive, goal-oriented culture."

Bridging the gap

Built on top of the PegaRULES enterprise Rules Engine, PRPC narrows the commonly-found gap between business goals and execution, by enabling enterprises to manage the full lifecycle of work day to day, at the same time driving continuous improvement.

"PRPC is a highly graphical and rapid solution development environment, execution engine and management dashboard, all in one," confirms Pegasystems managing director of Europe, David Wells. "As a result, its unique enterprise process integration approach gives large complex enterprises like Xchanging vital control over their operation, enabling the business to focus on such critical success factors as productivity, quality, agility and service delivery."

Pegasystems has already enjoyed major success in the North American insurance market and Paul Maguire Director of UK Sales, Pegasystems believes that the decision by Xchanging to adopt it as its strategic solution, "reflects a growing recognition in Europe that PRPC offers an ideal architectural fit for insurance companies and outsourcers. Equally importantly, it provides a platform for rapid and cost-effective legacy transformation — critical in today's fast-changing and increasingly collaborative insurance market."

Bradshaw agrees and adds: "We are looking to the Pegasystems rules-based BPM solution to provide us with the scalability, flexibility and control that we need to meet the most demanding processing requirements in any industry sector."

About Pegasystems

Pegasystems (NASDAQ: PEGA) develops strategic applications for marketing, sales, service, and operations. Pega’s applications streamline critical business operations, connect enterprises to their customers seamlessly in real-time across channels, and adapt to meet rapidly changing requirements. Pega’s Global 3000 customers include many of the world’s most sophisticated and successful enterprises. Pega’s applications, available in the cloud or on-premises, are built on its unified Pega 7 platform, which uses visual tools to easily extend and change applications to meet clients’ strategic business needs. Pega’s clients report that Pega gives them the fastest time to value, extremely rapid deployment, efficient re-use, and global scale. For more information, please visit us at www.pega.com.

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The information contained in this press release is not a commitment, promise, or legal obligation to deliver any material, code or functionality. The development, release and timing of any features or functionality described remains at the sole discretion of Pegasystems, Pegasystems specifically disclaims any liability with respect to this information.


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