Global Financial Services Leader Turns to DeLeeuw Associates for Lean and Six Sigma Services
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Year Two of Engagement Continues With Roll Out to New Regions
EAST HANOVER, N.J., Jan. 17 /PRNewswire-FirstCall/ -- DeLeeuw Associates, LLC, a subsidiary of Conversion Services International, Inc. (AMEX:CVN), a premier professional services firm focused on delivering the value in business intelligence, data warehousing and data management solutions to Global 2000 organizations and other businesses, today announced details of its two-year engagement with a global financial services leader for Lean and Six Sigma services.
Selected by this organization for its unique approach to Lean and Six Sigma philosophy and its significant subject matter expertise in the financial services industry, DeLeeuw Associates trained and worked with corporate stakeholders to assess, identify and prioritize the change initiatives to be implemented using Lean and Six Sigma process methodology, as well as developed and delivered customized Lean and Six Sigma training specific to this client's needs and culture. To date, this engagement has spanned 18 projects, across multiple business units and is expected to expand into Europe in 2006.
Bryan Carey, executive vice president and DeLeeuw Associates' Lean and Six Sigma practice leader said, "We bring years of best practices to every client engagement and the flexibility to tailor our deliverables for each client's specific corporate culture and environment. In this particular instance, our client has their own Six Sigma black belts on staff so our role has been to incorporate their existing processes into new programs. Clearly, our deep knowledge of the financial services industry has also been instrumental in adding significant value to our client, coupled with our ability to successfully replicate and scale the program in their other divisions."
Integral to many of the largest change events in the financial services industry for more than a decade, DeLeeuw Associates provides proven solutions, resources and control in integration management, reengineering, technology, project and change management and training initiatives. DeLeeuw Associates' Lean and Six Sigma solutions are focused on service and transactional environments, leveraging first-hand, "in-the-trenches" experience. Its team of experts includes certified master black belts, black belts, and green belts that implement business solutions using Lean and Six Sigma methodologies.
Carey continued, "Lean and Six Sigma is about getting results rapidly. We help our clients understand what their end customer ultimately wants from our clients' processes, remove non-value-add complexities, and improve speed and quality of service delivery to strengthen business-critical relationships."
About DeLeeuw Associates
DeLeeuw Associates, a wholly owned subsidiary of Conversion Services International, Inc. (AMEX:CVN), is a management consulting organization specializing in integration, reengineering, and project management. Their associates have significant experience delivering value in large-scale, fast-paced projects within all financial services sectors and financial areas.
DeLeeuw has managed and supported some of the largest merger projects in the history of the financial services industry. DeLeeuw's Lean and Six Sigma practice provides its clients with rapid, quality results, leveraging Lean to combine process speed and deployment benefits with increased customer satisfaction, reduced costs and improved revenues and profits.
About Conversion Services International, Inc.
Conversion Services International, Inc. (CSI) is a leading provider of professional services focusing on strategic consulting, data warehousing, business intelligence, business process reengineering, as well as integration and information technology management solutions. CSI offers an array of products and services to help companies define, develop, and implement the warehousing and strategic use of both enterprise-wide and specific categories of strategic data. CSI's current customers include ADP, Coach, Goldman Sachs, Liberty Mutual, Merck, Morgan Stanley, Pfizer, and Verizon Wireless. Information about CSI can be found on the web at www.csiwhq.com/ or by calling its corporate headquarters at 888-CSI-5036.
Note on Forward-Looking Statements
Except for the historical information contained herein, this press release contains, among other things, certain forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. Such statements may include, without limitation, statements with respect to CSI's plans, objectives, expectations and intentions and other statements identified by words such as "may," "could," "would," "should," "believes," "expects," "anticipates," "estimates," "intends," "plans" or similar expressions. These statements are based upon the current beliefs and expectations of CSI's management and are subject to significant risks and uncertainties, including the ability of CSI to be in compliance with all applicable American Stock Exchange continued listing requirements, the ability to maintain revenue growth, the ability to locate and acquire other businesses and to successfully integrate such acquisitions, the ability to decrease operating expenses, and those detailed in CSI's filings with the Securities and Exchange Commission. Actual results may differ from those set forth in the forward-looking statements. These forward-looking statements involve certain risks and uncertainties that are subject to change based on various factors (many of which are beyond CSI's control). CSI undertakes no obligation to update publicly any forward-looking statements.
Trademarks and registered trademarks referenced herein remain the property of their respective owners.
Source: Conversion Services International, Inc.
CONTACT: Jeanne Achille of The Devon Group, +1-732-542-2000, ext. 11,
jeanne@devonpr.com, for Conversion Services International, Inc.
Web site: www.csiwhq.com/
