EXL acquires data and AI consulting market leader Aimpoint Digital to expand forward-deployed AI capabilities and accelerate enterprise transformation

(NASDAQ:EXLS) EXL, a global data and AI company, announced the acquisition of Aimpoint Digital, a data and AI consulting and platform engineering firm. Aimpoint Digital is recognized for building enterprise data and AI platforms and has deep expertise with partners such as Anthropic, Databricks, and Snowflake. The acquisition is intended to strengthen EXL’s ability to support clients across the full AI transformation lifecycle and deepen relationships with key technology partners. Financial terms of the transaction were not disclosed. Rohit Kapoor, chairman and chief executive officer of EXL, stated that Aimpoint Digital’s strategists and engineers will help turn AI strategy into production reality on trusted platforms. Ben Yopp, chief executive officer and cofounder of Aimpoint Digital, commented that joining EXL will allow for more breakthrough work at a larger scale. The combined companies will provide clients with continuity from strategy through architecture, engineering, production deployment, and managed operations. The acquisition adds approximately 250 experienced AI engineers, platform architects, analytics consultants, decision scientists, and AI strategists to EXL's data and AI capabilities. This expansion increases EXL’s forward-deployed talent base and adds capacity for complex, multi-year transformations. Aimpoint Digital brings deep expertise working with strategic partners, expanding EXL's partner ecosystem and deepening expertise with Anthropic, Databricks, and Snowflake. The acquisition builds on EXL’s recent acquisition of iMerit, a global leader in AI model training, evaluation, and reinforcement learning. Together, iMerit and Aimpoint Digital extend EXL’s ability to support clients from strategy and architecture through engineering, deployment, and managed AI operations. EXL’s disciplined strategy focuses on extending its data and AI capabilities through investments in innovation, acquisitions, and talent. EXL was founded in 1999 and has over 74,000 employees spanning six continents.

EXL named an OpenAI Select Partner

(NASDAQ:EXLS) EXL announced that it has been named an OpenAI Select Partner within the OpenAI Partner Network. The OpenAI Partner Network is a global program that provides partners with resources, enablement, and support to build, sell, and deliver AI solutions using OpenAI technologies. As an OpenAI Select Partner, EXL will collaborate with OpenAI to help organizations build, deploy, and scale AI responsibly. This partnership aims to enable organizations to utilize OpenAI frontier models across their businesses, leveraging deeper reasoning and computer use to complete workflows and deliver finished work. Vishal Chhibbar, executive vice president and chief revenue officer of EXL, stated that being named an OpenAI Select Partner reflects the company's approach of combining frontier AI with a deep understanding of client businesses to deliver outcomes. He emphasized that clients trust EXL to apply these capabilities across entire journeys with accountability for results, and that this trust has been built over years of working inside client operations. EXL specializes in bringing together data, context, and AI to assist organizations in industries such as insurance, financial services, healthcare, and life sciences, particularly those that are heavily regulated and operationally complex. The company's work includes helping insurers reimagine underwriting, claims management, and administrative workflows. EXL also supports health plans in integrating AI payment integrity and patient engagement systems. For financial service leaders, EXL transforms risk and compliance, credit decisioning, and customer engagement initiatives. Looking ahead, EXL plans to continue working with OpenAI to create new capabilities for the industries it serves and to scale OpenAI-powered deployments that take ownership of entire client journeys. The company aims to help clients turn AI into real business outcomes. EXL was founded in 1999 and is headquartered in New York. The company has over 74,000 employees spanning six continents. EXL's clients include leading corporations across insurance, healthcare, banking and capital markets, retail, communications and media, and energy and infrastructure.

EXL transforms client workflows with the integration of agentic AI into core insurance and healthcare solutions

(NASDAQ:EXLS) EXL, a global data and AI company, announced the integration of agentic AI across its core insurance and healthcare solutions, combining workflow orchestration, enterprise data intelligence, and AI-powered automation to modernize operations and improve client experiences. The company is embedding AI agents directly into its offerings, including the reimagined EXL LifePRO and EXL Payment Integrity solutions. EXL LifePRO Agentic Suite™ is designed to address slow product launch cycles in the life insurance industry, where most insurers require eight to ten months to bring a new product to market. According to a 2025 LIMRA and Bain & Company study, approximately 100 million Americans say they need life insurance but have not purchased it, while only 9.4 million policies were sold in 2024. The EXL LifePRO Agentic Suite compresses the product launch cycle to as few as 16 weeks by automating manual workflows, leveraging AI agents to ingest product specifications, interpret rules and rates, and propose executable configurations. The suite increases straight-through processing with gains ranging from 18-60% and provides full audit trails for actuarial, risk, and compliance sign-off. EXL clients have experienced approximately 30-40% reductions in configuration and testing efforts using this enhanced capability. EXL Payment Integrity supports the shift in health plans from reactive post-payment recovery to pre-pay decisioning, deploying coordinated AI agents to connect clinical, coding, and payment decisions, automate routine investigations, and route complex cases to human experts. Auditors handling high-yield clinical reviews are approximately 50% more productive, and health plans using AI across all audit types see approximately 15–20% per member per month savings growth without increasing headcount. Vikas Bhalla, president and head of AI services and operations at EXL, stated that these solutions reflect years of domain expertise and are designed to operate inside the workflow. Both EXL LifePRO Agentic Suite and EXL Payment Integrity with agentic AI are available now. EXL will showcase the LifePRO Agentic Suite at its L&A Insurance Conference from October 11–13. EXL was founded in 1999 and has approximately 68,000 employees.

EXL's seventh Sustainability Report showcases continued measurable progress across CSR, emissions reductions, renewable energy and responsible AI governance

(NASDAQ:EXLS) EXL announced the publication of its seventh annual Sustainability Report, titled 'Embedding Sustainability', detailing the company's sustainability progress during 2025. The report highlights measurable progress against EXL’s baseline commitments, including the expansion of community and education initiatives and the integration of responsible AI and data governance principles. Ajay Ayyappan, executive vice president and general counsel, stated that sustainability is central to EXL’s business strategy and emphasized the company’s ongoing efforts to improve. In 2025, approximately 78% of EXL’s global workforce participated in volunteering and giving, contributing nearly 100,000 volunteer hours that benefited more than 139,000 individuals worldwide. The company achieved a 64% decrease in combined Scope 1 and 2 greenhouse gas emissions since the 2019 baseline, and a 19% decrease in Scope 3 emissions. EXL’s global energy portfolio reached 54% renewable energy, up from 44% in 2024. Approximately 74% of EXL’s operational space is now in green or LEED-certified facilities. The company achieved ISO 42001 certification for AI management systems. The 2025 Sustainability Report was prepared in accordance with the Global Reporting Initiative Standards and the Sustainability Accounting Standards Board Software and IT Services Standard, with climate-related disclosures aligned to the Task Force on Climate-related Financial Disclosures. EXL’s reporting also maps to the United Nations Sustainable Development Goals and reflects its commitment to the United Nations Global Compact. The full report is available at www.exlservice.com/about/sustainability.

EXL to acquire iMerit, advancing its leadership in enterprise AI by adding foundation model expertise and technology

(NASDAQ: EXLS) ExlService Holdings, Inc. announced a definitive agreement to acquire iMerit for up to $310 million in upfront and future consideration. The acquisition involves an upfront consideration of $170 million, with an additional $140 million in incentives and earnouts over two years contingent on meeting specified milestones. The transaction is expected to close in the third quarter of 2026, subject to customary closing conditions, including expiration or termination of the waiting period for applicable antitrust regulations. EXL will integrate iMerit’s Ango platform and Scholars network with its agentic platforms, including EXLerate.ai, EXLdata.ai, and EXLdecision.ai. EXL has over 67,000 employees spanning six continents and was founded in 1999. The company is headquartered in New York and will host a conference call on June 24, 2026, at 12:00 P.M. ET to provide additional information. The company projects that the acquisition will strengthen EXL’s AI strategy and expand its reach into high-growth AI tech sectors.

EXL and Databricks expand collaboration to help enterprises build trusted data foundations for AI

(NASDAQ:EXLS) EXL, a global data and AI company, announced it has achieved Gold Tier Status in the Databricks Partner Program, expanding its collaboration with Databricks. EXLdata.ai and Databricks’ security, governance and lineage capabilities are being used to help organizations strengthen their data foundations for enterprise AI. EXL is helping enterprises adopt Databricks Bring Your Own Lineage capabilities, enabling organizations to connect and govern data across platforms while preserving existing technology investments. EXL will showcase these capabilities at the Databricks Data + AI Summit on June 15-18. The company has approximately 67,000 employees spanning six continents. EXL was founded in 1999 and is headquartered in New York. The company cautions that forward-looking statements in the press release are subject to numerous uncertainties and factors relating to EXL's operations and business environment.

EXL announces integration with NVIDIA Transaction Foundation Model workflow to help financial institutions build next-generation AI for fraud, risk and transaction intelligence

(NASDAQ:EXLS) EXL, a global data and AI company, announced the integration of NVIDIA’s Build Your Own Transaction Foundation Model developer example into its AI and analytics offerings. The integration enables financial institutions to rapidly build and deploy transaction intelligence applications powered by their own proprietary data. The Build Your Own Transaction Foundation Model developer example allows organizations to train and fine-tune models on billions of transaction events, including payments, transfers, product interactions, and behavior signals. EXL helps financial institutions build, customize, and operationalize transaction foundation models using their own proprietary datasets by embedding the developer example into EXLerate.ai ™. EXL was founded in 1999 and has approximately 67,000 employees spanning six continents. The company is headquartered in New York. The company projects that these capabilities will accelerate the transition from siloed, rules-based systems to intelligent, adaptive transaction monitoring and decision systems.

EXL recognized as 2025 Genesys New Partner of the Year

EXL [NASDAQ: EXLS], a global data and AI company, announced that it has been named the 2025 New Partner of the Year by Genesys, a global cloud leader in AI-Powered Experience Orchestration. The award recognizes EXL's integration of advanced data, analytics, and AI expertise with the Genesys Cloud platform to empower enterprises to deliver smarter, data-driven customer experiences at scale. EXL is headquartered in New York and has approximately 65,000 employees spanning six continents. The announcement highlights EXL's position in the partner ecosystem and its commitment to delivering integrated solutions that reimagine workflows and deliver better outcomes at speed and scale.