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Wednesday 11 August, 2010

Xchanging

XCHANGING APPRENTICE TRAINING PROVISION TO BAE ...






Press Release

XCHANGING APPRENTICE TRAINING PROVISION TO BAE SYSTEMS RECEIVES TOP RATING FROM
OFSTED

Xchanging's Funded Learning Programmes Services receives 'Grade 1 Outstanding'
for BAE Systems' provision of apprenticeships

LONDON,  11 August 2010 - Xchanging  is delighted to  have been recognised in an
OFSTED  report  as  'Grade  1 Outstanding'  for  the  Funded Learning Programmes
Services  it provides to BAE Systems' apprenticeships scheme. OFSTED inspect and
regulate  to achieve excellence in the care of children and young people, and in
education and skills for learners of all ages.

Xchanging  supports BAE Systems  in developing skills  and talent for the future
through the Funded Learning Programmes Service, part of the Skills 2020 strategy
from BAE Systems. Each year Xchanging recruits over 200 apprentices on behalf of
BAE Systems, and manages and trains approximately 800 learners at various stages
of  their  apprenticeships  in  the  UK.  Through  its Skills 2020 strategy, BAE
Systems  is  committed  to  investment  in  its  people and ensuring a continued
pipeline of engineering talent.

Commenting  on the rating, Nigel Whitehead, BAE Systems Group Managing Director,
Programmes  & Support said, "The OFSTED result is a source of enormous pride for
the  Company, our apprentices and  their training managers. Apprenticeships make
excellent  business sense  for BAE  Systems with  the cost  of our investment in
their  training and  development repaid  within one  year of completion of their
apprenticeship".

The  success  stems  from  a  strong  partnership  approach between BAE Systems,
Xchanging  and other learning partners. In particular the report notes that "BAE
Systems  has a  very close  working relationship  with its  main sub-contractor,
Xchanging".  The report  goes on  to state  that "Xchanging staff work extremely
effectively  with  business  managers"  with  the result that apprentices "enjoy
their training and speak highly of their experience".

Paddy  Byrne,  Xchanging  Executive  Director  of  UK Region added, "We are very
pleased  to have managed and delivered  an Apprentice training capability to BAE
Systems for over nine years. This Ofsted rating illustrates the effectiveness of
the  programme with BAE  Systems and our  commitment to improving skills through
access to funded learning programmes".

About Xchanging's Funded Learning Programmes Services

Xchanging  trains and assesses the  competence of approximately 1000 apprentices
every  year and manages six  Awarding Organisation accredited assessment centres
on behalf of its customers.

In 2009, Xchanging supported apprentices and customers to win over 10 awards and
achieve  two OFSTED 'Grade 1 - Outstanding' ratings for overall effectiveness of
provision.

Providing advisory services to BAE Systems to manage over £4M government funding
per  annum,  Xchanging's  Funded  Learning  Programme  is scrutinised through an
independent  financial audit  for the  appropriate use  of funds.  The programme
success rates are over 85%, compared to a national average of 71%.

- ENDS -

For further information, please contact:

Xchanging Group PR

Meeta Thareja                                 Tel: +44 (0)20 7780 5374
meeta.thareja@xchanging.com

Xchanging UK

Tim Hymans                                  Tel : +44 (0)1634 887 618
tim.hymans@xchanging.com

Cardew Group                                 Tel: +44 (0)20 7930 0777
xchanging@cardewgroup.com

About Xchanging

Xchanging  is one of the largest and fastest growing business processors. With a
wide  range of multinational customers in 42 countries and employing over 8,000
people,  we are a  truly global company.  Our aim is  simply to provide business
processing services better, cheaper and faster.

Xchanging  provides  procurement,  accounting,  human  resources  and technology
services  across  industries.  These  include banking, insurance, manufacturing,
retail  and real estate among others.  We combine functional expertise with deep
industry   domain  knowledge  to  provide  industry-specific  outcomes  for  our
customers.

Listed  on the London Stock Exchange in 2007, the company is in the FTSE250, the
index  of  mid-capitalised  companies  traded  on  the  London  Stock  Exchange.
Xchanging is also a member of the FTSE4Good index which measures the performance
of companies that meet globally recognised corporate responsibility standards.

www.xchanging.com


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