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Cambridge Solutions was created by seasoned international executives to be that partner – a solution for Fortune 500 and fast-growing firms that understand how outsourcing can deliver the savings and efficiencies to improve profitability and at the same time, free them to focus on their core business mission. In May 2005 Cambridge Solutions was formed through merger of Cambridge LLC and Scandent Solutions.
Cambridge Solutions is a totally integrated, global service delivery system that offers a complete array of IT and business process outsourcing services. These services are combined with a strong onshore presence in the client’s home country and the expertise in knowledge-based processing to take outsourcing to a new level of efficiency and quality improvement.
Cambridge’s unique business model helps companies build a bridge to their new realities, transcending the geographies of business operations to scale new heights in economical operations and high-level service. With Cambridge, companies are connected with the realities of a global supply chain enabled by electronic technology and unhampered by geography, national boundaries, or even the constraints of physical travel.
Cambridge offers a worldwide IT and business process network that includes:
Every business arrives at a point where it must bridge the gap between strategic imperatives and available resources. To lower operating costs while increasing productivity. To improve profitability in a challenging economy. The combination of these demands – operating lean while delivering extraordinary results – makes the choice of an outsourcing partner a more critical strategic decision than ever before.
Products and services:
The company is engaged in business process outsourcing and information technology services.
ITO- Cambridge has put together a broad set of offerings that will enable them to meet the varied needs of clients, and yet make a sensible difference. The company’s core offerings range from strategic consulting to application maintenance/support through software development and application implementation services. Other services include integration, customizations, end user services, training, documentation, quality assurance, testing and legacy application migration.
BPO- Cambridge's business process outsourcing (BPO) division specializes in process consulting, transaction processing, and claims and risk management outsourcing.
Their expertise spans insurance, healthcare, banking, mortgage and financial services companies; process consulting; transaction processing, finance & accounting back office support; claims and risk management services; inbound and outbound contact centers to support all of these activities; and many other processes that require knowledge-based decision making.
NETCETA (Net enabled Commodity Electronic Trading Architecture) is a product Cambridge created in 1999. NetCETA is TESA based, end-to-end solution for derivative exchanges - trading, exchange administration and clearing house operations. It is Internet-ready, capable of being accessed through a LAN, direct dial-up and through the Internet cloud. It has Order management, Matching, Risk Management, Market Administration, Settlement and Clearing modules.
NetCETA is an end-to-end solution for derivatives exchanges - trading, exchange administration and clearing house operations. It is Internet-ready, capable of being accessed through a LAN, direct dial-up and through the Internet cloud.
A unique feature of NetCETA is that it integrates Broker front office capabilities along with Exchange Automation thereby enabling a member of an exchange to have n-number of sub traders in remote locations who can place orders on the system and have them Straight Through Processed. The Broker/Member can set the framework for each of his sub-traders separately with parameterizable limits, margin requirements, access controls, audit trails, account self-help etc. This eliminates expensive investment by the brokers in their own front office systems.
In 1999, the first version of NETCETA was implemented for Bombay Oils & Oilseeds Exchange.
Technology Partners of the company are:
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Recent developments
Xchanging Plc, a UK-based provider of business process outsourcing services to the insurance and financial market sectors, through its wholly-owned subsidiary, Xchanging (Mauritius) Limited, has acquired a 75% stake in Cambridge Solutions Limited.
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