Admerex Signs with UnionBank of Philippines

Admerex Limited (ASX:ADL) a provider of receivables lifecycle and credit risk management solutions and services today announced that UnionBank’s receivables portfolio will be managed by the Admerex Solutions Inc.(ASI) Contact Centre in Manila.

ASI provides world class facilities and expertise via a wide array of outsourced technology, people and services for the management of their receivables, tele¬leveraging needs, help desk resources and other business processes.

UnionBank stands out for its strategy, execution and performance. While many banks went for size and market share via large balance sheets, UnionBank has followed a highly focused differentiation strategy that emphasizes innovation and service. It has put technology at the heart of its business. Information and network access are a core UnionBank offer.

“We were looking for a company that can improve our collection efficiency. We chose ASI because of the experience they can share to achieve our goal” says Manuel Santiago Jr., SVP of UnionBank.

Mr. Robert Yeldon, Chief Executive Officer of Admerex stated: “We are proud to service Union Bank’s receivables as ASI will provide them the opportunity to utilize advanced receivables management technology and operations to manage their portfolios”.

ADMEREX is a leading global provider of receivables lifecycle and credit risk management solutions. Its innovative Xpert Solutions series of management software and services is operational in over 160 clients in 25 countries spanning in the finance, utility, telecommunications and debt recovery industries.

Admerex partners with its clients to manage costs, risks and receivables revenue. The company has transparent approach to its operations and brings to bear its experience, expertise, commitment and professionalism on every project. Headquartered in Sydney, the company has offices in Atlanta, Dubai, London, Manila, Melbourne and Singapore.